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been attacked more than 170 times, the group behind the debts at the base called sonic resistance in iraq are part of an iran sponsored network in the middle east. known as the axis of resistance, that a number of pro iran militias based in iraq, syria, lebanon, palestinian territories and south as yemen. all opposed to israel and the united states. our editor has the latest. in the situation room, president joe biden with his defence secretary is considering his military reaction. we are told he is weighing his options. he needs to retaliate, but without causing more conflict. irate needs to retaliate, but without causing more conflict. we don t seek another causing more conflict. we don t seek another war. causing more conflict. we don t seek another war. we - causing more conflict. we don t seek another war. we do - causing more conflict. we don t seek another war. we do not i seek another war. we do not seek another war. we do not seek to escalate. but we will ....
you think they will be able to get their money back? i think that for the get their money back? i think that for the maiden get their money back? i think that for the maiden - get their money back? i think. that for the maiden majored that for the maiden majored that for the maiden majored that holder, the bond order should be, to be honest, we expect this bond order can still only recover approximately 2% or 3% of the liquidation scenario and currently the bond issued by grand, by a currently the bond issued by grand, bya grant, trading at2 cents of grand, bya grant, trading at 2 cents of the dollar. at this point we believe the most valuable assets owned by ever grand are still in offshore assets which include the share of the publicly serviced and other electric vehicle divisions. meanwhile we think it is virtually impossible to recover anything from onshore assets. ~ ., ., recover anything from onshore assets. ~ . ., , assets. what are the broader i ....
us, you are in time for the top business stories. we start in the us where, as you ve been hearing in the last few hours, meta, the owner of facebook, instagram and whatsapp, has launched its widely anticipated new conversation app, threads. it allows users to create posts of up to 500 characters and is being seen as a clear rival to twitter. threads is available to download in more than 100 countries around the world, including here in the uk, but not as yet in the european union because of concerns over privacy regulations. meta boss mark zuckerberg says 5 million users have already signed up to threads in the first four hours. and many tech industry watchers say it poses a very real threat to twitter. i think threads will pose a huge threat to twitter because it is coming from the matter and instagram family of apps. instagram has 2 million users compared to around 250 million of twitter so about ten times bigger already. of twitter so about ten times biggeralready. ....
this is the first time a us treasury secretary has visited china since the covid pandemic and this is the environment they find themselves in. for example, trade restrictions. one point of contention is over rare earth metals, essential components to make semiconductor those which are used in everything from smart phones to military equipment. earlier this week beijing said it will require a special license to obtain two metals predominantly mined in china stopping this move has seen a retaliation against export bands put in place by the united states of critical technology needed for artificial intelligence and quantum computing. both sides argue that these bands are neededin argue that these bands are needed in the interest of national security. another issueis national security. another issue is the weakening yuan. china s currency has lost nearly 5% of its value against the us dollar over the past year which makes chinese exports more competitive on the global marke ....
think that for the major back order, the secured lender, the bond order should be the one of the optional creditors but to be honest it s suspected the bond order could only recover 2% to 3% under liquidation scenario and currently the bonds issued by evergrande are also trading at around up to 2 cents to the dollar, we believe that the most viable assets by evergrande are offshore assets which include the shares of the properties of electric vehicles divisions. meanwhile we think that it divisions. meanwhile we think thatitis divisions. meanwhile we think that it is virtually impossible to recover anything on the onshore assets. to recover anything on the onshore assets. what are the broader implications - onshore assets. what are the broader implications for - onshore assets. what are the broader implications for the l broader implications for the industry from liquidation? actually, evergrande is the first one, the first developer, the first large developer that is ordere ....