number one in the world of the last few years. under expectation this year is to see another 13,500 millionaires leave china. leave china. are they completely leave china. are they completely cutting i leave china. are they i completely cutting ties leave china. are they - completely cutting ties from china? ., ., . . completely cutting ties from china? ., ., ., ., a china? no, not at all. as peeple china? no, not at all. as people become - china? no, not at all. as people become more - china? no, not at all. as - people become more financially independent they do seek sometimes what are considered greener pastures. reasons for that might include better education for their children, access to healthcare. i think in china s case, as i said, a lot of people do still keep their businesses there, we expect it to sit probably in second place with a500 net inflow of millionaires into the uae and particularly into dubai. . , , dubai. have you seen this migration dubai. have y
investing the money they had originally promised. from new york samira hussain explains. after the ohio town where it is based,it after the ohio town where it is based, it started in 2019 and words heralded by then us president donald trump does company that was bringing back manufacturing. since then it has struggled to make electric shocks, making only a handful. they also blame part of their failures on the taiwanese company foxconn, which says promised to invest more money and to collaborate on vehicle development plans. foxconn, which has already invested more than $50 million, said it was hoping to negotiate a solution to lordstown s financial woes. lordstown is not the only electric truck maker that has been suffering lately, river yealm, but by amazon, has made less cars, trucks, advance that it had expected. it is all a big come down from the electric truck frenzy that had wall street investors just a few years ago. that is samira hussain in new york. in other news t
welcome to verified live. prince harry has been awarded £140,000 damages in his phone hacking case against the publishers of the daily mirror. a high courtjudge ruled this morning that on 15 occasions, the duke of sussex was the victim of hacking or other unlawful methods of getting stories about him. in a statement, prince harry said, it s a great day for the truth and called on the police to launch a criminal investigation into mirror group newspapers. our media corrspondent, david sillito, reports. this has been a landmark case. prince harry said his life had been blighted by illegal press intrusion and, today, thejudge mrjustice fancourt ruled that, yes, his phone had been repeatedly hacked by mirror group newspapers. outside court, a statement was read out on behalf of the duke. today s ruling is vindicating and affirming. i ve been told that slaying dragons will get you burned, but in light of today s victory and the importance of doing what is needed for a free and
found in france, after he went missing six years ago will return to the uk in the next few days. possums, yes, it s me, dame edna, and aren t i looking gorgeous? and remembering the late barry humphries king charles and sir eltonjohn are among those paying tribute at a state memorial in sydney. and coming up on bbc news, we will hear how england s women are heading for defeat in mumbai almost 500 runs behind india in their one off test. good afternoon. prince harry has won his phone hacking case against the publishers of the daily mirror. a high courtjudge ruled this morning that on 15 occasions the duke of sussex was the victim of hacking or other unlawful methods of getting stories about him. he s been awarded £140,000 in damages. in a statement, prince harry said it s a great day for the truth and called on the police to launch a criminal investigation into mirror group newspapers. here s our media correspondent, david sillito. this has been a landmark case, prince
we start in china where earlier today we got to see more evidence of its economic difficulties. new home prices fell for the fifth straight month in november while property investment dropped 9.4% over the year so far. retail sales growth missed forecasts but on the plus side, industrial output, what those factories churn out, expanded in november at its fastest pace since the start of last year. the world bank is forecasting that china s economy will slow next year, with annual growth falling from 5.2% to 4.5%. duncan wrigley is chief china economist at pantheon macroeconomics. he told us more about the economic data we ve seen come out today from china. the general picture is pretty soft, soggy. one standout piece of data, actually, is the accelerated decline in existing home prices. now, property market, as i m sure everyone knows, is very weak in china. but part of the process is going to be clearing some of the excess overhang. there s a lot of investment properties boug