Asia, that bears close watching. Business week has been writing about the debt pile up in china. Everybody has been watching this. China has been doing something to get rid of debt . Joel this is called the year of the dog. What we will be talking about is deleveraging. The debt pile up in china is enormous. Theres been a number of people. For years, people have been calling for, something is going to give. It will be bad for the global economy. All eyes on this in general. Where our story picks up on that is talking about, the number is 30 trillion. Thats how much we are talking about here. Its massive. The number of people actually pick up is 259 of gdp. What do you do about that . The message about deleveraging is what this will be all about. Julia still providing credit to companies that they are not concerned about, but they are also cracking down on big corporates that have been spending. Its not even called corporate. Its conglomerates. Is one thats making news now. Its going of
Carol we are here with the editorinchief of Bloomberg Businessweek joel weber. Lets start with remarks in asia, that bears close watching. Businessweek has been writing about the debt pile up in china. China has been doing something to get rid of that. Joel this is called the year the dog. What we will be talking about is deleveraging. The debt pile up in china is enormous. Theres been a number of people the further away you get from china, the more bearish you get on china, apparently, but for years, people have been calling for something is going to give. It will be bad for the global economy. All eyes on this in general. Where our story picks up on that is talking about, the number is 30 trillion. Thats how much we are talking about here. Its massive. The number people pick up on is 2. 5 gdp. What do you do about that . President xi this year will be about deleveraging, which is what this is about. Julia still providing credit to companies that they are not concerned about, but they
Businessweek joel weber. Lets start with remarks in asia, that bears close watching. Businessweek has been writing about the debt pile up in china. China has been doing something to get rid of that. Joel this is called the year the dog. What we will be talking about is deleveraging. The debt pile up in china is enormous. Theres been a number of people the further away you get from china, the more bearish you get on china, apparently, but for years, people have been calling for something is going to give. It will be bad for the global economy. All eyes on this in general. Where our story picks up on that is talking about, the number is 30 trillion. Thats how much we are talking about here. Its massive. The number people pick up on is 2. 5 gdp. What do you do about that . President xi this year will be about deleveraging, which is what this is about. Julia still providing credit to companies that they are not concerned about, but they are also cracking down on big corporates that have be
They contact our office and can remain anonymous everyday was also cited for having excessive watering gas storage tanks mr. Lally told me he wasnt eliminating violating anything and hes working on fixing the problem he says hell keep pumping it Everyday Stores the section of i70 shed them by a rock slide is open but only in the evenings and overnight new video posted to not showing crews working in the light snow still clearing boulders and debris they shut down interstate 70 in Glenwood Canyon almost a week ago seat i started using pilot cars that are drivers early this morning going single file along the narrow lane thats been cleared the pilot cars and running between 4 00 p. M. And 9 00 a. M. Again tonight so for cedar crews have moved in 400 tons of rock and still have at least a weeks worth of work ahead of them will let you know how the progress goes the maybe the martian earned rave reviews and could win best picture at the academy decade a group from colorado has worked to ma
Off supply of gas in the middle of winter with during the last 6 to 7 years. The European Union has been saying that russia is using gas as a weapon without giving any concrete examples. But what we know for sure that with the in the well continue to play his her, that the games. This will also be heard in moscow. Europe cannot be divided also coming up as a symbol of cooperation in the stars, the International Space station, with tensions over the war in ukraine high russia wants to pull out of the project and take a giant leap forward in its commitments in space. We will fulfill all of our obligations to our partners, but the decision has been made to leave the station after 2024. I think by that time we will, if were going to build a russian or retail station or starter. Welcome to the day, the European Union agreed a plan to reduce its reliance on Russian Energy at an emergency meeting in brussels. The u ministers struck a deal on rationing their natural gas is coming winter. It co