On its Second Quarter, but shares gain on the u. S. Rising picture as the u. S. Recovers. Plus, if you dont want the lights to go out, it is time to rethink policy. Thats the message from the Biggest Energy companies. Well hear from rwe. And if thats not enough, in an hours time, it will be over to find out who won this years Nobel Peace Prize. Yep. Plenty to talk about today. We start off with breaking news from the ia, the International Energy agency. The big thing to focus on here seems to be opec crude supplies down below 30 Million Barrels a day for the first time in more than two years. This has been led by steep declines in libya and iraq. Output down 29. 9 Million Barrels a day. Despite audi output topping 10 Million Barrels a day for a third month running. They raised the 2013 Oil Demand Forecast to 91 Million Barrels a day, projected at 1 Million Barrels a day for 2013, as well. Theyre talking about exceptionally high u. S. Crude refinery runs, as well. Joining us for more, j
7000 job cuts to come at the Investment Bank. That is more than 25 . Cuts in the retail bank along with a bad bank. Lets get on with the details. Lets dig deeper into barclays strategy. The chief executive, Anthony Jenkins joins us from headquarters in london. Thank you for joining us today. This isnt the first strategy overhaul we have had. Why should investors believe this one is going to work . Good morning. Firstly, we laid out last year a clear direction for barclays. We wanted barclays to become the goto bank. We wanted to deliver superior returns for our shareholders. There has been significant changes to the regulatory and economic environment. We have the same objectives. This is a different way to get there. I believe investors will have high confidence in our ability to execute the strategy change. Are you sticking to your target . Are stillned you targeting 12 of return on equity by 2016. What about the rest of them . In most cases, the targets have either stay the same or
A do. Groom military are on the straits and of taking control of strategic installations. Tv and radio signals are down on thursday. There were protests in the straits about the security situation. Soldiers had seized power in occur in january, accusing the civilian government of fowling to reign in armed groups. Thing to al qaeda and to iso the whos watching out the, are these, the headlines this, our an alleged Russian Missile has he to, convoy vehicles in the southern ukrainian city is apparition 23 people reportedly killed were a challenge the following developments from cave. What we understand from the local ukrainian authorities is that a civilian humanitarian convoy vehicles was heading from the city as apparition into the occupied territories of the applause when it was struck. The recruiting Authorities Say by the russians 23 people killed. As far as we know so far, 35 injured the russians, though i say it was the ukrainians. Who did it . He cried, meanwhile, has called an em
Or lets have a quick check, the headlines are not 0, and the un secretary general says russias decision to our next fort ukrainian regions is dangerous. I must not be accepted. Attorney tara says the cremeans move violates the un charter and threatens peace prospers. Any decision to proceed with the annexation of barnetts ruins garrison and supported zia regions of ukraine, or they have no legal value, and deserves to be condemns. It cannot be reconciled with International Legal framework. It since against every scene, the International Community is meant to stand for its lauds, the purposes and principles of united nations. It is a dangerous escalation. It has no place in the modern worlds. It must not be accepted. Or moscow says it will officially take control of the fort russian occupied parts of eastern southern ukraine from friday. The European Union in the us are planning to impose more sanctions on russia for what they called sham referendums. The Swedish Coast Guard is reportin
Those data investigated and that they are preventative measures until taken place to ensure that thats not happening in the 1st place. That this major football industry event. The talk was of what the 1st winter world cup would bring. High quality play a compact, culturally diverse tournament designed to be carbon neutral. The message here from cutter is that now is the time to focus on the delivery of this tournament. The upcoming moment of truth, but its clear that the years of criticism, particularly on the issue of migrant workers, wont simply melt away once the football is underway. And indeed some of it will come from the teams themselves. Harry force it al jazeera sybil. Ah, watching al 0, the top stories this, our ukraine has called an emergency meeting of top officials after rushes that it would annex for ukrainian regions on friday. This follows referendums in these areas where according to moscow, people voted overwhelmingly to join russia. Us President Joe Biden has once ag