oil supplies look to tighten from next month, after saudi arabia and other opec plus oil producers announce output cuts of about 1.1 million barrels a day. saudi arabia said the move was aimed at stabilising the market. well, oil prices are currently trading higher, after the move by 0pec+. this is the second time the cartel slashed productions. the group last did so in october, cutting output by two million barrels per day. jonathan robinson is global power & energy research director at frost and sullivan. this move by saudi was something of a surprise. the us publicly ruled out new crude purchases to replenish its own strategic stockpile. how much of a collision course does it put ridadh on with america? it is interesting because russia had cut its production separately in march so it suggests a bit of co ordination between russia and saudi arabia and clearly they want to put a floor under the price of oil and see it recovering to the side of $90 a barrel, where it has been
by more than 20% in this past quarter compared to the same time last year. it is a big number but not totally unexpected because the company has been slashing prices of its top selling vehicles over the past year. top-selling vehicles over the past year- top-selling vehicles over the ast ear. :: , ,, past year. bringing in 20% less income is past year. bringing in 20% less income is well, past year. bringing in 20% less income is well, not past year. bringing in 20% less income is well, not good. - past year. bringing in 20% less j income is well, not good. what helps the electric car maker however is that it warned wall street this was coming. so it didn t come as a complete surprise, giving tessa cut prices on its top selling cars several times last year. in fact did it again this week. tesla is grappling with higher borrowing costs for consumers, slowing demand for their cars and so much more competition in the electric car market. the price cuts did the trick, th
hello and welcome to the programme. tyre nichols, was a 29 year old black man. a father, a fedex employee, a keen skateboarder. three weeks ago, he was pulled over by the memphis police on suspicion of reckless driving. there was a confrontation after which tyre fled. and what happened next defies belief. five memphis police officers, who are also black, chased him down just 80 yards short of his mother s front door, they beat tyre so badly that, three days later, he died from his injuries. i am going to show you a picture of what tyre looked like before he died. just a warning it is hard to look at. the coroner said he had suffered excessive bleeding caused by a severe beating . the family have been shown the body cam footage. while each of the five individuals played a different role in the incident in question, the actions of all of them resulted in the death of tyre nichols, and they are all responsible. reverend al sharpton has spoken with the family and will deliver th
The National Health service this winter. A number of hospitals have declared critical incidents. Three people have died after fire broke out at a hotel in perth in scotland. Emergency services, including 21 Ambulance Crews and nine fire trucks, were called to the incident. Thousands have waited in line to pay their respects to Brazilian Football legend pele, whos lying in state at the ground of his former club, santos. The three time world cup winner died at the age of 82 on 29 december. Hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. With me are Kevin Schofield, whos Political Editor of huffpost uk and eleanor langford, political reporter at politicshome. Tomorrows front pages, starting with. You the ft leads with its annual survey of uk economists, finding a majority believe the recession here will be worse than in other countries. The i reports comments by a leading health boss that extreme pressure on hospitals will continue for at least ano
there were police there. it looked calm. lots of media cameras. it is happening. new york is stungling to house more than 40,000 migrants bused from the southern border over the past year. the city is also plagued by crime and homelessness. the president will be talking about infrastructure. bill: he will announce $3 hundred million in funding for a new tunnel under the hudson river. critics say it s distracting from issues. dana: a new poll reveal what voters say the country s biggest problem is. not infrastructure. it is poor leadership. bill: just a few blocks from the west side rail yard where the president talks today, the migrants crisis is boiling over. talking a few blocks now. authorities trying to relocate adult male asylum seekers from one hotel to a new shelter in brooklyn to make way for new families coming in. some of the men, though, all of them coming here single, are refusing to leave. dana: the president should visit the hotel. they won t hold their