Stay updated with breaking news from Element cover. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 ....
Live from london, this is business today. We start with uber, the us Tech Firm that has become a global transport giant. Around The World some 6 Million people work as drivers and couriers through the uber app, and their services are used by 150 Million people at least once a month. Well, the boss of uber, dara khosrowshahi, has been talking to our business editor simonjack, about their plans to make the firm greener and get more of their drivers using Electric Cars. But hes worried that trade tensions with china are getting in the way. The us and europe are hitting chinese Electric Cars with hefty Import Taxes or tariffs ....
In A Hundred years. Hurricane. The head of the services given a rare Security Services given a rare public Speech Warning that russia is on a mission to bring mayhem to the streets of the uk. Can mccallum says theres been a large rise in the moves of Russia And Iran, a staggering rise in the number of children being investigated for terrorism with very young people being drawn into what they call, poisonous online extremism. In they call, poisonous online extremism. Extremism. In the first 20 ears extremism. In the first 20 years of extremism. In the first 20 years of my extremism. In the first 20 years of my career extremism. In the first 20 years of my career here, i years of my career here, terrorist threats, we now face those alongside state backed sabotage in th ....
At what the papers are saying about tomorrows news. Good evening. This is what Hurricane Milton looks like from space. It is gathering strength as it heads towards the West Coast of florida tonight. The worst storm there in a century is how President Biden is describing it. And it comes less than two weeks after another Storm Hurricane Helene brought terrible devastation to the area, leaving more than 200 people dead. The mayor of tampa said Hurricane Helene was a wake up Call Milton is literally catastrophic. Scientists say Climate Change and warmer seas are fuelling these increasingly dangerou ....