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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 Newsday 20241009

You can see this time lapse here shared by american astronaut matthew dominick showing how this storm looks from space. 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. 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 also warning this could be one of the worst storms to hit florida in a century. Melanie bevan is the chief of police in bradentown a town that is right in the path of hurrican milton and experienced a lot of damage during the recent hurricane helene. She spoke about what a forecast like this means for law enforcement in the area. We have ....

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Transcripts For CNN Erin Burnett OutFront 20241009

Quote, you will not survive the dark and dire warnings aimed at millions in the path of hurricane milton. Now strengthening again to an extremely dangerous category five plus the kremlin calling legendary journalist bob woodward with new reporting tonight, that trump and putin have shared as many as seven secret calls after trump left the white house and that trump gave putin peculiar gifts. Kamala harris tonight, seizing on this new reporting, and k file, striking again, on earth thing and interviewed jd vance did not want trump to see, but he ll see it tonight. Let s go outfront i m erin erin burnett outfront tonight. We are following several breaking stories, including bombshell, new details about donald trump s secret calls after he left office it is peculiar gifts to vladimir putin, details on that in just a moment, i want to begin though first with what is shaping up to be the worst hurricane to hit florida in 100 years. This hour, hurricane milton gaining strength now back to ca ....

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Transcripts For BBCNEWS Verified Live 20241009

Another elimination tomorrow. Helen is standing by. You another elimination tomorrow. Helen is standing by. Helen is standing by. You got the results helen is standing by. You got the results there helen is standing by. You got the results there of helen is standing by. You got the results there of that the results there of that Ballot And Tom tugendhat goes out. He was broadly expected to lose out today in this round. It is interesting if you look at the numbers, Tom Tugendhat with 20 votes, he went back one from the last round when he got 21, robertjenrick had been in the lead in each round until this one, he had 33 votes in the last one but now it is 31. Kemi badenoch has increased by two votes but the big win in this round is James Cleverly. Last time he was joint last with Tom Tugendhat with 21 votes but he has leapt up to 39. It was suggested he had had a pretty good Party Conference last week and he really made the most of the opportunity he had to talk to members. His speech wa ....

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