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BBCNEWS Verified July 3, 2024

By hamas at the nova Music Festival on the seventh of october. He says their bodies were taken into gaza. It is with a heavy heart that i share the news that last night, the Israel Defense forces and isaf forces rescued the bodies of shani louk, amit buskila and Itzhak Gelerenter, who were taken hostage during the hamas Massacre On October 7th and murdered, they were murdered by hamas. According to the credible information that we have gathered, shani louk, amit buskila and Itzhak Gelerenter were murdered by hamas while escaping the nova Music Festival on October The 7th and their bodi ....

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Analysis-What overcapacity? China says its industries are simply more competitive

The last day of U.S. Secretary Janet Yellen's trip to China coincided with the strongest retort yet from Beijing officials over her claims that China is flooding global markets with cheap goods, particularly in the new green industries. As Yellen laid out plans to formalise dialogue with China over excess industrial capacity in electric vehicles (EVs), solar panels and batteries, saying Washington would not accept U.S. industry being "decimated", the Chinese finance ministry issued a statement saying it had already "fully responded" to her concerns. Commerce Minister Wang Wentao, at a roundtable meeting with Chinese EV makers in Paris on Monday, said U.S. and European assertions of excess capacity were groundless, adding China's rise in these industries was driven by innovation and complete supply chain systems, among other factors. ....

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Yellen says China is too big to export its way to rapid growth

U.S. Treasury Secretary Janet Yellen said on Friday that China is too large to try to export its way to rapid growth and would benefit by reducing excess industrial capacity that is pressuring other economies. Yellen said in remarks to an American Chamber of Commerce during a visit to China that she understands that Beijing's direct and indirect government support for manufacturing is linked to domestic development objectives. But she said this "is currently leading to production capacity that significantly exceeds China's domestic demand, as well as what the global market can bear." ....

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