Performance dividend. Live now to our middle east Business Correspondent sameer hashmi. Samir, Rhe Saudi State remains overwhelmingly aramco s biggest shareholder, so they remain the big winner in the aramco story. Well, thats right. They own around 90 of the company and the payout, the bulk of it, will go to the saudi government. If you look at aramco, every quarter they have been paying about 19. 8 billion of dividend. This time they have added another amount to that amount, because they said the cash flows are healthy and thatis said the cash flows are healthy and that is why they have decided to increase that overall dividend, which will be beneficial for the saudi government because it relies heavily on the Aramco Generating revenues for it, and that will help them in their Oil Diversification programme. They are these mega infrastructure projects, new tourist destinations. All this is being done keeping in that oil demand will decrease in years to come and they will have to come
A truce cant come soon enough. In rafah, another day of harrowing loss. Palestinians mourn for 20 members of the abu ansa family, killed in their beds by an israeli air strike, according to Hospital Officials and gazas civil defence. Among the dead, five month old twins, as old as the war. They were laid down gently with their relatives. Their mother spent ten years trying to have them and endured three rounds of ivf. Now all she can cradle is their baby clothes. I gave birth during the war, she says. It started on saturday, i gave birth next friday. I didnt get enough of them, i swear i didnt get enough. I have no one else, she says. They have gone with their father. We were sleeping, i swear. Israel continues to say it takes feasible precautions to lessen civilian harm. There were about 35 people in the house, says farouk abu ansa. Most were children. There were no fighters. The house collapsed on them, three or four storeys. In israel, too, families and anguish. Their loved ones tra
Unified Opec Plus Group d are particularly after and also someone left the cartel. Now were seeing that there and it also a sign that opec plus are really showing a strong defence of 80 a barrel floor in pricing. What theyve done here is really built a fence, surplus will keep the market in deficit with a view for demand and return more strongly in the second half allowing cuts to be unwound and actually deficits to be sustained through the course of the year, keeping that curve, keeping prices elevated. Is this cut priced in then or are we likely to see a bit of impact on brent prices . We have already seen thejump in the immediate aftermath of this. There is already uncertainty as to how this plans out but a structurally bullish outlook for the rest of year where, if demand does recover, Particularjet Fuel and some emerging economies in the second half, sustained deficits on top of what was on already precarious with stocks and on geopolitics. But, if the market does end up being wea
Riley gaines has told fox news bottles are being thrown. Protesters are spitting in peoples faces. Profanity being yelled at children. Severe storms now being blamed for at least two deaths in the southeastern united states. More than a million homes and businesses have lost power, possibly tornadic activity across the south. There is danger out here. Trees in the middle of the road. Virtually all Commodity Prices are rising right now. Gas prices, up 30 cents in the last month. Diesel is up 34 cents. I am so tired of feeling helpless as a parent but there is a difference between struggling and drowning. Ainsley we begin this hour with this. President biden is on the road in arizona today. But he cant shake criticism of his sons growing scandals. Brian right. Just ignores it. His trip out west comes as we learn hunters long time Business Partner visited the Obama White House and vps residence much more than previously reported. Steve Gillian Turner joins us live from the white house whe
Taxes. The obr is likely to lower the estimate of how much room he has, and that is probably an over estimate anyway. So he has very little space. He could opt for different things. It looks like hes going to concentrate more on their household than all businesses, therefore two major taxes, one is income tax, other is National Insurance contribution. Income tax is our broader tax and it would cost him more money whereas National Insurance contribution focuses on people at work and would cost him a little bit less. Having a bit less money to play with, like that give as a clearer sense of the conservative priorities here because we know there might be an election coming . It is actually who that money goes to, where they want to target votes . That who that money goes to, where they want to target votes . Want to target votes . That is a very aood want to target votes . That is a very good question want to target votes . That is a very good question because want to target votes . That