Oil Prices Surge and stocks tumble as barrage of missiles in the Middle East prompts supply fears in a region that accounts for a third of global oil production. Us Trade Paralysis dockworkers threaten to continue striking for as long as necessary with ports along the East And Gulf coasts remaining shut for a second day. Also on the programme, could technology bring extinct species back to life . We speak to the boss of a De Extinction Company hoping to resurrect the Woolly Mammoth. Live from london, this is business today. Lets start with the Middle East, where, as weve been reporting, israel has warned of grave consequences after iran launched a barrage of missiles at targets across the country on tuesday. Oil prices have been surging as traders fear a full scale regional war could disrupt Energy Supplies to the global market. Brent crude rose as much as 5 to 75. 40 a barrel in intraday trading. Lets Take A Look at the latest Oil Price now. Up up1. 36 , up 1. 36 , 74 up1. 36 , 74 and
Second, and Di Minaur has broken back and leads 5 4. So, Di Minaur looks like hes going to level the Di Minaur looks like hes going to level the coral Di Minaur looks like hes going to level the coral about Di Minaur looks like hes going to level the coral about quarterfinal. Karolina muchova has made it through to the Semi Finals in the womens draw. The czech took the first set 6 1 against the brazilian beatriz haddad maia, but had to deal with illness throughout the second set, having to take a number of bathroom breaks. She said she didnt want to go into too many details. Lets put it lightly. Lightly. She still took the second 6 4 to reach the last four in New York for the second year running. NatIons League Matches are fast approaching for the home natIons. England have given their first News Conference since the players gathered at St Georges Park ahead of the matches against Republic Of Ireland In Dublin on saturday then finland at wembley next tuesday night. Theyll be lee carsle
Christiane and ben next have a lot to get to so lets get started. Heres a headline that will surprise no one in 2020 the u. S. Economy had its worst performance in 74 years since the end of world war 2 it contracted 3. 5 percent now this was of course because of the coronavirus lockdowns and the impact of the worldwide pandemic so whats in store for 2021 especially in an economy that remains so uncertain joining me now to discuss this and more. On it chrystia i ben lets start with you can you give us a rundown of how the economy did or didnt perform in 2020. Yeah i mean as you said in the beginning here its really no surprise to anybody the economy did not do well contract at 3. 5 percent as you said the worst its done since 1946 so its been a long time since the economys contracted that much in a single year and that came off of the 2. 2 percent growth that we saw the year before in 1900 the bottom line here is this is basically every sector was down because of the coronavirus with th
This is a boom bust the one business show you cant afford to miss. In washington coming up u. S. G. D. P. Close out 2020 at its worst rate since 1046. 00 and shrank by 3. 5 percent and the game stop saga continues as robin hood and other Major Trading partners are stressed in trading as the battle between wall street and small investors continues well explain what this means for future trading with the us pros with christiane and ben next have a lot to get to so lets get started. Heres a headline that will surprise no one in 2020 the u. S. Economy had its worst performance in 74 years since the end of world war 2 it contracted 3. 5 percent now this was of course because of the coronavirus lockdowns and the impact of the worldwide pandemic so whats in store for 2021 especially in an economy that remains so uncertain joining me now to discuss this and more. On it chrystia i ben lets start with you can you give us a rundown of how the economy did or didnt perform in 2020. Yeah i mean as y
Catching even a little bit of sunshine later today. So, big changes ahead after a soaker of a storm with an Atmospheric River the last few days. The Atmospheric River well out of the area. You can see on hidef doppler lingering showers for us. You can see light shower activity over gilroy, 101 and up across the north bay from st. Helena and napa, vallejo and fairfield picking up light rain. Through the day, we are looking at partly sunny skies. So, a little sunshine. Highs in the low to mid50s this afternoon. As we time it out for you, taking you hour by hour, stopping the clock at lunchtime hour at noon, you can see sunshine through the day. Catching a bit of clearing as we head through the afternoon. We will talk about the weekend as we are tracking another weather system. I will show you the locations that have a better chance of wet weather coming up. Lets check in with gianna. Until it dries out you may be dealing with slick surfaces. There is flooding in some areas. The bay bridg