For 15 years. The Labour Party is holding its first annual conference since its landslide general Election Win in liverpool. Despite delegates celebrating the partys electoral success, ministers will be urging Party Members to prepare for more tough decisions in next months budget. It come after Downing Street said that the prime minster, his deputy and the chancellor will no longer accept any donations for clothing following Growing Criticism over gifts from party donors. Our political correspondent Iain Watson has this report. Labour returns to liverpool for its annual conference, but with one big difference. Last year they were in opposition, and now they are in government after a landslide Election Win. Delegates will want to celebrate but they will hear sobering messages from ministers. They will be told the foundations of the economy needs to be fixed, and that means more difficult decisions lie ahead. And if that hasnt made the bubbly go flat, what about this from labour togethe
Welcome back. Before we get into our other stories, let me give you a summary of some of our main lines in the middle east. As Cross Border attacks between Hezbollah And Israel continue, lets bring you some live pictures from the border between Israel And Lebanon. Lebanons Prime Minister has cancelled his trip to the Un General Assembly according to reports in the last half hour. Thats after israeli attacks, including the Pager And Walkie talkie explosions. He made the announcement in a statement a short time aGo. The Un General Assembly is due to start on september 28th. We also heard earlier from the us national security adviserjake sullivan, who said he was worried about escalation between Israel And Lebanon but when he was asked about the Isralie Strik Targeting hezbollah commanders, he said, its a Good outcome when people are brought tojustice. A reminder that hezbollah are designated a Terorrist Organisation by the us and other western nations. Human rights chief Volker T Rk has
Hello, im Karin Giannone. Israel has been carrying widespread attacks on Southern Lebanon with fighter jets, as The Us warns the risk of an escalation in fighting between Israel And Hezbollah is acute and real. These are the latest pictures weve received, showing explosions lighting up the Night Sky in Southern Lebanon. Saturday has seen cross Border Fire between israel and the iranian backed lebanese group, hezbollah throughout the day. And those attacks have continued into the night. The Israeli Army says its using dozens of fighterjets and striking extensively after it learnt that hezbollah was preparing to launch a large Scale Launch against israel. Lebanons Health Ministry now says 37 people, including women and children, were killed in fridays israeli attack on beirut. Rescue workers have been searching through the rubble of a high Rise Building that was targeted in the attack. Hezbollah has confirmed two of its senior commanders were killed in the strike. The us national Secu
Leventhal and liz young. Liz, is this all about stimulus or are were genuinely concerned about these cases were seeing in europe . And, by the way, were doing a lot of cases here every day, too. I dont think its all about stimulus but were in the middle of a really heavyweight news cycle and its not allowing us to look out any further than about 30 days at a time. Ultimately in 30 days time the market is lower than today just on monday the s p was up 5 month to date. That didnt make common sense. Were in the middle of a highly c contentious market season and were still waiting for stimulus in the short term i think we should see a pull back here but in the longer term and even in the next three to four months, some of the fear around a blue wave has been a little overblown and the market has to weigh the two sides. On one side we might see higher tax ees and stronger regulation and on the other side some of the tariffs may be rolled back as an investor, even if we have a pullback in th
The first is political. Irans government is built around Ayatollah Khamenei and present rouhan a setup thats viewed with suspicion by the u. S. , israel and saudi arabia in partular. Iran is also embroiled in longrunning proxy wars in syria and men. Then theres the economy. Strict u. S. Sanctions have left iran in dire economic straits. Flging oil renues, risg flation, ression, ev before the pandemic, the economy was struggling. Now, its hit rockbottom. And then, theres the health crisis. Iran was one of the first countries outside china to face high Coronavirus Infection figures. Six months later, the virus is still not under control. How are iranians coping with all ofhis . After every customer, hamid disinfects his car inside and out. He tells us that no one would get into his taxi otherwise. Despite this, most people are still avoiding taxis for fear of getting infected. Business is bad. Today, hamid will drive us around tehran all day. Finally, a good assignment for him. I have a