Impact of these floods. The flooding so far in the month ofjuly is estimated to have cost around 25 billion usd. And of course the season for these sort of extreme weather events is not yet over. August and september, historically, have also often had Severe Weather events, such as typhoons and floods, as well as drought. Last year, china was also hit by a very severe drought. So what were seeing is increasing impact of Severe Weather events on china. And this is, of course, linked to rising temperatures globally. Climate change is very much linked to what were seeing at present in china and in recent years. And theres a lot of concerns that as Global Temperatures rise further towards that global target of one and a half degrees centigrade, that the impact and economic costs of these Severe Weather events will actually increase significantly further. So in your view, should there be more investment in infrastructure in order to prevent devastations that we saw . I think, given the expe
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
For people still missing in the channel. A joint operation for people still missing in the channel. Ajoint operation has rescued 51 others. We can get more on this. Whats the latest that you can bring us . On this. Whats the latest that you can brin us . ,. , can bring us . This incident happened near the french can bring us . This incident happened near the french coast. Can bring us . This incident happened near the french coast. It can bring us . This incident happened near the french coast. It happened i near the french coast. It happened very early this morning. A French Naval Patrol Vessel was out patrolling the french coast this morning and discovered this boat struggling, sinking, many people on board. We know six of those people had died after some of them were ferried away in helicopters or boats. One french helicopter, four french vessels and to rnli british lifeboats have been. Its in french waters but of course with incidents of this nature, lifeboats will be sent from whe
History at stake for the lionesses, who come from behind to believe beat columbia, and make the final four of the womens world cup. Imean as i mean as a team we are in a great place, feeling really confident, beat australia for The First Time. First game of the season against Nottingham Forest. Harry kanes new home. The england captain officiallyjoins Bayern Munich 7 but says its not a goodbye to tottenham fans. Also coming up on sportsday. St helens make history, the first womens side to win the Challenge Cup at wembley. And in the mens glory to Leigh Leopards and in a class of his own 7 tom pidcock claims the Mountain Bike Cross Country world title. Hello there 7 and welcome along to the programme. A first ever womens World Cup Final is edging closer for englands lionesses, after they got the better of colombia to make the semi7finals of the tournament. And they to claw their way back, after going behind. But Alessia Russos goal proved the difference. Our Sports Editor dan roan repor
Regional expert who explained the Economic Impact of those floods. ~ ,. , . ,. , floods. While youre flooding so far in the floods. While youre flooding so far in the month floods. While youre flooding so far in the month of floods. While youre flooding so far in the month ofjuly i floods. While youre flooding so far in the month ofjuly is| so far in the month ofjuly is estimated to have cost around 25 Billion Us Dollars then of course the season for these sorts of extreme weather events is not yet over. August and september historically have also often had Severe Weather events, such as typhoons and floods, as well as drought last year china was also hit with a very severe drought. So what we are seeing is increasing impact of Severe Weather events on china and this is, of course, linked to rising temperatures globally, Climate Change is very much linked to what we have seen at present in china and in recent years and there are a lot of concerns that as Global Temperatures rise furthe