This is bbc news its newsday. Welcome to the programme. Starting with news in the us where its been a busy day for politics, with President Biden at the centre of events both willingly and unwillingly. The day began with the republicans in Congress Launching impeachment hearings. They accuse him of profiting from his sons Business Ventures while serving as vice president. Its worth noting that several previous investigations, including one by thejustice department, hasnt found any evidence of that, but the republicans say there is a case to answer. The House Oversight and Accountability Committee has uncovered a mountain of evidence revealing howjoe biden abused his Public Office for his familys financial gain. The years, President Biden has lied to the American People about his knowledge of and participation in his familys corrupt as schemes. Business. While that was happening in washington, President Biden was making his way to arizona, where he made the latest of his set piece speec
Month suspension had been lifted. Katherine shi is an editor and she told me this will further complicate evergrande s restructuring plans. So, i think with the chairman of evergrande arrested, the current Restructuring Talks with creditors is going to take a much longer time. With the Police Investigation ongoing, creditors will need to wait for a longer time until the Police Investigation results come out. They had negotiated with the company for over two years about the terms of the restructuring but the halt of the restructring plan brings more trouble as this esrc has denied to issue the shares for evergrande. So, for the aftermath, i think everyone either has to resort for an entirely different Restructure Plan or the creditors will need to wait for a longer time, until the investigation by the police would come out. What about government policies, if we look at that, which focus on ensuring buyers who paid deposits for their flats get that money back or get their units back . It
Lifted. Katherine shi as an editor were distressed at service and she told me this will further complicate evergreen s restructuring plans. Evergreens restructuring. Lans. ,. , plans. 50, i think with the chairman plans. 50, i think with the chairman of plans. 50, i think with the chairman of Evergrande I Chairman of evergrande arrested, the current Restructuring Talks with creditors is going to take a much longer time, with the Police Investigation ongoing creditors will need to wait for a longer time until the Police Investigation results come out. They had negotiated with the company for over two years com pa ny for over two yea rs about company for over two years about the terms of the restructuring, but is it brings more trouble as this esrc has denied to issue the shares for evergrande. Sol denied to issue the shares for evergrande. So i think everyone either has to resort to an entirely different Restructure Plan or the creditors will need to wait for a longer time until the inv
Further complicate evegrande s restructuring. Sol so i think with the chairman of ever grand arrested, the talk with creditors is going to take a much longer time. With the Police Investigation ongoing, creditors will need to wait for a longer time until the Police Investigation results come out. They have negotiated with the company for over two years com pa ny for over two yea rs about company for over two years about the terms of the restructuring, but the restructuring, but the Restructuring Plan rings more trouble as they have denied to issue the shares for ever grand. Totally different Restructuring Plan or they need to wait for an even longer time, by the investigation by the police will come out. Investigation by the police will come out. Catherine, you know, will come out. Catherine, you know. About will come out. Catherine, you know, about government know, about government policies. Buyers that paid deposits for their flats, or get their units back, its about ensuring that Pr
Live from our studio in singapore. Welcome to the programme. Starting with news in the us where its been a busy day for politics with President Biden at the centre of events both willingly, and unwillingly. The day began with the republicans in Congress Launching Impeachment Hearings they accuse him of profiting from his sons Business Ventures while serving as vice president. Its worth noting that several previous investigations, including one by thejustice department, hasnt found any evidence of that but the republicans say there is a case to answer. The house has uncovered amount of evidence Thatjoe Biden abused his Public Office for his financial gain. For years hes lied to the American People about his knowledge of and his participation in his familys corrupt business schemes. While that was happening in washington President Biden was making his way to arizona, where he made the latest of his set piece speeches as he campaigns for re election. This one was about threats to democrac