Which is pretty spice y. By all accounts. Good evening. In his first speech to the Party Conference as tory leader, rishi sunak said he is only too happy divide opinion and seemingly his own party if thats what it takes to put britain on a long term path to success. But his first big change is to scrap the northern leg of h52, the High Speed Railway that was supposed to link london with manchester a decision his predecessor David Cameron said the country would come to regret for years to come. Perhaps after promising the north a programme for levelling up, it is a gamble the conservatives may come to regret much sooner. Mr suank has also promised a new qualification for further education. That Willl A Levels and the more vocational t levels will be combined that will combine a levels and the more vocational t levels into one single qualification, which in future will be known as the advanced british standard. And to enhance the future, health, of the nation, he is proposing a progressi
business correspondent sameer hashmi that even with falling profits, the biggest winner is the saudi government, which is aramco s biggest shareholder. the saudi government owns around 90% of the company and the dividend payout, the bulk of it will go to the saudi government. and it s not a surprise because if you look at aramco every quarter, they ve been paying about $19.8 billion as dividend. what they ve done is this time that they have added another 50% to that amount in the form of this performance linked dividend, which they say is because the cash flows were quite healthy. and that s the reason they decided to increase that overall dividend income, which will be definitely quite beneficial for the saudi government because it relies heavily on the aramco, you know, generating revenues for it and that will help them in their oil diversification program. they re building these mega infrastructure projects, new tourist destinations. all this has been done keeping in mind that oil d
performance dividend. live now to our middle east business correspondent sameer hashmi. samir, rhe saudi state remains overwhelmingly aramco s biggest shareholder, so they remain the big winner in the aramco story. well, that s right. they own around 90% of the company and the payout, the bulk of it, will go to the saudi government. if you look at aramco, every quarter they have been paying about $19.8 billion of dividend. this time they have added another amount to that amount, because they said the cash flows are healthy and thatis said the cash flows are healthy and that is why they have decided to increase that overall dividend, which will be beneficial for the saudi government because it relies heavily on the aramco generating
so i put it to our middle east business correspondent sameer hashmi that even with falling profits the biggest winner is the saudi government, aramco s biggest shareholder. the saudi government owns around 90% of the company and the dividend payout, the bulk of it will go to the saudi government. and it s not a surprise because if you look at aramco every quarter, they ve been paying about $19.8 billion as dividend. what they ve done is this time that they have added another 50% to that amount in the form of this performance linked dividend, which they say is because the cash flows were quite healthy. and that s the reason they decided to increase that overall dividend income, which will be definitely quite beneficial for the saudi government because it relies heavily on the aramco, you know, generating revenues for it and that will help them in their oil diversification program. they re building these mega infrastructure projects, new tourist destinations. all this has been done keepi
own intelligence. now what would you rather have all those domestic programs or 19 more week he is in kandahar? okay. so you want to know some of those things that we cut in that spending bill to help make up your mind? well, the education, labor and health and human services departments faced 19.8 billion in cuts. we could have recouped that in a little under 10 weeks in afghanistan. the epa alone faced cuts of $1.6 billion. that could have been made back in a little over five days and 14 hours. we cut contributions to u.n. and international organizations by $377 million. that is just a day and eight hours. so when people say we re broke, it s not really true. we always find money for war. we can simply reallocate some of that money to create jobs here at home, for example. this is all about making choices. we could have more pollution in the air that our kids breathe because we couldn t properly fund the epa or six more days in