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Mar 29, 2024
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in new york, erin delmore, bbc news. a spokesperson for mr bankman—fried told the bbc that he will be appealing the verdict. mr bankman—fried's parents said in a statement that they were "heartbroken" and will continue to fight for their son. justin d'anethan is a crypto expert from keyrock. he says the sentencing is welcome news for the industry. i think for the crypto community as whole, it feels like an appropriate sentence. i think many people would have rather have the prosecutors request of a0 years, just because of the number of projects, companies, and just retail investors that were impacted by his actions, but it is at least a lot better than what sbf�*s lawyer was asking, which was 6.5 years, which would have been ridiculous considering the seriousness of his crime. yes, and speaking of the retail investors, those that put a lot of money and faith into ftx and into bankman—fried himself, are they going to be getting their money back? there's something very important to understand. right now the claims
in new york, erin delmore, bbc news. a spokesperson for mr bankman—fried told the bbc that he will be appealing the verdict. mr bankman—fried's parents said in a statement that they were "heartbroken" and will continue to fight for their son. justin d'anethan is a crypto expert from keyrock. he says the sentencing is welcome news for the industry. i think for the crypto community as whole, it feels like an appropriate sentence. i think many people would have rather have the...
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Mar 29, 2024
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the bbc�*s erin delmore has the latest from new york. a stunning fall for sam bankman—fried, a crypto exchange founder and mogul in the industry who graced the cover of forbes magazine and appeared on stage with tony blair and bill clinton. american football player, tom brady, and supermodel gisele bundchen starred in his company's ads. he spoke in front of congress as a leader in the burgeoning crypto industry. he founded the cryptocurrency exchange fdx, where customers traded their dollars and pounds for cryptocurrencies like bitcoin. when the exchange collapsed in november 2022, he assured customers their money was safe. but it turns out the entire business was built on lies. conspiracy charges was filed after five hours of consideration. now afterfive hours of consideration. nowjudge lewis kaplan has sentenced him to 25 years in prison saying sam bankman—fried you his actions were wrong and criminal and that he made a bad bet that he would not get caught. judge lewis kaplan said the losses to ftx customers, investors and lenders
the bbc�*s erin delmore has the latest from new york. a stunning fall for sam bankman—fried, a crypto exchange founder and mogul in the industry who graced the cover of forbes magazine and appeared on stage with tony blair and bill clinton. american football player, tom brady, and supermodel gisele bundchen starred in his company's ads. he spoke in front of congress as a leader in the burgeoning crypto industry. he founded the cryptocurrency exchange fdx, where customers traded their...
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Mar 29, 2024
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flintoff fans as he's making his return to tv after his top gear accident with a second series of a bbc cricket documentary called field of dreams. time now to leave you with 10 seconds of a swan rescued from a supermarket roof in an ikea bag. the best thing about this is the swan was called steve. the team used a 13 metre ladder to rescue him and bring him back to safety. you're all caught up now. see you later. hello, i'm mark edwards, welcome to sports day. here's what's coming up on the show. newcastle's sandro tonali charged by the english fa for alleged betting rules breaches after joining the club. we hearfrom manager nuno espirito santo is nottingham forest appeal, their premier league points deduction. and survives the second set meltdown to reach her second straight miami final.
flintoff fans as he's making his return to tv after his top gear accident with a second series of a bbc cricket documentary called field of dreams. time now to leave you with 10 seconds of a swan rescued from a supermarket roof in an ikea bag. the best thing about this is the swan was called steve. the team used a 13 metre ladder to rescue him and bring him back to safety. you're all caught up now. see you later. hello, i'm mark edwards, welcome to sports day. here's what's coming up on the...
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Mar 28, 2024
03/24
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the bbc�*s erin delmore has more from new york. janet yellen spoke in georgia on wednesday but she aimed her words at china. the us treasury secretary warned china against flooding the market with cheap clean energy exports. things like electric vehicles and lithium ion batteries. she said that we have seen this story before and likened this moment to the way china overproduced metals such as steel and aluminium years ago. the department says it is not only a question of price ability, they say it also hurts american companies and workers. the us is working on pumping up its own clean energy sector, offering tax breaks and subsidies to developers. meanwhile, the us is taking steps to blunt the power of china's chipmaking industry which it fears can be used to make advanced ai chips that strengthen china's military. it urges ally countries to keep from servicing some important chipmaking tools for china, much like rules already in place in the united states. the chinese president said that such policies will only lead to division an
the bbc�*s erin delmore has more from new york. janet yellen spoke in georgia on wednesday but she aimed her words at china. the us treasury secretary warned china against flooding the market with cheap clean energy exports. things like electric vehicles and lithium ion batteries. she said that we have seen this story before and likened this moment to the way china overproduced metals such as steel and aluminium years ago. the department says it is not only a question of price ability, they...
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Mar 27, 2024
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the bbc�*s michelle fleury has more from new york. donald trump just became a lot wealthier, at least on paper. shares in the parent company of truth social closed just under $58, up 16% on its first day of trading as a public company. at one stage, it was up more than 50%. because mr trump is the majority owner, his stake in the company is worth around $4.5 billion, which makes the former president one of the richest 500 people in the world according to bloomberg. with his newfound wealth, mr trump could sell some of his stock to help pay for is mounting legal bills as he faces both civil and criminal proceedings. but he will have to wait. he is barred from selling his shares for six months. it's not clear where the stock will be trading when that agreement expires. truth social, founded after the former president was kicked off major social media platforms following the january 6 capitol riot has said it expects to continue losing money for a while. many of the shareholders are small—time investors trying to show their support for
the bbc�*s michelle fleury has more from new york. donald trump just became a lot wealthier, at least on paper. shares in the parent company of truth social closed just under $58, up 16% on its first day of trading as a public company. at one stage, it was up more than 50%. because mr trump is the majority owner, his stake in the company is worth around $4.5 billion, which makes the former president one of the richest 500 people in the world according to bloomberg. with his newfound wealth,...
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Mar 27, 2024
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marc ashdown, bbc news. recapping out of story, the port of baltimore, one of the busiest along the us east coast remains close for the indefinite future. this is after a container ship crashed into a major bridge in the city and use of images of it on the screen behind. authorities have said they are spending such operations and six missing people are now presumed dead. we'll keep a close eye on the story in the hours ahead and get something you can find out more details of the bbc .com website and the mobile app. meantime, goodbye for now. iam i am julia with the catch up. tonight, pies and climate change. ligo lineups and an ostrich on the loose. a major bridge in the us city of baltimore has completely collapsed after a container ship crashed into it. one person is in hospital and six people are still missing. they declared a state of emergency. brendan scott is the matter and had this message for the city. this is an unthinkable tragedy. we have to first and foremost prey for all of those who are impact
marc ashdown, bbc news. recapping out of story, the port of baltimore, one of the busiest along the us east coast remains close for the indefinite future. this is after a container ship crashed into a major bridge in the city and use of images of it on the screen behind. authorities have said they are spending such operations and six missing people are now presumed dead. we'll keep a close eye on the story in the hours ahead and get something you can find out more details of the bbc .com...
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Mar 26, 2024
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theo leggett, bbc news. plenty more on this story including the news analysis on the bbc news website. now to the annual boao forum for asia. it kicks off today in hainan in southern china. technology, trade and innovation are high on the agenda and the list of attendees include various high—profile business leaders. let's get more from our asia business reporter, sura njana tewari. tell us more about this forum and tell us why it is more important. it and tell us why it is more important-— and tell us why it is more imortant. , ., ., , , important. it is an opportunity for foreign _ important. it is an opportunity for foreign investors _ important. it is an opportunity for foreign investors to - important. it is an opportunity for foreign investors to come l for foreign investors to come to china and see where they might want to put their money. it is also a chance for chinese businesses to see where they may want to expand their businesses. now, china, of course, is facing a severe slowdown. there is t
theo leggett, bbc news. plenty more on this story including the news analysis on the bbc news website. now to the annual boao forum for asia. it kicks off today in hainan in southern china. technology, trade and innovation are high on the agenda and the list of attendees include various high—profile business leaders. let's get more from our asia business reporter, sura njana tewari. tell us more about this forum and tell us why it is more important. it and tell us why it is more important-—...
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Mar 26, 2024
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theo leggett, bbc news. plenty more on this story including the news and allow —— analysis on the bbc news website. now to the annual boao forum for asia. it kicks off today in hainan in southern china. technology, trade and innovation are high on the agenda and the list of attendees include various high—profile business leaders. let's get more from our asia business reporter, sura njana tewari. tell us more about this form and why it is so important this year. steve, the boao forum is sometimes dubbed as asia's davos. it's an effort for chinese leaders to try and court things like foreign investment and even chinese businesses to try and expand. boy does it needed at the moment. it's obviously got that property crisis, youth unemployment is very high as well, so politicians want foreign investors to go to china, pour in money and they also want to local businesses to expand. china also has a very ambitious growth target, 5%. high on the agenda is investing in asia and then in the last hour they have s
theo leggett, bbc news. plenty more on this story including the news and allow —— analysis on the bbc news website. now to the annual boao forum for asia. it kicks off today in hainan in southern china. technology, trade and innovation are high on the agenda and the list of attendees include various high—profile business leaders. let's get more from our asia business reporter, sura njana tewari. tell us more about this form and why it is so important this year. steve, the boao forum is...
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Mar 26, 2024
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you can find more on this story including the latest news and analysis on the bbc news website. now to the annual boao forum. trade and innovation are high on the agenda and various high—profile business leaders are included. our brute business leaderjoins us now. talk us through it. the business leaderjoins us now. talk us through it.— talk us through it. the boao forum is _ talk us through it. the boao forum is sometimes - talk us through it. the boao i forum is sometimes dubbed talk us through it. the boao i forum is sometimes dubbed as asia's davos. and effort for chinese leaders to try and court things like foreign investment and even chinese businesses to try and expand and this year it is more important than ever because china is facing a big slowdown. it obviously has that property crisis, youth unemployment is very high as well so politicians want foreign investors to go to china, poor investors to go to china, poor in money and they also want to local businesses to expand. on the agenda — artificial intelligence is very high, investing in asia is very high and de
you can find more on this story including the latest news and analysis on the bbc news website. now to the annual boao forum. trade and innovation are high on the agenda and various high—profile business leaders are included. our brute business leaderjoins us now. talk us through it. the business leaderjoins us now. talk us through it.— talk us through it. the boao forum is _ talk us through it. the boao forum is sometimes - talk us through it. the boao i forum is sometimes dubbed talk us...
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Mar 26, 2024
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he spoke to bbc�*s ben king. worse. he spoke to bbc's ben kinu. ~ ., worse. he spoke to bbc's ben kin. ~ ., , king. we need to tackle first the underage _ king. we need to tackle first the underage vape _ king. we need to tackle first the underage vape use. - king. we need to tackle first the underage vape use. wel king. we need to tackle first - the underage vape use. we need to have retail licence as we do for alcohol in the country. we also need to have a very thorough age verification, that retailers can adopt. more important, all these regulations we need proper enforcement for the is a government gone far enough? i don't think it is. based on what i saw it's important to set the right enforcement. when they come with a proposal to do £100 pot fine it is not enough. if you compare that with france for example, they are introducing a fine of 100,000 euros in case getting caught selling one of these products. this is a properfine selling one of these products. this is a proper fine and penalty. this is a proper fine and penalty-— this is a proper fine a
he spoke to bbc�*s ben king. worse. he spoke to bbc's ben kinu. ~ ., worse. he spoke to bbc's ben kin. ~ ., , king. we need to tackle first the underage _ king. we need to tackle first the underage vape _ king. we need to tackle first the underage vape use. - king. we need to tackle first the underage vape use. wel king. we need to tackle first - the underage vape use. we need to have retail licence as we do for alcohol in the country. we also need to have a very thorough age verification,...
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Mar 25, 2024
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stephen sakur from the bbc�*s hardtalk programme caught up with the president of exxonmobil guyana. remember when we signed the agreements here, there was still a lot of risk very early in the exploration of this basin and, indeed, you know, risks are notjust geological risks when you operate in a new developing country or in different parts of the world, so all of that needs to be taken into account. sure, but you only paid — correct me if i'm wrong — 2% royalties in this country. the norm in many other countries is 10%. the cost—sharing agreement with guyana means you can claim literally billions and billions of dollars of costs before you even get to the profit—sharing. that kind of deal, according to global witness — an anti—corruption organisation — is robbing guyana of tens of billions of dollars. oh, no, it's not robbing the country. what it's doing is delivering the investment that the country is looking for in a frontier development location, where there remains high risk, it's competing for capital globally. we take all of the expiration risk up front, we inv
stephen sakur from the bbc�*s hardtalk programme caught up with the president of exxonmobil guyana. remember when we signed the agreements here, there was still a lot of risk very early in the exploration of this basin and, indeed, you know, risks are notjust geological risks when you operate in a new developing country or in different parts of the world, so all of that needs to be taken into account. sure, but you only paid — correct me if i'm wrong — 2% royalties in this country. the...
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Mar 25, 2024
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stephen sakur from the bbc�*s hardtalk programme caught up with the president of exxonmobil in guyana. remember when we signed the agreements here there was still agreements here there was still a lot of risk very early in the exploration of the spacing and indeed, risks are notjust geological risks when you operate in a new developing country or different parts of the world. so all of that needs to be taken into account. but ou to be taken into account. but you only _ to be taken into account. but you only paid. _ to be taken into account. but you only paid, correct me from wrong, 2% royalties in this country. the norm and other countries will will is 10%. the cost sharing agreement with guyana means you can claim literally billions and billions of dollars of costs before you even get to the profit sharing. that kind of deal according to global witness and anti—corruption organisation is robbing guyana of tens of billions of dollars. i5 robbing guyana of tens of billions of dollars.- billions of dollars. is not robbing _ billions of dollars. is not robbing the _ billions of dollars
stephen sakur from the bbc�*s hardtalk programme caught up with the president of exxonmobil in guyana. remember when we signed the agreements here there was still agreements here there was still a lot of risk very early in the exploration of the spacing and indeed, risks are notjust geological risks when you operate in a new developing country or different parts of the world. so all of that needs to be taken into account. but ou to be taken into account. but you only _ to be taken into...
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Mar 22, 2024
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michelle fleury, bbc news, new york. some say that the department ofjustice will find it difficult to make it hard to find a case. the d0] is treading over the same guest that they did in the past. there's nothing new in this lawsuit. can the doj prove it? it's hard to prove when apple doesn't own more than 55% to 65% of the market. one would argue that it is much closer to 50%. how are they in an anti—trust position when there are so many more android smartphones than in the past. what i think that we're really seeing is that the department ofjustice is saying — we've been hard on international companies. we've had the recent legislation against tiktok and that sale request and now we're going to show that we can also be hard on all of the us companies that we also think have unfair advantages, as they consider them. that's interesting because the us government has been going after huawei, apple's rival in the smartphone market. but my question is, how would you enniate monopolising as opposed to being a successful
michelle fleury, bbc news, new york. some say that the department ofjustice will find it difficult to make it hard to find a case. the d0] is treading over the same guest that they did in the past. there's nothing new in this lawsuit. can the doj prove it? it's hard to prove when apple doesn't own more than 55% to 65% of the market. one would argue that it is much closer to 50%. how are they in an anti—trust position when there are so many more android smartphones than in the past. what i...
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Mar 22, 2024
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the bbc�*s michelle fleury has more from new york. more than a billion of us around the world own an iphone. for many people, it's almost unthinkable that they would use any other sort. for me, apple works a little bit better than android. i have had an android before. it didn't do too well with me. it's just what my parents always got me and it'sjust like, easy to stick with it. but i've never really| looked into anything else, which is the main reason why i've never switched. - i think having an iphone is i practical because like i have, like the rest of my- family also has iphones. and so it's they're i just very compatible. all of which makes it one of the most successful companies. last year, sales ofjust the iphone made it more than £150 billion in revenues. and that much profit, as well as so many customers, tends to attract the attention of government officials. and now the us department ofjustice, along with 16 different states, has filed a lawsuit against apple. has maintained monopoly power in the smartphone market not sim
the bbc�*s michelle fleury has more from new york. more than a billion of us around the world own an iphone. for many people, it's almost unthinkable that they would use any other sort. for me, apple works a little bit better than android. i have had an android before. it didn't do too well with me. it's just what my parents always got me and it'sjust like, easy to stick with it. but i've never really| looked into anything else, which is the main reason why i've never switched. - i think...
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Mar 21, 2024
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the bbc�*s erin delmore has more from new york. to hear chairmanjerome powell tell it, the federal reserve is looking for its goldilocks path forward, making sure the bank doesn't reduce interest rates too much too soon or too little, too late. officials decided wednesday to keep the benchmark interest rate at between 5.25% and 5.5%. it remains unchanged sincejuly. and while the suspense lies around when the fed will cut interest rates, powell didn't give any hints. he did say that the fed wants to see inflation falling sustainably toward the 2% goal before going ahead with any rate cuts. he made the case for a cautious path forward. inflation has eased substantially, while the labour market has remained strong. and that is very good news. but inflation is still too high. ongoing progress in bringing it down is not assured, and the path forward is uncertain. chairman powell said that if all goes as expected this year, rate cuts will be appropriate, and the fed will continue to make decisions meeting by meeting. what does this decis
the bbc�*s erin delmore has more from new york. to hear chairmanjerome powell tell it, the federal reserve is looking for its goldilocks path forward, making sure the bank doesn't reduce interest rates too much too soon or too little, too late. officials decided wednesday to keep the benchmark interest rate at between 5.25% and 5.5%. it remains unchanged sincejuly. and while the suspense lies around when the fed will cut interest rates, powell didn't give any hints. he did say that the fed...
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Mar 21, 2024
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the bbc�*s erin delmore has more from new york. to hear chairman jerome to hear chairmanjerome powell tell at the federal reserve is looking for its goldilocks path forward making sure the bank doesn't reduce interest rate too much too soon or too little too much too soon or too little too late. officials decided wednesday to keep the benchmark interest rate at between five and a quarter and five and a half percent it remains unchanged sincejuly. and while the suspense lies around when the suspense lies around when the fed will cut interest rates powell didn't give any hints. he did say the following sustainably 2% goal before going ahead with any rate cuts. he made the case for a cautious path forward. he made the case for a cautious path forward-— path forward. inflation has eased substantially - path forward. inflation has eased substantially while i path forward. inflation has i eased substantially while the labour market has remained strong. that is very good news. but inflation is still too high, all grown progress in bring
the bbc�*s erin delmore has more from new york. to hear chairman jerome to hear chairmanjerome powell tell at the federal reserve is looking for its goldilocks path forward making sure the bank doesn't reduce interest rate too much too soon or too little too much too soon or too little too late. officials decided wednesday to keep the benchmark interest rate at between five and a quarter and five and a half percent it remains unchanged sincejuly. and while the suspense lies around when the...