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BBCNEWS Business Today October 9, 2024

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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BBCNEWS BBC News October 9, 2024

Weather closes in. Meanwhile, there have been further airstrikes on hezbollah targets in the lebanese capital, beirut. Whilst the iranian backed group fired more than 100 rockets into israel on monday. Most were intercepted. Lets hear some of Mr Netanyahus televised speech. Translation we are not to tiered. We have stood strongly together to defend and protect our homeland. Whatever strength was needed we defined what the objectives of this war was, we want to eradicate the hamas and bring our hostages home whether alive or not. We must thwart any future threat on the state of israel and bring the residents of the North And South into safe to their homes. As weve been hearing, israel is continuing to exchange fire with hezbollah and hamas, and more Air Strikes have been carried out On Gaza and beirut. With this report from israels northern border, heres our middle East Correspondent Lucy williamson. The gaps in israels defences are still being tested. A rocket fired from lebanon landed ....

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BBCNEWS Business Today October 9, 2024

Live from london, this is business today. We start with uber, the us Tech Firm that has become a global transport giant. Around The World some 6 Million people work as drivers and couriers through the uber app, and their services are used by 150 Million people at least once a month. Well, the boss of uber, dara khosrowshahi, has been talking to our business editor simonjack, about their plans to make the firm greener and get more of their drivers using Electric Cars. But hes worried that trade tensions with china are getting in the way. The us and europe are hitting chinese Electric Cars with hefty Import Taxes or tariffs to protect their own auto makers, making them more expensive. I think cheap chinese vehicles are a good thing for the environment. And i would tell you that china is transitioning from notjust being cheap but also being high quality and for us, we want to electrify our fleet and make sure it is affordable for our drivers to switch over to evs. The political considerat ....

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BBCNEWS BBC News October 9, 2024

Of british Toddler Madeleine Mccann has been acquitted of unrelated Sexual Abuse charges by a court in the german city of brunswick. Christian brueckner has been formally identified as a suspect in the case of maddie mccann, who disappeared from her bedroom in 2007 during a Family Holiday in portugal. He denies any involvement. Lets speak to our correspondent Damien Mcguiness in berlin. What happened in court . Judges have announced what happened in court . Judges have announced they what happened in court . Judges have announced they have have announced they have acquitted Christian Brueckner of these current charges. He had been accused of five separate cases of Rape And Child abuse. Judges said this morning that there is not enough evidence to say he is guilty of these charges. A lot of the evidence that was presented in court was testimonies from people who have said they had heard things from Christian Brueckner And videos that witnesses said they had seen, but havent been present ....

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BBCNEWS BBC News October 9, 2024

Countrys year long Military Campaign as A Sacred Mission which will continue so long as its existence is threatened. Benjamin netanyahu said the operations in gaza, lebanon and elsewhere in the region must not be stopped as he put it prematurely. His remarks came in a televised address at The End of commemorations marking the first anniversary of the deadly attacks by hamas. Israel says Suhail Hussein husseini the target of its Beirut Air Strike oversaw logistics for hezbollah which is designated a Terrorist Group by countries including the us and the uk. Hezbollah hasnt confirmed hes been killed. In a televised statement its Deputy Leader claimed hezbollah s capabilities were intact and that Israel Israel was, in his words, deluded to think otherwise. Here are the live pictures. This is the capital, beirut. We know from israels military that its Ground Troops had started operations in south west lebanon, that is a change, they tend to focus on the South East of the border but now the ....

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