Dont adjust your tv sets. What youre seeing is real. Oil prices are falling and the more they fall, the more they fuel turmoil in america and around the world. 47. 43 a barrel in crude trading today. We havent seen a price this low since april of 2009. And then the world was in economic turmoil. Back then, there was a recession that sapped the worlds demand for oil. But todays story is very different. New supply, fueled in part by americas fracking boom, is out stripping the demand around the world. Ands is not so much a demand problem, but a supply problem. So far they have fallen 55 from june of 2014, and Industry Analysts warn that oil prices might have room to fall more below 30 or 40. You might be saying, im enjoying these low gas prices but im going to tell you the other side of the story. That hit u. S. Stocks that fell 1 in trading. Against this backdrop, the white house promised to veto any legislation in congress that gives the go ahead to the intentional keystone xl pipeline
Thousands of people in nicaragua and honduras to evacuate their homes. Light at the end of the tunnel the postponed Tokyo Olympics and paralympics will go ahead according to the ioc. Welcome to our viewers on pbs in america and around the globe. Everybody needs a bit of good news at the moment. We begin with more good news in the search for a covid vaccine. After Clinical Trials in the United States, the firm moderna says its vaccine is almost 95 effective. Its one of around 50 vaccines now being tested on people worldwide, and its success, along with sziers announced last week, raises hopes that others could also be effective. However, the World Health Organisation has warned that with cases surging in europe and the us, now is not the time to be complacent. Our medical editor fergus walsh reports. Another dose of hope and further evidence that vaccines will provide a way out of this pandemic. Thank you. Stunning early results from this trial, from Us Firm Moderna, have eclipsed the s
As the Un Security Council discusses tuesday miss are launched by north korea pyongyang fires to more it says in response to us lead naval exercises in the region. Ah, hello, im darn jordan. This is al jazeera la you from dough are also coming up the opec class group, which includes russia and saudi arabia is to cut Oil Production to boost prices. The u. S though says it will damage the global economy. President putin, formerly signs annexation of more parts of ukraine, but keeps forces continue to make ground and regions russia claims to control. And the United Nations gives the world a dia warning, a somalia faces a devastating ah, south koreas joint chiefs of staff and japans coast guard, say north korea as 5 to more Ballistic Missiles towards the east coast. A longer range weapon was launched by pyongyang just 2 days ago. U. S. Navys flagship Aircraft Carrier is returning to the sea of japan. The exercises with south korean forces. Un Security Council met on the wednesday, where th
A young young launch is 2 more missiles and as many days just as a Un Security Council each to discuss cheese days barring of a long range, ballistic way. Oh, im terry johnson. This is al jazeera, well i from day also coming up production down and prices up the Opec Plus Group agrees to cut oil production, the u. S. As the move of damage, the global economy. President Vladimir Putin signs off on the annexation of fort ukrainian regions. But his troops continued to lose ground. And United Nations gives the world a di warning, a samaya face, his famine. Ah, south koreas joint chiefs of staff in japans coast guards say north korea has fired 2 more Ballistic Missiles towards the east coast. A longer range weapon was launched by john young 2 days ago. The u. S. Navies, flagship aircraft carrier, is heading for the sea of japan for training with the south Korean Military. Shes days nuclear capable. Ballistic missiles fired by north korea was the 1st to fly over japan. In 5 years, United Nati
Vladimir putin formerly claims parts of ukraine as russian territory, but on the ground, Ukrainian Forces are making gains. Ah, good to have you with it. So im several benya. Youre watching l 0 alive from doha. Also coming up the opec plus the lions to sharply cut Oil Production to boost prices. The white house calls it a short sighted move that will hurt the World Economy with the u. S. And south korea conduct military exercises in response to a missile test by north korea. And al jazeera tours, the demilitarized zone, which acts as a buffer between north and south korea, was this, i have 3 priorities to our growth growth. Ah, the really foreign minister list for us defending her economic plan at a Party Conference in birmingham. So russian president Vladimir Putin has signed into law, the annexation of 4 ukrainian regions a week after referendums that the un called illegal under international law. But the kremlin control over those regions has shrunk, compared to when the votes were