Investigation into a citizenship scheme in cyprus after its government dismisses the report. And in sports barcelona say they have no intention of allowing leno naseem to leave the club messi stunned the footballing world by handing in a transfer request on shoes day. So in the last hour a 17 year old has been arrested and charged after a shooting in the us city of. 2 people were killed and another wounded during a 3rd night of black lives matter protests was video on social media said to show a suspect shooting at demonstrators. So this attack happened as we said during the latest demonstrations in particular against the shooting of jacob blake he is a black american who is now paralyzed after police shot him in the back 7 times on sunday a state of emergency is being enforced and the National Guard are on patrol in the city in the state of wisconsin several buildings were set on fire and tear gas fired to prevent the storming of a court house now president obama chimes tweeted this i
Going on, replace concerns in factors might have an reflects uncertainty as to what various governments might do anything aftermath of these horrific attacks. As you mentioned, it is not because oil is produced in israel and gaza, for example, it is because in this region, about a third of the worlds oil comes from The Middle East, and the question now is what will israels responsibly to these attacks . Will it be limited, how long will it go on for . Is that the risk of this spiralling . We have keep your political players around this region and central to that is a run. We have had potential uranian involvement in the these attacks. Iran is important because they control the state of tom boyd with millions of barrels of oil is passing through it every day. Even iranians Oil Shipments have been up to a five year pipe in the past five years. Will the United States allow this to continue if uranian involvement is proved. Continue if uranian involvement is roved. , ~ continue if uranian
Territories are oil producers, but because the middle east is such a huge oil producer as a region, about a third of the worlds oil comes from this region it is what people call the wall risk premium. You have all these interconnected players, pieces of the puzzle, the question is now whether israels response of these attacks can be limited, how long will it last, is going to dragon diplomatically other regional players, so that is really what is contributing to the volatility. A lot of talk about iran, that critical to a chokepoint. Reports of uranian involvement in these attacks. Iranian. It should be pointed out Antony Blinken has said there is no evidence to suggest any iranian involvement so far but it plays into this atmosphere of uncertainty and basically not really knowing what happens next. And that really is reflected in things like the price of oil. find really is reflected in things like the price of oil. And very briefl , like the price of oil. And very briefly, were like
Payment ahead of a vital eu summit next month. Now on bbc news all the latest Business News live from singapore. What does it take to keep their Competitive Airline up and running . We will find out from the man who was credited with turning qantas around. And the new chief of ericsson has his sights set on asia as the tech and Telecommunications Industry changes with the times. Good morning asia, hello world. It isa good morning asia, hello world. It is a wednesday. Thank you for joining us for another exciting edition of Asia Business report. We start off with australias flagship carrier qantas and the ceo alan joyce. Heres the highest paid Airline Chiefs in the Airline Asia Pacific region june. He Airline Chiefs in the Airline Asia Pacific regionjune. He has turned around the fall tunes of the airline through painful cost cutting and restructure. They are now investing in new routes, especially in asia. We spoke to mrjoyce in london about qantass ambitions in china and its eye water
The brokers still love apple. The stock remains on most out perform lists. Coming up on the program. S p cuts brazils Credit Rating. Also the case against a rate hike is at its most compelling. Find out why he wants the fed to wait. We break the latest results later on. Something new today. New hair cut . It is a very warm welcome to london, susan. Thank you. Its good to be here and great timing to be here. Whats happening in asia and how its effecting global markets. The last month or so has been the most crazy. As you say, the real spark for this correction is china. It has been about china and what theyre going to do with the policy response. Do they know what theyre doing at this point. People thought whats happening in one corner of the world we dont really care. We dont just have china but the fed. Theyre saying please dont hike and then the emerging market chiefs, some of them saying i think the fed should hike. And japan, the biggest points gain since 1994 we saw yesterday. Its