first it was saudi arabia which announced it was cutting its production by one million barrels per day from august. then russia said it was cutting its production by half a million barrels per day from august too. the cuts mean global supplies will be reduced by around 1.5%. let s go live now to our middle east business correspondent, sameer hashmi. it doesn t sound like a lot, 1.5%, but it could have big implications. explain how important these two players are. explain how important these two players are- explain how important these two -la ersare. , ., ~ ., players are. let s talk about saudi arabia, the players are. let s talk about saudi arabia, the largest players are. let s talk about saudi arabia, the largest export - players are. let s talk about saudi arabia, the largest export in - players are. let s talk about saudi arabia, the largest export in the l arabia, the largest export in the world. these cuts were announced last month and they were not announced as
beliefs. another day of decisions split 6-3 showing deep divisions at the nation s highest court in an opinion by chief justice john roberts the majority struck down the biden administration s plan to wipe out $430 billion until student loan debt. quote, we hold today that the act allows the education secretary to wave or modify existing statutory or regulatory provisions applicable to financial assistance programs under the education act. not to rewrite that statute from the ground up. the dissenters led by justice kagan argued the secretary did have that power. quote the statute read as written gives the secretary broad authority to relieve a national emergency s effect on borrowers abilities to repay their student loans. president biden who has repeatedly vowed to wipe out student loan debt while conceding he may not have authority blasted the court and promised to find other ways to benefit borrowers. i think the court misinterpreted the constitution. in today s oth
hearing from tata steel, which owns the steelworks in october, it is bad news for the thousands of people who work at that steel facility. we have just been told that tata steel plans to close both remaining blast furnaces at the steelworks and that could come at the cost of 3000 jobs. clearly something which will devastate the local community. stay with us on bbc news for more updates on that story. tata steel says they will close the remaining port talbot blast furnaces at the steelworks with potential loss of up to 3000 jobs. news coming to us from bbc sources, ratherthan jobs. news coming to us from bbc sources, rather than confirmed by tata steel themselves. the unfolding issues around attacks on cargo ships by houthi rebels from yemen, warning from the world trade organization that it could affect developing countries the hardest. today the us has launched a fourth round of air strikes against the rebels, the us military said it targeted missiles that could be intended
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