Hezbollah is part of the political game here in lebanon. It is almost the only party that is, you know, armed and lebanon and also has representation in the parliament. But has engaged in fights and conflict with israel since it started in 19805 until this latest confrontation that we are living these days. Frank, a lot of people i think certainly after the attack we saw a couple of nights ago, that unprecedented attack in terms of Scale And Size that iran launched on israel. One question which people are asking is why did iran Attack Israel and will israel now Attack Iran . Ok, so this really goes back to april the 1st, when the israeli Air Force carried out an airstrike on Irans Consulate in damascus, killing a number of Iranian Revolutionary Guards officers, including allegedly the man who was coordinating the flow of arms from iran through syria to hezbollah in lebanon. And that was an attack on a diplomatic premise, the international outrage was pretty muted. Iran said it would re
Start of the gaza war and we will bring you more information on both stories as that comes into us but turning back to lebanon because early in the day israel carried out air raids against what it called hezbollah s intelligence headquarters in southern beirut. Our middle east correspondence sent us this report. Another night in beirut and more israeli air strikes. War returns to this city. And this attack came with no warning. We went to inspect the damage. A residential building near the lebanese parliament. Beirut appears increasingly under threat. This is where an emergency response group linked to hezbollah operated, now gone. There were just emergency service workers. This is the truth. We only saw them helping people out, says mustafa, who lives on the tenth floor of the building hit. The damage in this building gives you a sense of the power of this attack, and they ve been cleaning up the rubble here, but we can still see some surgical masks and gloves and bandages as well. An
And this attack came with no warning. We went to inspect the damage. A residential building near the lebanese parliament. Beirut appears increasingly under threat. This is where an emergency response group linked to hezbollah operated, now gone. There were just emergency service workers. This is the truth. We only saw them helping people out, says mustafa, who lives on the tenth floor of the building hit. The damage in this building gives you a sense of the power of this attack. And they ve been cleaning up the rubble here, but we can still see some surgical masks and gloves and bandages as well. And you can probably hear the sound of drones flying overhead. This is a densely populated district here in central beirut. Hasan, who s a teacher, has lived in this neighbourhood for 2h years. There was no hezbollah presence here, military or civilian, he tells me. Hezbollah wasn t present here. These are some of the victims of the attack. They include one rescue officer and two paramedics. T
Senior Investment Strategist at Edward Jones here in new york. Were seeing a dent in risk appetite. The market is grappling with a variety of worries tensions in the Middle East, a Port Strike and election uncertainty. Do you expect to see volatility . Are there any opportunities . Yes, it is great to be here, and we are moving nicely thus far this year and we are moving nicely thus farthis year in and we are moving nicely thus far this year in the snp 500, up far this year in the snp 500, up nearly 20 . As you noted, youre heading into a choppy October Period and facing mounting walls of worry in the market, including the upcoming election on November The 5th and the ongoing Port Strike on the Eastern Seaboard as well as growing escalations and tensions in the Middle East. We say investors in markets should prepare for bouts of volatility ahead of a 20 rally also, that is a natural next step in terms of what might happen in markets. We are probably due for a period of pull back, but w
In terms of iran and the risk to exports directly out of iran, thats about 1. 7, 1. 8 million barrelS Per day. And obviously those, the Export Facilities in iran, are those probably at greatest risk in the aftermath of what happened on tuesday night. But i think, you know, weve had a muted reaction, partly because markets are still focussed on a comparatively weak chinese economy and expectations that the Oil Market more broadly next year is looking like it may head into surplus. So, you know, very much mixed messages at the moment coming out of the crude market. Lets go straight to New York and get the latest from our correspondent there, ritika gupta. We saw there prior to starting to rise once again, particularly off the back of those comments by president biden. Explain what he said. We are seeing biden. Explain what he said. Are seeing Oil Prices spiking after the back of president biden s comments, saying they are considering the possibility of israel launching a counterattack on