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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 ...

where in a few hours�* time for emergency talks on how to deal with the country's debt ceiling. some reports say the treasury secretary janet yellen has been personally calling chief executives to warn them of the dire consequences a default could have on the us and the global economy. so how did washington end up here? michelle fleury, north america business correspondent. it feels oddly familiar, these last—minute talks to try and avert a crisis. last-minute talks to try and avert a crisis. , , , , ., ~ , crisis. yes. this is high-stakes olitical crisis. yes. this is high-stake...

Is down over 15 in after hours trading. Erin delmore explains why. Meta Ceo Mark Zuckerberg piqued investors interest when he predicted 2023 would be the year of efficiency, and he won them over when he delivered on it. The stock nearly tripled last year. This year, meta shares are up another a0 . But on wednesday, meta released its First Quarter Earnings Report and shares initially slumped during after hours trading. Facebook� s Parent Company did Beat Expectations on revenue and earnings, but it disappointed on its Revenue Forecast for the Second Quarter of the year. Higher expenses also w...

hello. in the uk, we have new pictures of the search for the terror suspect who escaped from prison. but still no sighting of the suspect. this is the van being searched. we will explain all and just a moment. also, world leaders will start heading to india for the 620 summit this weekend. we'll see what they'll be talking about and how india will present itself on the world stage. in china, exports are down again. we'll look at what that means for the rest of the world. we can to start the in the uk, the latest on the terraces past mac terror suspect, latest on the terraces past mac...

hello, i'm sally bundock with the top business stories, and we begin with the upcoming face to face meeting between us presidentjoe biden and china's president xi jinping. the two leaders are meeting on wednesday on the side lines of the asia—pacific economic cooperation summit in san francisco and the world will be watching to see if they can soothe their fraught economic and diplomatic relationship. in their first face—to—face talks in more than a year, they are expected to discuss the ongoing trade row between the two countries, as well as washington's measures to restrict b...