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live from our studio in singapore. this is bbc news. it's newsday. hello and welcome to the programme. we begin in the us — where one of the most highly anticipated defamation trials began — and ended just as quickly. with the jury already selected — media giant fox news settled with dominion voting systems, for $787 million. the issue at heart of the case was whether fox news was liable for airing the false claims that dominion�*s ballot—counting machines were used to manipulate the 2020 election in favor ofjoe biden over then—president donald trump. one of dominion�*s...

"the beat" with ari melber starts right now. it is friday. >> i appreciate you sharing that story and i wish you a great weekend. >> thank you. >> and it is friday and one of the fridays with a lot of news. there is even more fallout from the scandal engulfing fox news and rupert murdoch. my colleague chris hayes is here with us his fellow author, one place and one show and stick with us, you'll hear from them by the end of the hour. we begin with the political heat emanating from the cpac gathering in the beltway and it upd scores a dilemma for republicans in realtime. after the mid...

to ask after the weekend rescue of credit suisse by ubs. in the last half hour or so the us treasury secretary janet yellen has continued to offer reassurances that the banking system is stable in a speech to bankers in washington. she's been saying that the us government is prepared to help more banks if that's what is needed. the government's recent actions have demonstrated our commitment to take the necessary steps to ensure that savings and the banking system remain safe. our intervention was necessary to protect the board a us banking system and similar actions could be warrant...

katty kay said earlier, has 2% inflation -- over 10% inflation, an energy crisis, the possibility of blackouts, 1970-style blackouts coming this winter, and strikes looming on the horizon. things are dark, indeed, for whomever replaces liz truss. >> she was sort of the ultimate simplistic free marketeer. she felt whatever the circumstances, the tax cuts the solution. of course that's what the markets reacted to. so in a way the ultimate free marketeer was defeated by the free markets. you can't afford this, the timing is offer. the british political system and british people won't ac...

we begin in china where hospitals are reported to be filling up with covid patients. infections have surged following the relaxation of the country's strict lockdown rules and as we head in to a new year many are asking what could the surge in infections mean for the economy and the rest of the world? the latest data shows factory activity shrinking for a third month in a row in december. this comes as countries around the world announce covid screening for travellers coming from china as it prepares to reopen its borders on january the 8th. to talk us through what's at stake i'm joi...