States have sued the Social Media platform, accusing it of helping to drive a mental Health Crisis among teenagers. A bipartisan group of 1a Attorney generals from across the country allege the company uses addictive features to hook children to the app. They also claim its intentionally misled the public about the safety of prolonged use. Tiktok has called the lawsuit disappointing. The platform is already battling a law passed by congress in april that would ban it from the us unless a chinese Parent Company agrees to sell it. Details now from New York. To sell it. Details now from New York to sell it. Details now from New York. , ,. , New York. The lawsuits from more than New York. The lawsuits from more than a New York. The lawsuits from more than a dozen New York. The lawsuits from more than a dozen states New York. The lawsuits from i more than a dozen states argue tiktok was deliberately designed to keep young people hooked on the service. The massively popular Video App is used
5,500 additional gigawatts of renewable capacity to come online between now and 2030. Thats more than the current Power Capacity of china, the european union, india and the United States combined. China is leading the pack, responsible for 60 of the additional output. And solar is winning the renewable race, making up 80 of the forecasted growth. But Electricity Infrastructure is not keeping up. Up to 10 of renewable energy is going to waste because its not able to be stored at times when more is being generated than needed. For more, joining me now the ieas Executive Director, dr fatih birol. This is a rare piece of good news and shows what can be achieved when a real effort is made. It is extremely good news for everybody, i would say, almost everybody, i would say, almost everybody around the world, because renewables are growing very strongly and there is huge potential for them to grow, and the main driver of this is very strong, massive growth is not necessarily climate policies.
Illegally crushed its competition in online search any landmark ruling back in august. The Case Centres on google accounting for 90 of such inquiries in the united states, which is similar to other countries. One of the crucial ways it does so well is the more than 26 Billion in annual payments it is thought to make two Smartphone Makers to make two Smartphone Makers to beat their default search engine. The advertising around the search meant its latest results, alphabet reported a profit of 23. 6 Billion in the three months until the end of june. The us government says it is harming competitors and fully remedying these harms requires not only ending its control of Distribution Today, but also ensuring google cannot control the distribution of tomorrow. Google said in a Blog Post the melodies were radical and would have. To go through this now i am joined by the managing director. The key question i have is can or should google be broken up . You no back to should google be broken up
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
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