a p pa re ntly apparently the british people love pies! we will get stuck into that later. let s start with apple, because the tech giant has unvelied four new iphones which will hit the shelves next month. we re not talking apple pies. the firm has had a busy 2a hours, it was forced to release a security patch after a flaw was found in its devices. however, apple will be hoping its new offerings will be making the headlines now. the new iphones include the iphone 13, iphone 13 mini, iphone 13 pro and iphone 13 pro max which will have a starting price of $699. the launch comes as buyers are keeping their phones for longer before upgrading. investment firm wedbush securities estimates that around 250 million iphone users have not upgraded their phones in 3.5 years. joining me now is russ frushtick, co founder of polygon. i m sure you ve been looking in detail with what apple wants, we always demand you innovation and this time everyone seems very underwhelmed?- and this ti
we ll be talking rockets later on in the programme. but how about this forjet propulsion? china s latest economic growth numbers. they re staggering. 18%. yes, you heard correctly. in fact, just a smidgen above that. but, remember, most things are cast in a flattering light if you compare them to this time last year china was first into the pandemic, remember and it looks like it s one of the first out. but how sustainable is this recovery? that depends on where the growth is coming from. let s take industry; a major driverfor china. output grew 14%. but that was a little weaker than many industry watchers had hoped for. and workers spent more time working this time around because they didn t travel home, as they normally would, during the spring festival for a period that can be a month long holiday. let s speak tojinny yang, managing director and chief china economist, icbc standard bank. what do you think of these numbers? jelinic they are staggering but it means t
always a pleasure to see you. this is a company that almost collapsed two years ago. why is it filing for bankruptcy in the united states? i think it is a legal move. the debt restructuring talks were already going on with hong kong, cayman islands, word has holding companies. the advantage for evergrande to file for bankruptcy in america is a gives it some protection against us creditors for the duration of that court process. i5 creditors for the duration of that court process- court process. is there a lot of exoosure court process. is there a lot of exoosure for court process. is there a lot of exposure for foreign court process. is there a lot of. exposure for foreign companies court process. is there a lot of- exposure for foreign companies here? i think there is a certain amount of exposure. there are enormous amounts of debts, large amounts of the offshore bonds have lost their value and i believe many of the less risk taking investors already sold their offsho
russian media showed damage to an exhibition centre in that area, west of the city centre. but it wasn t completely clear whether that damage was caused by debris from the drone falling, or whether actually, the drone hit its target. drone attacks in areas around moscow are relatively common. in fact, we hear almost every day about drones being shot down or drones being discovered on the ground. but it is relatively rare for a drone to get this far into the city centre and this close to the kremlin itself, about three miles away was where this incident took place. you will remember at the beginning of may, the kremlin itself was attacked by two drones. will, what can you tell us about humanitarian aid, or the corridor that was set up by ukraine after the deal ended and any further discussions didn t go anywhere? i understand that there is a ship that has got through, any more detail on that? that s right, there are reports that a ship has made its way through that corridor, w