Mentioned has been climbing, to more regionally what the impact has been. As we know from the international monetary fund, gutter has seen its gdp shrank almost 90 since the study of the conflict. In israel it is down around 20 to 25 . To talk more about israel and the economy. Jon medved is Chief Executive of the israeli Investment Firm Ourcrowd and joins us from jerusalem. Thank you for coming on the programme. As ijust mentioned, it has had a devastating impact on both the Gaza Economy and on israel. But you can talk more about the israeli perspective. What about the impact, what is it like being a Company Doing Business right there . It like being a Company Doing Business right there . Today is a very sad business right there . Today is a very sad day. Business right there . Today is a very sad day, all business right there . Today is a very sad day, all of business right there . Today is a very sad day, all of us business right there . Today is a very sad day, all of us have | a very sad day, all of us have been affected. We have friends and relatives involved in the terrible attacks a year ago. None of us expected the war would last this long and there have been impacts on our economy. For example, sectors such as Construction And Agriculture without foreign workers, many of them palestinian workers, that industry has been quite impacted. Of course, we have had some downgrades by the rating agency. What is remarkable, actually, is how resilient Israels Economy has been despite the one year war. It turns out that israels primary is high technology and the investment in Venture Capital and that is what i do. And that represents today over 20 of our gdp and 50 of our exports. This sector seems to be weathering the storm remarkably. So much so that in the first nine months of the year, investment in israel during nine months of war are actually up over 32 relative to last year. Go figure. How is it that a country that has been fought on several fronts is actually sustaining its high tech economy. Its remarkable. I hightech economy. Its remarkable. Hightech economy. Its remarkable. , remarkable. I mean, at least. Loball remarkable. I mean, at least globally peeple remarkable. I mean, at least globally people were remarkable. I mean, at least globally people were looking| remarkable. I mean, at least i globally people were looking at israels high Technology Sector at the start of this conflict and wondering what would happen. You set up a resilience fund. Tells more about that, how many funds have you dispersed so far in what was the goal . Dispersed so far in what was the coal . ,. ,. , ~ the goal . Our goal was to make it eas to the goal . Our goal was to make it easy to back the goal . Our goal was to make it easy to back israeli it easy to back israeli companies, so we set up this resilience funds with no fees associated or no interest and the response was very positive. We were one of several efforts like this. The government also made specialfunds like this. The government also made special funds available. What is remarkable that foreign investors of all kinds have responded to israel. In fact, this year israel hit an all time high of the percentage of foreign investors who are participating in Venture Capital rounds. This turns out at this point it is 93 of all funding rounds. The foreigners have still kept investing in israel and it is really due to three major sectors that are strong. Israel is hugely important in terms of Cyber Security and that continues to be very, very well performing for investors. Very strong in artificial intelligence, we are about 35 of the global Money Thatis about 35 of the global money that is now going in Venture Capital is. That is now going in Venture Capital le that is now going in Venture Caital is. ,. , capital is. Sorry to interrupt, Ust Capital is. Sorry to interrupt, just because capital is. Sorry to interrupt, just because we capital is. Sorry to interrupt, just because we are capital is. Sorry to interrupt, just because we are short i capital is. Sorry to interrupt, just because we are short on time. With the conflict widening, has your phone been ringing from concerned foreign investors worried about their investments . Investors worried about their investments . No, not at all. In fact, what investments . No, not at all. In fact, what they investments . No, not at all. In fact, what they want investments . No, not at all. In fact, what they want to investments . No, not at all. In fact, what they want to do investments . No, not at all. In fact, what they want to do is i fact, what they want to do is figure out where is the opportunity. Most people realise that israel is bringing this war to a positive decision in this favour. We were badly attacked a year ago on october seven. We were attacked needlessly by hezbollah in the north and attacked brutally by iran and we are taking the war to ourenemies and iran and we are taking the war to our enemies and we are going to our enemies and we are going to have a decisive victory. Everyone knows we have a decisive victory and an economic rebound and we are looking forward to that and thatis looking forward to that and that is what our investors are seeking. That is what our investors are seekina. , ~ , that is what our investors are seekina. ~ that is what our investors are seekina. , ~. That is what our investors are seekina. ,. , seeking. Thank you so much for oininu seeking. Thank you so much for joining us seeking. Thank you so much for joining us today. Seeking. Thank you so much for joining us today. My seeking. Thank you so much for joining us today. My pleasure. I whenever there is conflict in the Middle East the price of oil attracts more attention. And its no different this time especially after president biden said towards the end of last week that he was discussing a potential israeli strike on irans oilfacilities in retaliation to Irans Missile Attack on israel. As you can see here the price has shot up in the last few weeks as investors have grown increasingly concerned that there will be less oil available to Power Everything from cars and trucks to the factories the global economy relies on. A short time ago it was just 80 for a barrel of oil. However, that price still lower than it was a year ago as the us continues to be the Worlds Number one supplier. Im joined now by bill weatherburn, senior climate Commodities Economist at the economic Consultancy Capital economics. Thank you forjoining us. I wanted to start with the price of oil. We have seen it go up last week and continuing to climb today. Why are investors concerned about supply being affected by the conflict . Thank ou for affected by the conflict . Thank you for having affected by the conflict . Thank you for having me. Affected by the conflict . Thank you for having me. Yes, affected by the conflict . Thank you for having me. Yes, oil you for having me. Yes, Oil Prices like you said have really spiked over the past week ever since the iranian Missile Strikes on israel. The concern among investors is that the retaliation on iran could target the oil infrastructure. Iran accounts for roughly three to 4 of Oil Output and a lower Oil Supply means higher Oil Prices. But apart from the direct effect on the fundamentals, the Increase Risk Premium on Oil Price at the moment, just widespread fears that the conflict is escalating and that things could come into direct problems between Iran And Israel rather than proxies. Iran is the seventh biggest Oil Producer . It iran is the seventh biggest Oil Producer . Producer . It is a very significant producer . It is a very significant Oil Producer . It is a very l significant Oil Producer producer . It is a very significant Oil Producer and obviously under sanctions, around 3. 5 million barrels of oil a day. Three to 4 of global Oil Supply and most of that oil does flow to china because of the sanctions on irans oil industry. It will be the chinese by at most directly affected if that supply was cut off, and china would have to turn to international markets to buy the oil from elsewhere which would push up global Oil Prices. Which would push up global oil rices. , which would push up global oil rices. , , prices. That is the supply side, what prices. That is the supply side, what about prices. That is the supply side, what about the prices. That is the supply side, what about the Demand Side . I side, what about the Demand Side . ~. , side . I think that is the Bi Aer Side . I think that is the bigger Picture Side . I think that is the bigger picture over side . I think that is the bigger picture over the | side . I think that is the bigger picture over the past year despite the tensions in the Middle East and the conflict in the Middle East, Oil Prices have you could say trended downward and they are lower than they were a year ago. That is because demand for oil has been much lower than expected, particularly in china. The demand there last year boomed but this year has not lived up to expectations because the economy has not lived up to expectations and because of award winning Ev Roll outs in china. Because of awardwinning Ev Rollouts in china. Rollouts in china. Thank you so much rollouts in china. Thank you so much for rollouts in china. Thank you so much forjoining rollouts in china. Thank you so much forjoining us rollouts in china. Thank you so much forjoining us today. So what has a year of conflict meant for investors on Wall Street . Have the fears of a wider regional war been a big concern for Stock Markets or have other factors ultimately proved more important . Jimmy lee is the Founder And Ceo of the Investment Firm WealthConsulting Group and joins us from las vegas. Are always good to talk to you. What has been the impact of this escalating conflict on Wall Street . This escalating conflict on Wall Street . ,. ,. , Wall Street . Great to see you, thanks for Wall Street . Great to see you, thanks for having Wall Street . Great to see you, thanks for having me Wall Street . Great to see you, thanks for having me on. Wall street . Great to see you, thanks for having me on. I thanks for having me on. I dont think that any investor wants to see and it is just a sad thing. But when it comes to the stock market, earnings are the stock market, earnings are the most important. And here in the most important. And here in the united states earnings have been surprisingly good for companies across the board, big and small. And continue to surprise analysts and of course we know here in the united states we have avoided the recession that was called by many experts, well known experts that i respect, and the consumer has been very resilient. It has slowed down a little bit now, but as on the latestjobs report, the economy is still doing pretty well and i think earnings and all the noise that has been happening geopolitically. Since we are talking happening geopolitically. Since we are talking domestic happening geopolitically. Since we are talking domestic news, obviously the Election Front and centre for many people here. Talk to me about the report that suggests both candidates would be negative for the deficit. That they are happy to talk about plans to spend but not so much about how they would reduce americas deficit. Is that something that investors are playing close attention to . Attention to . They are not a in attention to . They are not paying enough attention to . They are not paying enough attention i attention to . They are not| paying enough attention to attention to . They are not. Paying enough attention to it, i will tell you that. The last time we had a surplus in the united states was under Bill Clinton in 2001 and a lot of things went into that, but there was less government spending. There was a lowering of capital gains, increased Tax Revenues at that time as well. I think we need a second Term Presidency in order to cut spending and of course both candidates are wanting to get elected and Tax Cuts sound better than higher taxes, so i think that is what you are hearing. Whether or not for all of that gets through, we will see, but hoping that the government officials focus on the amount of data in the united states because that needs to gets refinanced at higher rates it becomes a big percentage of our gdp. Onemack thank you forjoining us from las vegas. Thank you. Back back in other news the company which owns Car Brands including Chrysler And Jeep says its filed eight more lawsuits against the union that reprersents many of its workers. Stellantis has accused the union of violating its contract by threatening to strikes because the company has delayed some of its investment plans. That inlcludes a plan to reopen a closed factory in illonis. The United Auto Workers says its staff are allowed to hold the strike. The Anglo Australian Mining GiantRio Tinto is trying to buy Lithium Producer Arcadium lithium in a deal that could be valued between four and Six Billion dollars. The metal is crucial for the batteries required in electric vehicles and for storage of renewable energy. Stay with us here on bbc news. Hello and welcome to the Dc Cam Export centre. Two years ago, it was dominated by Englands Record breaking batters, but still the Home Side have scored plenty of their own on Day One of the opening test. After winning the toss, pakistan batted first and they have batted first and they have batted very well. The captain made a century. Englands fightback came in the final session with three more wickets and almost as crucially a reduction of pakistans run rate. This is how they want finished. 151 made there. They fell after the tea break. There is reaction to todays play on the website. The baseball Play Off has been equalled thanks to the japanese player on the la dodgers team. The picture struck him out twice