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Transcripts For BBCNEWS BBC News 20241009

Been cancelled, ahead of its landfall, which is expected to bring strong winds of up to 165 mph, 270 kph. Milton comes just days after hurricane helene tore through the southeastern us; 225 people were killed by the natural disaster across six states. The back to back storms are expected to leave historic levels of damage that could take years to recover from. Unlike helene, milton will only pass through florida on its way to the atlantic ocean, making the sunshine state the only one to be affected twice. President biden has postponed a trip to germany to oversee preparations and prepare a federal response. He urged those in milton s path to evacuate, calling it a matter of life and death. Our correspondent gordon corera sent this report from tampa in florida. An exodus from tampa. Long lines of traffic snaking out of the city tell you that the warnings are being taken seriously here. Florida is used to hurricanes, but the message has been that this time is different. The city is still ....

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Transcripts For BBCNEWS Business Today 20241009

The issues china is facing. Short of these stimulus packages, we don t know a great deal about where the money is being spent. Would you be looking for in order to try and turn these futures around 7 one of the big issues is the banking system is huge in china, it is loaded with bad debts. It s been forced to lend to bad projects for so long so the first thing to do is rescue the banks of this is something that the fed did after the financial crisis. system. Instead of giving them more money to lend and using that money to set up a fund, buy from them all of the bad assets and let them go back to a clean balance sheet and start over. The government can hold this bad debt, these bad property investments for a very long time but the banks need to have a better capital base to start lending again and you need to stop forcing them to lend only to state owned enterprises which are not profitable and bad projects, bad infrastructure projects with a 1% return on assets. You need to get the ....

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Transcripts For BBCNEWS Business Today 20241009

Fanning the flames. What can the government do? we talked again about the issues china is facing. Short of these stimulus packages, we don t know a great deal about where the money is being spent. Would you be looking for in order to try and turn this future is around? one of the big issues is the banking system is huge in china, it is loaded with bad debts. It s been forced to lend to bad projects for so long so the first thing to do is rescue the banks of this is something that the fed did after the financial crisis. Instead of giving them more money to lend and using that money to set up a fund, buy from them all of the bad assets and let them go back to a clean balance sheet and start over. The government can hold this bad debt, bad property investments for a very long time but the banks need to have better capital to start lending again and you need to stop forcing them to lend only to state owned enterprises which are not profitable and bad projects, bad infrastructure projects w ....

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Transcripts For BBCNEWS Breakfast 20241009

Ive only ever played Derek Trotter. Good morning. We are months away from new rules that will see manufacturers rather than the local Council Pay for recycling like this. The government says it will help fund a greener economy. Businesses say it will be them And you footing the bill. In sport, the future of the Manchester United manager erik ten hag will be decided today as Club Executives meet later it follows the clubs worst start to a Premier League season. Good morning. For the next couple of days we are looking at a mixture of sunshine And showers. Some of those will be heavy
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Transcripts For BBCNEWS Sportsday 20241009

Downpours and thunderstorms pushing northwards and eastwards across england and wales. Weve also had this band of Rain Across Southern and Central Scotland and Northern Ireland. That will weaken overnight. The showers will move eastwards in the south but still with the chance of localised Flooding And Transport disruption. Itll start to turn cold as the night wears on in the north of scotland. Northerly winds digging in here. Tomorrow, our area of low pressure still with us. This is the deep low running to the south of us. That is a former hurricane kirk. All of these different areas of low pressure will be moving eastwards over the next couple of days, taking the rain away eastwards too and bringing in this northerly wind. Tomorrow for many, cloud ....

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