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BBCNEWS Business Today October 9, 2024

Fanning the flames. What can the government do? we talked again about 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 this future is around? 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. 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, bad property investments for a very long time but the banks need to have better capital 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 w ....

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CNN Laura Coates Live October 9, 2024

Is set to hit Floridas Gulf Coast late Wednesday Night tampa, potentially in the bullseye in the Citys Mayor is not mincing words. She is warning people who dont evacuate, quote you are going to die it appears some are taking her very seriously with those foreboding words, hitting the roads and streaming out of the area before it gets too late. The storm described as extremely dangerous with sustained winds of 100 and 65 miles per hour. Milton, now the strongest storm to occur anywhere on the planet. This year. I want to bring in Cnn Meteorologist Chad myers. Chad, weve heard the strong words in the tampa mayor. What is this new advisory show . It shows that we lost a little bit of pressure. The pressure went up. Thats good news. Weve lost a little bit of Wind Speed from one at 165. Thats still category five okay. Were not were not bringing this down. Do cat two or one or tropical storm a very dangerous storm, but hurricane hunters, both noah and also Air Force have flown in the ai ove ....

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FOXNEWS Fox News at Night October 9, 2024

Americas latest news, Fox News night. Breaking tonight, it is no longer a mystery why fema is broke, turns out a Oneman Goal Number 1 is dei keg being ready and prepared his Goal Number 3. With a category five hurricane threatening florida we are learning to just 9 of Femas Disaster workers are available to respond, Common Sense has thoughts and moments per while americans are waiting for power, Water And Housing the White House is sending money for water, Power And Housing to lebanon, announcing an additional 157 Million in new aid. So why is money going to lebanon instead of North Carolina . We tried to ask by this happened be one when youre asking the question is misinformation, thanks everybody. Trace meantime Kamala Harris embarking on a Softball Mendieta blitz, it is not off to a great start. Pardon me madam Vice President guided the question was how are you going to pay for it . I will make sure the richest among us who can afford it pay their fair share in taxes. But we are dea ....

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BBCNEWS BBC News October 8, 2024

Transcripts For BBCNEWS BBC News 20241008
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BBCNEWS Business Today October 8, 2024

For chinese shares. A good day for china investors today. Not a huge surprise given a number of factors impacting on the china markets today, the largest of course being stimulus and hopes of more stimulus. Just before the golden week holiday we heard of a number of measures designed to boost china s economy, including a cut in rates as well as extra liquidity to boost the bank lending and about $350 billion to support china s stock market as well. The recent stimulus measures, have are chemical in generating and changing what are often some structural problems that come about in the chinese economy? come about in the chinese economy? come about in the chinese econom ?.. economy? there have been a view. Is economy? there have been a view is when economy? there h ....

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