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
the white house while a hazmat crew came in. president biden and his family were at camp david at the time. bill: meanwhile, at the same time a federal judge issuing a temporary injunction against the administration barring many officials from contacting social media companies like twitter and facebook. they include the surgeon general, hhs secretary and the press secretary karine jean-pierre. dana: former director of national intelligence john ratcliffe is here. let s speak to mark meredith at the white house to give us an update. good morning. president biden welcomed thousands of visitors to the white house last night for the annual fourth of july celebrations. a beautiful night in the nation s capital. today there are growing questions about who and what is coming into the people s house after cocaine was found in the west wing. the secret service said it s investigation is still ongoing. investigators discovered the substance sunday. the building was briefly evacua
projects. it is an interesting one, because on one hand, donald trump says that day one, dictator for a day, i m going to drill drill drill. russia producing more fossil fuels than anybody in the world by a long shot, and then antibodies ever produced. let s get down to the skin of some climate activists who say that maybe that is not the goal that we should be having. and so this is that intersection between energy dependent and being a leader in the world and guaranteeing freedom for people who don t want to buy their gas from russia, and at the same time, being conscious of the climate. it is an interesting tightrope that we are going to talk about. have a great weekend, i will see you again tomorrow morning. all right, take care alley. all right. right i m ali velshi. we begin this morning with a blockbuster penalty that a jury has awarded the writer e. jean carroll in a defamation case against the twice impeached four times indicted ex president. yesterday, a
has to provide drinking and waste water and it does not have any competitors, but as you say, it has amassed debts of £14 billion over the years and this has to be serviced. it costs the costs are rising because of inflation. interest rates are rising. cost of servicing the debt has gone up. and also, it has to pay each year in investment, it is under fire for leaky pipes, sewage flowing into rivers, not meeting its performance targets, and of course hefty fines in the process. it needs to raise new money. it has already had half £1 billion from shareholders and it needs to raise in the region of another billion and it has a debt repayment coming up in the next year. it has to try and persuade its shareholders that this turnaround plan under the new ceo, sarah bentley, who left rather abruptly yesterday, that the plan is working, and for them to stump up and i think what has brought this story to the fourie is news that the government is looking at options. contingency p
ayman mohyeldin here with alicia menendez. it is 11 i am in new york, six a.m. in moscow, where kremlin officials are no doubt waking up on edge this morning, unsure of what the day might bring. just hours ago yevgeny prigozhin ordered his forces to halt their march on to the capital city and return to their bases. it was a stunning about face, considering how quickly provisions trips were advancing towards moscow, and an armed rebellion against the russian government. however, we have learned shortly after that russian ally and neighbor in belarus had negotiated a deal to de-escalate the situation. kremlin spokesperson dimitri peskov provided some details of the compromise that included russia s criminal case against prigozhin would be closed and he would be allowed to go and remain in belarus. moreover, wagner fighters who had participated in the advancement will not be prosecuted. and late this evening, some new reporting from the washington post is shedding more light o