PreSidential election. Now on bbc news, The Media Show. Hello, im ros atkins. And im katie razzall. And this week, were meeting the Business Brain behind europes biggest youtube creators, the Sidemen. Well also look at a new game from sony which has become one of the biggest flops in media history. Thats all coming up on The Media Show. Were Going to begin with news thats been dominating the headlines this week the escalation of the situation were Going to begin with news thats been dominating the headlines this week the escalation of the situation in the middle east. Weve been discussing the challenges of covering such a multifaceted story with the bbc s chief international correspondent, lyse doucet. While we say that everything has changed about journalists but nothing has changed, the fundamentals are still there especially when you are on the ground in the heat and dust, in this case under the bombs. Its the who, where, what, when, why . What is actually happened . Remember that G
Multifaceted story with the bbc s chief international correspondent lyse doucet. Bbc s chief international correspondent lyse doucet. When we say that correspondent lyse doucet. When we say that everything correspondent lyse doucet. When we say that everything has we say that everything has changed forjournalists but changed for journalists but nothing changed forjournalists but nothing has changed, the fundamentals are still there, especially when you are on the ground especially when you are on the ground in especially when you are on the ground in the heat and dust, in this case, ground in the heat and dust, in this case, under the ground in the heat and dust, in this case, underthe bombs, it is the this case, underthe bombs, it is the coup, this case, underthe bombs, it is the coup, where, what, where, is the coup, where, what, where, why? what is actually happened? rememberthat where, why? what is actually happened? remember that good old fashioned word facts? it
Bonanza for Chatg Pt Maker openai it takes in new funding, making it one of the most valuable Start Ups in The World. Will he or wont he show up that is Elon Musk is due to testify to the us Markets Watchdog over his Twitter Buyout after a no show last month. Welcome to business today, im ben thompson. We start in the Middle East where, as weve been reporting, President Biden has said the us does not support an attack by israel on irans nuclear sites in response to tehran s missile strikes on israel on tuesday. The us president said the israelis had a right to respond to the attack, but they needed to do so proportionately. In the latest fighting, israel has bombed a building in central beirut. Oil prices have risen since wednesday over supply fears, with markets regaining ground as investors seemingly come to terms with the escalation. Lets have a quick look at the price of oil. This is the one to keep an eye on, Brent Crude up another 2 today taking it above 75 per barrel. For more o
Senior Investment Strategist at Edward Jones here in new york. Were seeing a dent in risk appetite. The market is grappling with a variety of worries tensions in the Middle East, a Port Strike and election uncertainty. Do you expect to see volatility . Are there any opportunities . Yes, it is great to be here, and we are moving nicely thus far this year and we are moving nicely thus farthis year in and we are moving nicely thus far this year in the snp 500, up far this year in the snp 500, up nearly 20 . As you noted, youre heading into a choppy October Period and facing mounting walls of worry in the market, including the upcoming election on November The 5th and the ongoing Port Strike on the Eastern Seaboard as well as growing escalations and tensions in the Middle East. We say investors in markets should prepare for bouts of volatility ahead of a 20 rally also, that is a natural next step in terms of what might happen in markets. We are probably due for a period of pull back, but w
In terms of iran and the risk to exports directly out of iran, thats about 1. 7, 1. 8 million barrelS Per day. And obviously those, the Export Facilities in iran, are those probably at greatest risk in the aftermath of what happened on tuesday night. But i think, you know, weve had a muted reaction, partly because markets are still focussed on a comparatively weak chinese economy and expectations that the Oil Market more broadly next year is looking like it may head into surplus. So, you know, very much mixed messages at the moment coming out of the crude market. Lets go straight to New York and get the latest from our correspondent there, ritika gupta. We saw there prior to starting to rise once again, particularly off the back of those comments by president biden. Explain what he said. We are seeing biden. Explain what he said. Are seeing Oil Prices spiking after the back of president biden s comments, saying they are considering the possibility of israel launching a counterattack on