And were starting with the latest incident in the volatile Gulf Region Oil prices have surged after what is believed to have been a missile strike on and ukrainian tanker in the red sea benchmark brant crude oil rose over 2 percent in trading to reach 60. 40 a barrel after this beauty was hits off the saudi port city of jeddah the ship was headed towards iran or in the gulf it was the latest strike by an unknown attacker on Oil Facilities in the gulf region a bombing office saudi arabias largest Oil Processing facility this summer caused a 10 percent spike in the oil price but markets calmed quickly as output was restored. For more im joined now by joseph head of oil and gas and alice is at Fitch Solutions in london good to have you with us so you comparison to this attack on saudi Oil Processing facility in summer how serious is this latest incident for
the oil market. Thank you monica the latest its the to is relatively minor in comparison to last months attack on iran cos facilities
a reminder of what s at stake now so far the u.s. has slapped tariffs on $550000000000.00 worth of chinese products china intern has said levies on $185000000000.00 worth of u.s. goods that amounts to $735000000000.00 in total and that figure could just be the tip of the iceberg but it would have terrorist cover a wide array of goods products from steel and many and to meat and fish vegetables mushrooms and nuts to tobacco and jews many sectors are affected on both sides of the pacific now later today donald trump will meet a chinese vice premier you he passed meetings between the 2 have yielded progress for example in january china increased its soybean purchases and their february talk resulted in a delay in tariffs level less this of course is the 13th attempt to break the negotiation deadlock and earlier we asked rank of berridge from one x.
a reminder of what s at stake now so far the u.s. has slapped tariffs on $550000000000.00 worth of chinese products china intern has said levy s on $185000000000.00 worth of u.s. goods that amounts to $735000000000.00 in total and that figure could just be the tip of the iceberg that it would have terrorist cover a wide array of good sprouts from steel and many and to meat and fish vegetables mushrooms and nuts to tobacco and jews many sectors are affected on both sides of the pacific now later today donald trump will meet chinese vice premier you he passed meetings between the 2 have yielded progress for example in january china increased its soybean post. assists and their february talk resulted in a delay in tariffs nevertheless this of course has the 13th attempt to break the negotiation deadlock and earlier we asked rank of berridge from one x.
the global gaming industry is now worth $135000000000.00 and growing to fall so why keep developers in germany asking for government subsidy. is eat up your business i m. british prime minister bars johnson is expected here in berlin today seeking support from naco to reopen parts of the brakes in negotiations otherwise the controversial pm threatens his country will leave without a deal on october 31st but even the most hard line breaks tears in his government now seem to have realized what a heartbreak that could mean for the british economy as one insider told our reporter it s going to be hallo. the trucks are still rolling swiftly through the port of dover but soon there could be long traffic jams at the end of october britain intends to leave the e.u. with or without a deal prime minister boris johnson never tires of stressing but of brakes it without a deal would definitely mean customs controls in ports like dover and long waiting
illustrate what s becoming a growing interest in the south driving sector the global autonomous vehicle market is a ready worth an estimated $54000000000.00 annually a figure that s expected to increase tenfold in the next decade competition is a pretty stiff back and 2016 u.s. software firm new to know me launched driverless taxi trials in singapore facing rival by a master of weeks the company behind the current trial is hoping that betting on self driving buses will push years ahead of the curve. the global market for video games rose to $135000000000.00 u.s. dollars last year and yet german studios struggled to get their slice of the action at this year s games coming colognes representatives of the german games industry competing with silicon valley for funding once again demand the government last prop up the industry with taxpayer money. the small him behind this prize