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Transcripts For BBCNEWS World 20240704

Always a pleasure to see you. This is a company that almost collapsed two years ago. Why is it filing for bankruptcy in the United States . I think it is a legal move. The Debt Restructuring Talks were already going on with hong kong, cayman islands, word has holding companies. The advantage for evergrande to file for bankruptcy in america is a gives it some protection against us creditors for the duration of that Court Process. I5 creditors for the duration of that Court Process Court Process. Is there a lot of exoosure Court Process. Is there a lot of exoosure for Court Process. Is there a lot of exposure for foreign Court Process. Is there a lot of. Exposure for Foreign Companies Court Process. Is there a lot of exposure for Foreign Companies here . I think there is a certain amount of exposure. There are enormous amounts of debts, large amounts of the offshore bonds have lost their value and i believe many of the less risk taking investors already sold their offshore bonds a couple

Transcripts For BBCNEWS The 20240703

Urgently to the white house. He is having a meeting there. We think round about now with his National Security team. And we know they are in close coordination and contact with the israelis. Mr biden cut short his weekend away, he was meant to spend a weekend at his Beach Residence in delaware. But he came back to washington for these urgent meetings. Now, us forces in the region are also on alert. The Military Presence there has been bolstered significantly since october 7th last year and we know that there are Fighter Planes there, us Fighter Planes and naval assets in the region and our partner here in the region and our partner here in the region and our partner here in the us, cbs news, are reporting saying those forces are ready to assist the israelis if they need it to shoot down any missiles for example that might threaten their territory. But i think this is a sensitive time, especially bearing in mind the recent disagreements between the us and israel over the war in gaza. Mr

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