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Transcripts For BBCNEWS Business Today 20241008

By hamas gunmen took place just before 6 30 local time. More than 300 young people attending the festival were killed, others were taken hostage. It has been called israels 9 11 by some, and like the attack on the world trade center, its had massive repercussions around the world in both politics and economics. Michelle fleury has more on the Global Impact one year on. The middle East Conflict could add to the risks already facing the global economy. The escalation comes at a time of uncertainty around the upcoming us election and as china tries to stabilise its struggling economy. Economists warn the war could push up inflation if Trade Routes are disrupted, causing the cost of Oil And Shipping to rise. A bigger concern is whether any escalation could rock the straits of hormuz, a major shipping channel. 0ne straits of hormuz, a major shipping channel. One third of Oil Tanker Traffic and a fifth of Lng And Gas passes through there. The Oil Markets are already reacting. The price of Br

Transcripts For BBCNEWS BBC News 20241008

Fields, a short drive from where we are, the first area to come in the hamas assault, where thousands of israelis and people from Around The World had gathered for the Nova Music Festival. They dance the night away but thenit they dance the night away but then it turned into a slaughter. 350 were murdered and 44 were taken hostage. This morning, at the vigil, they played the last track of music at 6. 29 because that is when the music stopped and the slaughter started. This morning, again, they played the music again to honour the dead and the missing. Music. Meanwhile injerusalem, crowds gathered before dawn, many holding aloft pictures of the hostages seized by hamas. They demanded that the prime minister, benjamin netanyahu, ensure the return of those still being held. Across the region, the war intensifies. There were powerful explosions in Southern Beirut as israel carried out fresh strikes overnight with increasing fears of a wider regional conflict in the middle east. This is the

Transcripts For BBCNEWS BBC News 20241008

Who arrived at that site indiscriminately killing hundreds of people and taking around a0 people hostage. By The End of that attack, 1200 killed, 250 taken hostage. What began was a Military Response from israel back claimed the lives of a2,000 palestinians in gaza. It has displaced millions, many without food, Shelter Water or Medicine And Israel stated ambition is to destroy hamas and its ability to launch further strikes against israel. Today it is a moment of Reflection And Remembrance of those who were killed and those who are still missing from israel, many hostages still thought to be inside gaza but once more confirmation that one will hostage is now pronounced dead. A reminder that this war is not raging on multiple fronts. I will take you to beirut and this is a scene in beirut where smoke is rising above the skyline as Israel Conduct what it says are limited incursions into lebanon to take on not hamas but there has botherjew. It says there are strongholds backed by iran and

Transcripts For BBCNEWS BBC News 20241008

Place in israel and Around The World to remember the victims of the hamas attacks on israel exactly one year ago, in which nearly 1200 people were killed and 250 taken hostage. In israel, shortly after daybreak, president Isaac Herzog joined a Memorial Service at the scene of the nova music festival, marking the moment it came under attack. More than 350 people there were murdered. Families explained why theyjoined todays vigil. This is the last moment we were here. This is where she was killed. Especially here. Last week, this is the ceremony, this is where she was, this is where she was happy in her last moments. It where she was happy in her last moments moments. It was here. We lost our son here moments. It was here. We lost our son here at moments. It was here. We lost our son here at the moments. It was here. We lost our son here at the party. Moments. It was here. We lost our son here at the party. He l our son here at the party. He was our son here at the party. He was murdered

Transcripts For BBCNEWS Business Today 20241008

Attacks by hamas gunmen took place. More than 300 young people attending the festival were killed others were taken hostage. It has been called israels 9 11 by some, and like the attack on the world trade center, its had massive repercussions around the world in both politics and economics. Michelle fleury has more on the global impact one year on. The middle East Conflict could add to the risks already facing the global economy. The escalation comes at a time of uncertainty around the upcoming us election and as china tries to stabilise its struggling economy. Economists warn the war could push up inflation if Trade Routes are disrupted, causing the cost of Oil And Shipping to rise. A big concern is whether any escalation could block the strait of hormuz, a major shipping channel. A third of Oil Tanker Traffic and one fifth of lng frozen gas passes through there. The Oil Markets are already reacting. The price of Brent Crude jumped 5 last thursday after President Biden said the us was

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