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Transcripts For BBCNEWS Verified 20240705

in the red sea. he will also know that yemen is one of the poorest countries of the world, suffered a massive humanitarian crisis with over 21 million people in need of support. can i ask the prime minister what will he do to ensure that they are not engulfed all over again particularly the civilians of yemen in hamas humanitarian catastrophe? yemen in hamas humanitarian catastmphe? catastrophe? can i thank my honourable catastrophe? can i thank my honourable friend catastrophe? can i thank my honourable friend are - catastrophe? can i thank my i honourable friend are amazing catastrophe? can i thank my - honourable friend are amazing and incredibly important point and reassure her and the house, and she will know this from my own that we are steadfast in our support of the yemeni people as one of the largest donors of life saving aid to the un appeal and we ve also committed £88 million in this forthcoming year, over the last several years we ve committed £1 billion a

Transcripts For BBCNEWS Asia 20240705

our business correspondent erin delmore reports from new york. after a panel blew off a boeing 737 max ninejet operated by alaska airlines mid flight on friday, the faa grounded more than 170 other max mines. upon inspection, united airlines found problems with more doors, loose bolts on at least five panels in otherjets of that model. the news was reported by the industry publication air current. united said in a statement that the company, quote, found instances that appear to relate to installation issues in the door plug, for example, bolts that needed additional tightening . that s since saturday when preliminary inspections began. the company also said that these findings will be remedied by our tech ops team to safely return the aircraft to service. boeing shares fell 8% on monday and the incident returned scrutiny to the company after the 2019 grounding of 737 max jets. united and alaska airlines are the two largest operators of the model that s been grounded. inspec

Transcripts For BBCNEWS Asia 20240706

through those routes. 0vernight, oil prices dipped, but will it last? for a closer look at the energy markets, let s speak to rebecca babin. she is a senior energy trader at cibc private wealth. great to have you on the programme. how much other concern is this price rise? 50 how much other concern is this price rise? ~ how much other concern is this price rise? ~ , . rise? so i think the concern right now is really rise? so i think the concern right now is really kind rise? so i think the concern right now is really kind of now is really kind of concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal, what it is concerned with right now and the reason it has risen 6%, is because the shipping costs associated with travelling around the southern tip of africa to reach its destination as around 15 days of travel time. it increases freight costs. and it has inc

Transcripts For BBCNEWS Asia 20240706

i think the concern right now is really kind of concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% is because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it increases freight costs. and it has increased insurance costs. so that is what the market is pricing and looking at this point. the market has not entered a panic mode, as we ve seen in the past with other geopolitical events, where it starts to price in supply is lost from the market. right now, it is a logistical re routing, what we are seeing, and not kind of that panic and fear that we are going to lose barrels. that obviously can change very rapidly, and we have seen that obviously can change very rapidly. the venezuelan president nicola

Transcripts For BBCNEWS BBC News 20240707

and more than 60 years after its first flight, the uk s last airworthy vulcan is looking for a new home. hello and welcome to bbc news. we ll start in somalia, where security forces say they re searching a hotel in the capital mogadishu for explosives after ending a 30 hour siege by islamist militants. at least 13 people died at the hayat hotel during the attack, but officials warn that number could rise further. al shabab militants stormed the hayat hotel on friday. emily brown reports. gunfire. the crackle of gunshots penetrating the mogadishu air. a crumbling hayat hotel in the somali capital under attack after it was stormed by an islamist militant group on friday night. al shabab attackers detonated at least two bombs outside the hotel before making their way in. the deadly siege lasted for 30 hours. the hotel is known for being popular with journalists and politicians. gunmen held hostages inside. some were rescued. many needing hospital treatment. al shabab is the main

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