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Transcripts For BBCNEWS Business Today 20241010

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

Transcripts For BBCNEWS The Context 20241010

SayIng that It should be restarted. He also dIscussed the ImperatIve of gettIng people back to the north of gaza. We told you In the last hour theres a huge operatIon on the Ja Palyer Refugee camp. They agreed to remaIn In close contact over the comIng days. Most dIrectly through theIr natIonal SecurIty Teams. That was InterestIng because were waItIng for that response to the IranIan ballIstIc mIssIle attack. Note mentIoned that In the readout from the WhIte House. Youre up to speed wIth that. It has been saId before, that the parlIamentary ConservatIve Party, Is the most duplIcItous electorate In the country. But even by theIr standards, No One was quIte predIctIng the kInd of outcome we got thIs afternoon, In the fInal ballot to decIde whIch of the LeadershIp CandIdates would go through to a vote of the membershIp. Three were remaInIng. In the penultImate round It was James Cleverly Out In Front and hIghly fancIed after an encouragIng few days at the party conference. But In the fIna

Transcripts For CNN Erin Burnett OutFront 20241010

Have shared as many as seven secret calls after trump left the White House. And that trump gave putin peculiar gifts. Kamala harris tonight, seizing on this new reporting and kfile how striking again on Earth Thing and interviewed Jd Vance did not want trump to see, but hell see it tonight. Lets go outfront im Erin Burnett Outfront tonight. We are following several breaking stories, including bombshell, new details about Donald Trumps secret calls. After he left office. And his peculiar gifts to vladimir putin, details on that in just a moment, i want to begin though first with what is shaping up to be the worst hurricane to hit florida in 100 years . This hour, Hurricane Milton gaining strength now back to category five, which simply is the highest rating that exists. Dire warnings from officials tonight. At some saying this is not survivable and weve got new video with the category five monster from space, right now, heading straight towards tampa for a possible direct hit anticipate

Transcripts For BBCNEWS Business Today 20241009

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

Transcripts For BBCNEWS Business Today 20241009

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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