This monday morning. Anna it has just gone 6 00 here, lets talk about the oil price. It seems appropriate. We have this big interview, before the weekend. Stories coming with the saudi royal family. They are putting their money where their mouth is. Manus two weeks ago, we talked with the single biggest squeeze that went on, on record. Record short positions. They are back. The Money Managers are back. That is what the risk is telling us. Speculators have boosted their bearish bets up by 17 in the last week. That is behind part of that precipitous drop we saw on the back of that interview. They were there for five hours talking about everything under the sun. Anna checking where the oil prices now, continuing to retreat. 38. 28, wti at 36. 25. Both of them moving further from the 40 mark. Manus the brent volume is barely above average, but the wti volume is 25 above average. You have russia and iran as well. Anna it is not enough for the irradiance just turn up for the iranians just to
The overnight. I understand the big move. Here you go. The chinese leaders will do more to boost growth. It makes policy more forceful. Latere a Rate Decision and they expect the increase after a survey from bloomberg. Members took board meetings before the policy decisions. Backials scaled engagements. Year andre up next they said the demand for housing stays strong in the economy. Rocket has gone to orbit. It intoo rocket guided an old missile range. For more on these stories, go to bloomberg. Chinese leaders will do more. There is more stimulus. The chief economics correspondent joins us now. How significant is the announcement . Is significant and we do not know what the growth target is. Thate meantime, we know they have to do more to keep the edge. Particular, we see a shift supplies and it is significant. We are not reading much into thes comments. Important and the official commentary is about easing up and freeing up the tax code to shake up the enterprise sector. It is the gl
Eastern ukraine. We understand at least three people have been killed but many more are wounded. Jordans King Abdullah arrives back home after the horrific killing of a pilot by Islamic State with calls for revenge echoing through the streets. What are the kings options now . Aaron is here and greeces european charm offense has hit its first major block. Its time for tough new talks with greece. Greeces finance minister met with the hard boss of the central bank. Tomorrow stakes are higher with meetings in berlin. Well find out what greece nowments and whether or not europe will agree. Its 12 noon here in london, 7 a. M. In washington and 8 p. M. In taiwan where at least 19 people have been killed when a plane crashed into a river. The Transasia Airways commercial flight was carrying more than 50 people. They were mostly chinese tourists. The plane had taken off from taipei and headed to kinmen islands, just off the chinese city xiamen and came down on the keelung river. This is the dr
To discover a vast ocean on one of jupiters moons. We begin in iraq where governmentbacked troops seem to be gaining the upper hand in the biggest defensive so far against the group that calls itself Islamic State. I. S. Militants are being pushed back into the center of tikrit. You can see it above baghdad as the battle for the city continues. The bbcs reporter has been on the front line with iraqi forces and sent us this report. Reporter advancing into tikrit. Iraqi Army Soldiers have mounted the largest offensive against Islamic State to date. After months of false starts, progress is now being made. The Top Army Generals to the battlefield is a short force and a message that wont be lost on the iraqi people. Last year the army collapsed in the face of the wellarmed jihadists. Now they are regaining confidence. Translator deliberation of this city and province will serve as a launch pad for reclaiming the north and the west of iraq. If Islamic State is defeated here, theyll be defea
Chibok schoolgirls remains unclear. Were told by the military that theres no clues at all as to where they are. Also we report from the front line in donetsk in Eastern Ukraine on how the ceasefire is holding. Hello. In just the past hour millions of people across Europe Africa and asia have been enjoying whats described as one of the greatest shows on earth. And its a show that just keeps giving, because weve got live pictures now from the Arctic Archipelago of valguard. Guy watchers gathering for a full Solar Eclipse, and its edging ever closer there where the sun will be completely obscured by the moon. That is expected to take place at around 12 minutes past the hour. So were ten or so minutes away from that. Lets have a look at the total eclipse as it was seen above the Faroe Islands just a short while ago. Really a wonderful sight there and it got more spectacular elsewhere as well. Weve got some views from other cities. This is the view from plymouth in southwest england, just a