The dow wiped out the last of its gains made for the year so far. Shares of chinese real estate Giant Evergrande jumped by 28 as trading resumed in hong kong, after being halted last week. We will put up those figures for you as well, and as you can see the debt laden Developers Stock market valuation has fallen by almost 99 since july 2020. We should also point out that it is a penny stock at this stage, just to put those numbers in context as well. Over the last year, it has come to light that the Evergrande Company is the worlds most indebted developer, with liabilities at over 300 billion. But its not alone. Other Smaller Developers have also defaulted on their debts, leaving unfinished building projects across the country. The Chinese Government has announced more support for real estate companies, including encouraging banks to extend the repayment periods on loans. The Property Market accounts for around a quarter of the worlds second largest economy. That is why it is all the m
And the congress. A few months ago after a long negotiation between myself and republican speaker, of the house of representatives, we came to agree on a Budget Agreement precisely to avoid a Manufacturing Crisis that we just witnessed. For the last few days and weeks of extreme republicans tried to walk away from that deal, voting for deep drastic Spending Cuts from 30 80 that would have been devastating for millions of americans. They felt again and we stopped. But im under no illusions that they will be backing it. Illusions that they will be backing it illusions that they will be backin it. ,. ,. , ~ backing it. Eschol parkl spoke with an analyst backing it. Eschol parkl spoke with an analyst to backing it. Eschol parkl spoke with an analyst to ask backing it. Eschol parkl spoke with an analyst to ask how with an analyst to ask how Global Markets will react to the latest development out of washington. Indie the latest development out of washington the latest development out of wash
When you give it in congress. A few months ago after a long negotiation between myself and republican speaker of the house of representatives, we tend to agree on a Budget Agreement precisely to avoid a manufactured crisis that we have just witnessed. Of the last few days and weeks, extreme republicans tried to walk away from that deal footing for deep drastic spending cut that wouldve been devastating for millions of americans. They failed again and we stopped them. But im under no illusions that they will be back. We under no illusions that they will be back. Will be back. We have 45 days and kicking will be back. We have 45 days and kicking the will be back. We have 45 days and kicking the can will be back. We have 45 days and kicking the can down will be back. We have 45 days and kicking the can down the| and kicking the can down the road and kicking the can down the road and and kicking the can down the road and i and kicking the can down the road and i feel as though there will b
Golfs greatest rivalry is ready to rumble in rome. Passions are sky high with the start of the ryder cup just minutes away, with team europe looking to reclaim the trophy they lost in the usa two years ago. And i am in amongst the dahlias, but not where you would expect. We are in stonehenge this morning. I will tell you why i am here i give you a forecast which will today has a lot more sunshine around. That and all of the weekend details coming up on breakfast. Its friday the 29th of september. Our main story. Family and friends of Elianne Andam, the 15 year old who was fatally stabbed on her way to school in south london, have attended a vigil by the bus stop where she died and said their hearts are broken. Police are continuing to question a 17 year old boy on suspicion of her murder, as Graham Satchell reports. Late yesterday afternoon, Elianne Andams family gathered on the street in croydon. Guided by a Senior Police officer, they made their way to the exact spot where the 15 yea
The transition to Electric Vehicle is the focus. It could mean less job security. Michelle fleury visited lordstown. Stretching across 64 acres, the factory is far from the picket line. But this site, a partnership between General Motors and a korean battery supplier, lg, is at the forefront of the United Auto Move to electric does. A Maintenance Technician here at the only american Battery Plants to be represented by a union. Seeing those machines move and make a sale. It was like a kid in the candy store. I was so excited. She loves herjob and said she had to vote or pay and benefits. Battery workers in a factory a fraction what traditional auto workers make. We want that job security. We want the fair justice and fair wages. 16 an hour was not fair. 18 an hour was not fair. You know, and we want to safety. Safety was not there. Frustrated, she and her colleagues voted to unionise last year, recently winning a pay increase. In michigan, president biden, whose policies are exhilaratin