Every once in a while a company grows so big and messy that governments fear what would happen to the broader economy if it were to fail. In China, Evergrande, a sprawling real estate developer, is that company.
Evergrande has the distinction of being the world’s most debt-saddled property developer and has been on life support for months. A steady drumbeat ... Show More
Yesterday
Chosen by War: The Rise of Iran’s New Supreme Leader
At the heart of the Iranian regime’s defiant stance toward the United States and Israel in the war is Mojtaba Khamenei, the new supreme leader and a son of Ayatollah Ali Khamenei, the regime’s longtime ruler. Farnaz Fassihi, who covers Iran for The New York Times, discusses the e ... Show More
33m 54s
Mar 16
A War Within the War: Israel’s Bombardment of Lebanon
With the world’s attention on the U.S.-Israeli war with Iran, a second front in the conflict has opened in Lebanon. Israel has pummeled an area in the southern outskirts of Beirut where Hezbollah holds sway, as well as southern Lebanon, with airstrikes, displacing almost one mill ... Show More
25m 58s
Oct 2023
How did 6 million people in China buy homes that don’t exist?
China is in the middle of a housing market crisis. Two of its top property developers, Evergrande and Country Garden, are struggling to pay back debt or fulfil their promises to build properties they have already sold to millions of people.Fan Wang, a BBC reporter in Singapore, t ... Show More
13m 43s
Oct 2023
Is China a bargain right now?
<p>The CSI 300, which tracks the largest publicly traded companies in China, just fell to pre-pandemic lows, despite aggressive attempts by President Xi Jinping to prop up the market. The drags on equities include slowing growth, a crisis in the property market and notable geopol ... Show More
18 m