elon musk has clinched a deal to buy twitter for $41; billion cash, in a transaction that will shift control of the social media platform, populated by millions of users and global leaders, to the world s richest person. it is a seminal moment for the 16 year old company, which emerged as one of the world s most influential public squares, and now faces a string of challenges. the deal represents a near 40% premium to the closing price, the day before musk disclosed he had bought a more than 9% stake. even so, the offer is well below the $70 range where twitter was trading last year. joining me now is daniel ives, managing director, equity research. daniel, is this a good dealfor the company, for twitter? for twitter investors, the company, for twitter? igrr twitter investors, they are p°ppin9 twitter investors, they are popping champagne, because without musk, this is a stock probably less than $30. twitter has been behind the eight ball, thatis has been behind the eight
part of an overall unemployment rate of 5.3% injuly. all of which has had people taking to social media. kerry allen works for bbc monitoring and has been observing social media activity in china discussing this move. what are people saying in china about this move to stop counting youth unemployment? this has been a major talking point on social media and state media have reported this is not something young people should worry about and that things are projected to improve from august onwards but on social media a lot of comments that i have seen are very cynical, showing that statistically unemployment has been rising since the beginning of the year, and they are commenting things like, everything is stable, everything is improving, and the idea that if you do not see the data, it is not a problem. sarcasm is clearly not data, it is not a problem. sarcasm is clearly not dead data, it is not a problem. sarcasm is clearly not dead over data, it is not a problem. sarcas
from the old bailey. they ve been in the uk for between ten and 15 years, the three defendants are orlin roussev, bizer dzhambazov, and katrin ivanova. the latter two have been living as a couple in a series of suburban properties in london for about ten years. mr roussev arrived earlier in the uk, about 15 years ago, and he worked in financial services, in a technical role in communications, and later moved on to, he claims, own a company that was involved in signals intelligence, which involves the interception of communications. the other two worked, we re told, in health care jobs. that s what they told neighbours. they did own a local community group that supported bulgarian people who moved to the uk with english language classes and other things. this investigation was, is by the met police counterterrorism team, which has responsibility over espionage investigations. it investigated them in february. properties in london and great yarmouth were searched. and these thr
downgrade is forthcoming and what are the reasons behind it?- are the reasons behind it? this is a warnin: are the reasons behind it? this is a warning signal are the reasons behind it? this is a warning signal and are the reasons behind it? this is a warning signal and i are the reasons behind it? this is a warning signal and i think - are the reasons behind it? this is a warning signal and i think the - warning signal and i think the message they are trying to send is that you have to take this seriously. we have seen what happened recently, it issued a warning saying it would downgrade the us government s credit rating and then it followed through on the threat so that is the situation the banks are in. there are concerns circling and we saw higher interest rates and the problems caused from regional banks but on top of that there are other concerns looming, notably from the commercial real estate sector, worries that high interest rates are causing real problems and
china is experiencing a rare episode of sliding prices. japan s economy experienced this back in the 1990s and early 2000s. now, this comes hot the heels of disappointing china trade data on tuesday, which showed that exports sank at their fastest rate since the pandemic, dropping by more 14% in the year tojuly, with imports also falling by more than 12% in the same period. joining me now is duncan wrigley, chief china economist at pantheon macroeconomics. thank you very much for being with us today. the rest of the world looking on in amazement. considering the inflationary pressures the rest of us are dealing with. what do you read between the lines in this latest data? between the lines in this latest data? . latest data? ok, i mean, there are some latest data? ok, i mean, there are some short-term latest data? ok, i mean, there are some short-term factors i are some short term factors that push down the data for this month, there has been a surge of seasonal vegetabl