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Transcripts For BBCNEWS Sportsday 20241009

Spanish footballing legend andres iniesta has announced his retirement from football. The a0 year old revealed his decision at an emotional press conference on tuesday. Iniesta is widely regarded as one of the greatest players in history, scoring the winning goal in the 2010 world cup final as well as being part of the spanish side that won the european championship in 2008 and 2012. He also won 29 trophies at barcelona in a 22 year career before spending time injapan and the uae. Translation: i hope you ll allow me to get motional. I never thought this day would arrive. Truly, i never imagined it. But all these tears we ve shed during the past days it are tears of sadness but are tears of emotion and pride. Well earlier i spoke to spanish football journalist ernest macia who explained why iniesta mightjust be the country s greatest footballer of all time. The fact that with his tiny body he has been able to control the entire midfield of fc barcelona, they made a perfect partner ....

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Transcripts For BBCNEWS Business Today 20241009

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 these futures around 7 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. system. 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, these bad property investments for a very long time but the banks need to have a better capital base 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 with a 1% return on assets. You need to get the ....

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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 ....

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Transcripts For BBCNEWS Sportsday 20241009

The ao year old revealed his decision at an emotional press conference on tuesday. Iniesta is widely regarded as one of the greatest players in history, scoring the winning goal in the 2010 world cup final, as well as being part of the spanish side that won the european championship in 2008 and 2012. He also won 29 trophies at barcelona in a 22 year career, before spending time injapan and the uae. Translation: i hope you ll allow me to get emotional. | i never thought this day would arrive. Truly, i never imagined it. But all these tears we ve shed during the past days aren t tears of sadness but are tears of emotion and pride. Well, earlier i spoke to spanish football journalist ernest macia, who explained why iniesta mightjust be the country s greatest footballer of all time. The fact that with his tiny body he has been able to control the entire midfield of fc barcelona, they made a perfect partner and there s not been a better midfield of course in fc barcelona s history and they ....

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Transcripts For BBCNEWS Sportsday 20241009

Translation: i hope you ll allow me to get emotional. | i never thought this day would arrive. Truly, i never imagined it. But all these tears we ve shed during the past days aren t tears of sadness but are tears of emotion and pride. Well, earlier, ispoke to spanish football journalist ernest macia who explained why iniesta mightjust be the country s greatest footballer of all time. The fact that with his tiny body he has been able to control the entire midfield of fc barcelona, they made a perfect partner and there s not been a better midfield of course in fc barcelona s history and they made the perfect cover for when lionel messi. His approach to football is extremely wise, his technicality, it s exceptional and notjust as a passer but also offensively. He s been seen more like a player who distributes and controls that midfield but hejust had more attacking projection. Probably this is what makes a big difference. And where do you think he ranks in terms of spanish football grea ....

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