Now its time for World Business report. The us market rally shows no signs of losing steam. But what does the high valuation tell us about wall street and americas economy . The Magic Kingdom sets out on its own. Disneys announcing it will pull its movies from netflix and set up its own streaming services. Welcome to World Business report. Im sally bundock. Also in our Business Of Birth series we focus on Stem Cell Banking in india. It is proving to be quite lucrative. This week the main Stock Markets in the us have had another record run and londons ftse 100 flirted with breaking into record territory. Its a far cry from ten years ago when the global Credit Crunch started. On the 9th Of August 2007 there was a swift reduction in availability of loans as banks suddenly found they had billions of dollars in toxic debts clients couldnt afford to repay. The ensuing financial crisis cost the british economy up to 7. 4 trillion pounds in lost output thats close to 10 trillion the us economy
Its been ten years to the day since the start of the Global Financial crisis. Thats when banks started to realise they had bet that couldnt afford to be paid back. Ill be finding out what lessons have been learned and whether it could happen again. Anger at the athletics World Championships, after one of the favourites to win the 400 metres is told he cant compete following an outbreak of norovirus. Yes, the fallout from the virus really overshadowed the 400 metres final last night. The runner didnt feature and in his absence Wayde Van Niekerk cruised to victory to retain his title. Like a Rhinestone Cowboy. Country star Glen Campbell has died at the age of 81. And carol has the weather. Good morning. We have a wet start in england and wales and through the day the showers pushing in the direction of the south east. Heavy and thundery. Some issues with fluttering flooding. In the sunshine it will feel pleasant. More Inis Sunshine it will feel pleasant. More in 15 minutes. Thank you. Fi
As the government attempts to boost the number of home grown doctors in the nhs. Ten yea rs ten years since the Global Economic system ten years since the Global Economic syste m we nt ten years since the Global Economic system went into meltdown. We will have a look at the repercussions. Police in scotland have warned tourists not to visit the isle of skye without a reservation, after an influx of visitors left its services at Breaking Point. Athletics chiefs have been criticised for denying a medal favourite entry to the london stadium amid concerns over an outbreak of norovirus. Good morning. Its wednesday 9th august. Welcome to bbc Newsroom Live. North korea has said it is considering carrying out Missile Strikes on the us Pacific Territory Of Guam. The report in state media, quoting an earlier military statement, came hours after President Donald Trump threatened north korea with Fire And Fury. Guam is a small island in the Pacific Ocean where us strategic bombers are based. North