russian occupied crimea. local officials say at least one person was killed, and ukraine said the ship was destroyed. president zelensky wrote on telegram: the occupiers will not have a single peaceful place in ukraine. james waterhouse reports. for ukraine, this was a high value target. explosion. the novocherkassk landing ship struck by a guided missile. the blast was colossal. moscow claims it was only damaged. kyiv says destroyed. it s going to need more than a lick of paint regardless. crimea has been in russia s grasp since 2014. but sights like this have become more common with ukraine striking deeper into the peninsula. the novocherkassk would have almost certainly been loaded with either soldiers, hardware, or both. its loss will hamper russia s ability to supply troops further north, as well as further weaken its naval dominance in the black sea. what attacks like these have yet to do is apply enough pressure on moscow for it to surrender ukrainian territory it ha
so we start in the us, where, as you ve been hearing, the world s biggest entertainment company, walt disney, is axing 7000 jobs as part of a cost cutting drive. it comes as the company revealed the first fall in subscribers to its streaming service, disney+, since it was launched more than three years ago. veteran ceo bob iger has returned to run the company again after its shares lost almost half their value last year, as michelle fleury reports from new york. this is ceo bob iger s first set of results since returning to the company in november, attempting to revive the storied brand and cement his legacy, he said disney was embarking on a significant transformation, putting creativity at the heart of everything it does, while announcing the elimination of 7000 jobs as it seeks to trim costs by $5.5 billion. his comments point to the future, but results showed the mouse house performed better across a number of areas in the last months, compared to the dismal showing that
let s start with oil, because at the weekend, the secretary general of the organization of petroleum exporting countries, haitham al ghais, said he expects global oil demand to exceed pre pandemic levels this year. so what does this mean for the oil industry? joining me now is russ mould, investment director at aj bell. does this mean we are going to hit $100 per barrel again in 2023? , ., , hit $100 per barrel again in 2023? ., , ., hit $100 per barrel again in 2023? a, a a, 2023? gosh, that s a tricky question 2023? gosh, that s a tricky question for 2023? gosh, that s a tricky question for this 2023? gosh, that s a tricky question for this time - 2023? gosh, that s a tricky question for this time of i 2023? gosh, that s a tricky | question for this time of day. you can certainly construct a case where you can see oil going back up, perhaps not to the height of last year, but we have china reopening, the davos crowd and the imf seeming less worried about global econo
mischievous asia s richest man hits back against us traders who raised doubts about his finances, wiping $10 billion off his companies share prices. and never too late to influence why brands are seeking out older people to push their products hello. we start here in the uk, where in a few hours time the government s finance chief chancellor of the exchequerjeremy hunt will announce plans to boost the economy and tackle the country s poor productivity. central to those plans, freeing the city of london s giant insurance firms from eu rules on how much cash they have to keep in reserve. they say it could release 100 billion pounds to invest in things like clean energy and infrastructure. mr hunt will also warn against an attitude of declinism amid accusations from business that post brexit uk is in danger of getting left behind in an increasingly competitive world economy. the future looks very uncertain because you have that ira, the 350 billion dollars been spent in
presidential inauguration. at this crucial mile marker it s important to stare into the mirror of who we really are as a country. two years after lies and conspiracies about trump s big loss led to, quote, medieval combat on the steps of the u.s. capitol between law enforcement and trump supporters. those very same lies that inspired that attack two years ago are now deeply embedded in the politics of the gop. they are the single animating principle behind everything that happens in one of the country s two major political parties. it is in large part due to the fact that the man who, quote, summoned the mob, assembled the mob, and lit the flame in the attack as january 6th select committee member liz cheney put it that would be twice impeached president trump himself as well as his top lieutenants remain the dominant force in the gop. and they insist on continuing to gaslight americans on what actually happened on january 6th to this day, to this hour on this day. just yeste