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Transcripts For BBCNEWS Newsday 20241009

Hurricane milton has re strengthened to a category five storm as it barrels straight towards florida. People there are evacuating en masse, ahead of its projected landfall on wednesday night local time. The national hurricane center says the storm has doubled in size since tuesday. You can see this timelapse, here shared by american astronaut matthew dominick, showing how this storm looks from space. Local authorities and weather experts say milton will bring a destructive storm surge, in which some areas will not be survivable. Hundreds of flights have been canceled ahead of its landfall, which is expected to bring strong winds of up to 165 mph or 270 kph. Milton comes just days after hurricane helene tore through the south eastern us; 225 people were killed by the natural disaster across six states. The back to back storms are expected to leave historic levels of damage that could take years to recover from. Unlike helene, milton will only pass through florida on its way to the atlan

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

Transcripts For BBCNEWS BBC News 20240927

To arguments in lebanon with 75 targets hit overnight. These are the latest pictures we are getting in from lebanon. The latest strikes happened close to the Border with syria, and supposedly hit rockets and buildings. Overthe supposedly hit rockets and buildings. Over the last few days, the lebanese Health Industry says it is 13 people were killed in those later strikes, with more than 550 people killed since the strike started. Benjamin netanyahu has. There has been speech saying there will be no ceasefire. Our Middle East correspondent, Hugo Bachega updated us on the latest developments from beirut. Despite all these growing calls for a ceasefire along the lebanon israel Border, we havent seen indications from Israel And Hezbollah that they are interested in de escalation. The israeli military says its airstrikes targeting hezbollah positions continue this morning. The lebanese authorities are saying that at least four people have been confirmed dead as a result of the attacks happe

Transcripts For BBCNEWS Business Today 20240927

Thank you forjoining us. Why are they doing this . Thank you so much. First of all, all of the things about models was a big promise about the impact and scalability and universal approach. You can use purpose ai for different applications. Now, it is time to show the economic return. They need more control of their assets and Infrastructure And Data capacity in order to deal with the next round. It is 6. 5 billion. It is 150 Billion valuation. It is not easy to understand that technologies commoditised. The price of chatgpt is 3. 5. Now, it is 2 of the price it was in 2022 when this model was leading. There is much more competition including Language Models and smaller Language Models, and local solutions and companies. Does it raise questions about the ethical approach of 0penai . They always said that they wanted to avoid the mistakes that were made with the social media revolution. It is. Does becoming a for Profit Company jeopardise that . You becoming a forProfit Company jeopardi

Transcripts For BBCNEWS Verified Live 20240927

There . What is being heard and said at the un is being there . What is being heard and said at the un is being very said at the un is being very different to what is being heard and seen in the Middle East right now. When we woke up this morning, there was talk of the Ceasefire Proposal that was being put forward yesterday, but as the day has gone on, we have heard that a strong response from Benjamin Netanyahu who said he hadnt even responded to the proposal yet but they would continue to fight full force. We have seen that on the ground here. We have seen more continuing israeli Air Strikes and in the south of lebanon. Also here in beirut. Another one of these pleasant strikes here in the Southern Suburbs of beirut, only a couple of kilometres away from where i am talking to you right now. I went down there in the aftermath of that to see what was happening. Its less than an hour since this Air Strike was reported in the Southern Suburbs of beirut. I want to show you, you can see th

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