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Transcripts For BBCNEWS Asia 20240705

do you think they will be able to get their money back? i think that for the major debt holder, the bond order should be, to be honest, we expect this bond order can still only recover approximately 2% or 3% under liquidation scenario and currently the bond issued by evergrande is only trading at 2 cents of the dollar. at this point we believe the most valuable assets owned by evergrande 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 its onshore assets. what are the broader implications for the industry from evergrande s liquidation? actually, evergrande is the first developer, first large developer that has been ordered to liquidate. if you look at the previous example, we also saw that the government between hong kong and mainland china china has unusual recognition for insolvency proceedings. so in theory, liquidators from hong kong sh

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Transcripts For BBCNEWS Verified 20240705

paul adams has more. the americans say the attack happened at a base known as tower 22, right on the syrian jordanian border. it s one of many american bases across the region. there have been dozens of drone and missile attacks in recent months, but no american personnel have been killed until now. joe biden, seen here attending church, was quick to point the finger. we know it was carried out by radical iran backed militant groups operating in syria and iraq, he said. it s not necessarily a tipping point into uncontrolled escalation between the united states and iran, but it s another very dangerous step because, as i say, the us will have to respond even more strongly than it s done to previous attacks. carefully cultivated over years, iran has a wide network of allies and proxies operating in countries across the middle east. they re all opposed to israel and the united states. it s sometimes called the axis of resistance. there are pro iranian militias in lebanon, the

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