of where the republican candidates running for president stand in ukrainening a little bit shocking.t republ it s all we expected, and it sin cas at all what republican on capitol hill are saying.disc more evidence that there son a disconnectnect between republicans in washington and everyone else. we ll get that in just everyon a minute. but first tonight, it hass sinc been 15 years since the global 2018financial crisis of 2008, a. a long time, but it hasn t gonee away. it s consequences st is , in fa. still define our world. sy is the u.s. government so deeply in debt?how di how did wall street get so muchm money? what did they do exactlyuc? why are housing prices so high? hi why do our leaders stoke racial conflict? why have so many mano americans concluded that their system is rigged? in every caserigged. the anss to those questions is the same . it all bega n inin two thousand eight now 2008. u and its aftermath is a complex story, but it s justncia some up in
you will see it like never before. tonight with the context, the former mayor of baltimore, stephanie rawlings blake, and the former uk ambassador to paris and national security advisor, lord peter ricketts. hello, welcome to the programme. it s hard to overstate how poorly the british government s fiscal event on friday has been received by financial markets. nothing in recent history compares with the price moves we have seen since. not brexit, not covid, 9/11 not even the uk s ejection from the exchange rate mechanism. the pound has slumped to its lowest ever level against the dollar. and the rate on short term gilts is now higher than italy or greece. 0rdinarily, tax cuts to promote growth might be welcomed by the city, when they are properly costed. but the government s critics would say that if there s no framework for the size of borrowing, nor any timeframe established to deliver the growth the treasury is chasing, then don t be surprised if markets are spooked. s
but that moving patients many of whom are in intensive care is impossible. more from the middle east in a moment. more from the middle east in a moment. time for a look at the business news now with ben thompson. good afternoon, ben. thank you very much. let me bring you up to date. let me bring you up to date. we start in china, where the world s most indebted property developer evergrande has been granted more breathing space by a court in hong kong, before a decision is made over its possible liquidation. the firm, which owes over $300 billion, has until a hearing scheduled for 4th december to come up with a new restructuring proposal, as nick marsh reports. evergrande has got five weeks to achieve what they have failed to do for the past two years, which is come up with a repayment plan that its creditors will agree to. now, if they don t manage to do this, then liquidation is a possibility, but don t think that that would mean the end of the evergrande story. in
people that would be banking with that particular brand people that would be banking with that particular brand and - people that would be banking with that particular brand and people . that particular brand and people bank that particular brand and people bank with that particular brand and people bank with coutts that particular brand and people bank with coutts because - that particular brand and people bank with coutts because of- that particular brand and people bank with coutts because of the| bank with coutts because of the nature bank with coutts because of the nature of bank with coutts because of the nature of that bank with coutts because of the nature of that brand. bank with coutts because of the nature of that brand. so - bank with coutts because of the nature of that brand. so they. bank with coutts because of the i nature of that brand. so they need to try nature of that brand. so they need to try and nature of that brand. so they need to try and find