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BBCNEWS Business Today October 9, 2024

The issues china is facing. Short of these stimulus packages, we don t know a great deal about where the money is being spent. Would you be looking for in order to try and turn these futures around 7 one of the big issues is the banking system is huge in china, it is loaded with bad debts. It s been forced to lend to bad projects for so long so the first thing to do is rescue the banks of this is something that the fed did after the financial crisis. system. Instead of giving them more money to lend and using that money to set up a fund, buy from them all of the bad assets and let them go back to a clean balance sheet and start over. The government can hold this bad debt, these bad property investments for a very long time but the banks need to have a better capital base to start lending again and you need to stop forcing them to lend only to state owned enterprises which are not profitable and bad projects, bad infrastructure projects with a 1% return on assets. You need to get the ....

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BBCNEWS Business Today - NYSE Opening Bell October 9, 2024

The worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the european unIon. It follows last Weeks DecisIon by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariff of up to 39 to the chinese government after they decided their own producers were being unfairly harmed. It follows the eu pushing ahead with tariffs of up to 45 of chinas Electric Vehicles which it says have benefitted unfairly from government help. Last Year Trade between the Eu And China was worth about 811 BillIon after it fell last year. With more tarfffs under consideratIon, it could fall further. Im joined now by Dr Deborah elms, head of Trade Policy at the Hinrich FoundatIon in singapore. It describes itself as a philanthropic organizatIon that works adavance sustainable trade. So the ....

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BBCNEWS Verified Live October 9, 2024

Hello, im mathew amroliwala. The israeli military says, its expanding its Ground Offensive against hezbollah by moving into a new zone, in south western lebanon. It says it now has some 15,000 soldiers deployed in the south of the country. Hezbollah has fired more than 100 rockets at northern israeli cities and while israel says it shot most of them down, there has been some damage in the Port City of haifa. Amid the fighting, the Deputy Leader of hezbollah has said he supports a call from lebanons parliament, for a ceasefire with israel. Its thought to be the first time hezbollah has called for a ceasefire without tying it to a truce in gaza. 0ur chief international Correspondent Lyse Doucet is in tel aviv. Clear Signs Today of an escalation in israeli military operations in southern lebanon, with forces moving away from the South East where they have been focusing their actions to the south west, giving evacuation Orders Yesterday for people to move out of that area. It said from the ....

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BBCNEWS Verified Live October 9, 2024

Another elimination tomorrow. Helen is standing by. You another elimination tomorrow. Helen is standing by. Helen is standing by. You got the results helen is standing by. You got the results there helen is standing by. You got the results there of helen is standing by. You got the results there of that the results there of that Ballot And Tom tugendhat goes out. He was broadly expected to lose out today in this round. It is interesting if you look at the numbers, Tom Tugendhat with 20 votes, he went back one from the last round when he got 21, robertjenrick had been in the lead in each round until this one, he had 33 votes in the last one but now it is 31. Kemi badenoch has increased by two votes but the big win in this round is James Cleverly. Last time he was joint last with Tom Tugendhat with 21 votes but he has leapt up to 39. It was suggested he had had a pretty good Party Conference last week and he really made the most of the opportunity he had to talk to members. His speech wa ....

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BBCNEWS BBC News Now October 9, 2024

About whatever city you go into. So, it comes with the territory. Manchester united want to win. The supporters want to win. And every manager who goes into the job wants to win as well. I think hes showed brilliant resilience in the situation hes in. I think he should be credited for how well hes conducted himself. As far as i know, i dont see him ducking any questions or any Media Interviews that you people put forward to him. So i think you have to give him great credit for that. But its a job which is going to attract immense pressure, people talking. So, i have to say, i think hes done a brilliantjob. The group stages of the womens Champions League get underway later. Womens super league champions chelsea face Real Madrid in one of The Stand out ties. Chelsea Head Coach Sonia bompastor is the only woman to have won the compeition as a player and a manager. There are three other ties on tuesday. Celtic take on twente, while Lyon Play Galatasaray and roma face wolfsburg. Staying wit ....

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