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Transcripts For BBCNEWS Newsday 20240704

To the us, and made his way to the Demilitarized Zone which separates the two koreas before running to the northern side. Pyongyang has now claimed private king was driven to come to north korea because of inhuman maltreatment and Racial Discrimination while serving in the us army. And the State News Agency goes on to claim that private king has admitted to crossing illegally, and has asked for refuge in the north. It is the first time north korea has knowledge detaining the soldier. The claims have not been verified, and in a Press Briefing the white house has urged people to be mindful of where the statement was made when considering its validity. We when considering its validity. Would caution everyo consider we would caution everyone to consider the source here. That is incredibly important as we are killing the report. We cant verify the comments that are being attributed to private king obviously. We remain focused on his safe return for the past several weeks and we are working

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Transcripts For BBCNEWS BBC 20240704

There are also interesting developments at sea where since the collapse of a major agreement last month that allowed ukraine to export grain through an agreed route through the black see it then announces humanitarian corridor without any kind of acknowledgement from russia which has continued to target commercial vessels. Yet we have a cargo ship leave the port of edessa this morning. It had been trapped there since before the invasion, and it continues to make its way south towards turkiye. There are some in the insurance and Shipping Industry that are rightfully nervous about this because russia enjoys quite a lot of dominance on the southern ukrainian coast. It uses its vessels to blockade ukrainian ports. And yet this vessel seems to have made its way through. More could follow but there is a big if here on whether russia decides to leave the vessels alone and it is a big if because it continues to strike ukrainian ports with drone strikes. As the war in ukraine continues, a bbc i

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Transcripts For BBCNEWS Newsday 20240704

Its been four weeks since he apparently evaded an order to fly back to the us, and made his way to the Demilitarised Zone which separates the two koreas before running to the northern side. Pyongyang has now claimed private king was driven to come to north korea because of inhuman maltreatment and Racial Discrimination while serving in the us army. And the State News Agency goes on to claim that private king has admitted to crossing illegally, and has asked for refuge in the north. It is the first time north korea has Knowledged Detaining the soldier. The claims have not been verified, and in a press briefing, the white house has urged people to be mindful of where the statement was made when considering its validity. We would caution everyone to consider the source here, that is incredibly important, as we are hearing the report. We cant verify the comments that are being attributed to private king, obviously. We remain focused on his safe return to him as we have been saying for thes

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Transcripts For BBCNEWS Asia 20240704

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

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Transcripts For BBCNEWS Asia 20240704

Its also a sign that opec plus are really trying to a strong aid for pricing. What they have done is defence surplus which was otherwise in deficit. Allowing parts to be unwound and actually deficits to be suspected, keeping prices elevated. Suspected, keeping prices elevated suspected, keeping prices elevated. ~ , elevated. Are we likely to see a bit of an elevated. Are we likely to see a bit of an impact elevated. Are we likely to see a bit of an impact on elevated. Are we likely to see a bit of an impact on britain i a bit of an impact on britain prices . A bit of an impact on Britain Rices . ~ ,. ~ prices . Weve seen them market um , prices . Weve seen them market um, but prices . Weve seen them market jump. But this prices . Weve seen them market jump. But this is prices . Weve seen them market jump, but this is a jump, but this is a structurally out. If demand doesnt recover, were looking at sustained deficits what is a precarious situation with stocks and on geopolitics. But i

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