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Transcripts For BBCNEWS BBC 20240704

Where most of those killed lived. Josh green called it a heartbreaking day and likely the worst Natural Disaster in the states history. There will be active recovery over the coming days and weeks of the bones of those who have been lost. So it will take time. To give perspective, it is going to take many years to rebuild lahaina. When you see the full extent of the destruction of lahaina it will shock you. It does appear like a bomb and fire went off, if i may say. And all of those buildings, virtually, are going to have it will be a new lahaina. This is all happening as the extent of the devastation becomes clearer, as our North America correspondent nomia iqbal reports. Much of the Hawaiian Island of maui is now scorched earth. A pilot can hardly believe what hes seeing. Oh, my gosh look at the harbour this looks like baghdad or something. The Historic Town of lahaina barely exists any more. Since the fire began on tuesday, it has ripped through, fuelled by Hurricane Force winds, le

Transcripts For BBCNEWS World 20240704

Between april and june, the company made a Profit Ofjust over 30 billion, a lot of money by anyones metric, but significantly down from more than the 48 billion it made in the same period a year ago. The main reason is, as you can see here, that oil prices during the period were at the lowest point in the last year, as the boost they got from russias invasion of ukraine wore off. And last week, in an effort to keep them that way, saudi arabia said it would only produce nine Million Barrels a day. That extended Production Cuts by the 0pec group of big oil producers, who profit more from a higher price. When it comes to saudi aramco, those higher prices mean higher Dividend Payments for shareholders, and its boosted those to nearly 30 billion in the current period. So i put it to our middle east Business Correspondent Sameer Hashmi that even with falling profits, the biggest winner is the saudi government, which is aramcos biggest shareholder. The saudi government owns around 90 of the c

Transcripts For BBCNEWS BBC 20240704

North america correspondent, sean dilley. A community in smouldering ruins. Many homes here in lahaina burnt to charred wrecks. The church and the harbour among the Historic Sites wiped out by the flames that tore indiscriminately through the formerly picturesque tourist town. The us marines and National Guard among the Emergency Workers on the ground. The us president , joe biden, has declared the situation as a major disaster. We are seeing loss of life here. As you know, the number has been rising and we will continue to see loss of life. But we have extraordinary professionals working on this job. We also have seen many hundreds of homes destroyed. And that is going to take a great deal of time to recover from. Lahaina has felt the biggest impact from the wildfires. The death toll is rising. Most fires are under control, but authorities are still working on a number on maui and the neighbouring big island. Here in lahaina, Rescue Efforts are moving more quickly now that winds of up

Transcripts For BBCNEWS World 20240704

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, thats 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 revenues for it, and that will help them in their Oil Diversification programme. They are these mega infrastructure projects, new tourist destinations. All this is being done keeping in that oil demand will decrease in years to come and they will have to come

Transcripts For MSNBCW Alex 20240704

That crash under investigation. Right now severe thunderstorms are Lashing Millions of people from florida to north carolina. More than half of the rain, even tornadoes are possible. Dozens of flights have been delayed or canceled imported today. And the fda has improved away awestruck to also be used in treating serious cardiovascular complications for obese adults with heart disease. That decision could lead to broader Insurance Coverage of the expensive drug and similar treatments. And just moments, the former lead investigator for the january 6 committee on the Ripple Effect of the Supreme Court colorado Ballot Ruling and why there might be some unintended consequences. Plus congressman sarah jacobs of the Foreign Affairs committee on the carious timing around that gaza port project. A very good day to all of you from msnbc. Welcome, everyone, to alex witt reports. We began with President Biden on his way to georgia, where he and donald trump are both campaigning in the swing state

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