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Transcripts For BBCNEWS World Business Report 20240706

let s now get down to business. we start with energy as more eu caps on russian oil have come into effect. the price of premium products, primarily diesel, is being capped at $100 a barrel, while low end products, including fuel oil, will be capped at $45. other oil product imports are banned completely from today. the price cap is designed to limit moscow s ability to fund its war in ukraine. enforcement relies on prohibiting insurance and shipping companies from dealing with russian cargo, unless it was bought at or below the set price. i have not got viyella davis to talk about this instead i do have another guest. joining me now is spencer welch, oil analyst with s&p global. we have been talking about eu caps and bounce, what has changed today? changed today? there is essentially changed today? there is essentially three - changed today? there is. essentially three different mechanisms that have been put in place in the last two months. on the fifth of december, the eu

Transcripts For BBCNEWS Newsday 20240706

as the premier league charges the club with more than 100 breaches of its financial rules. live from our studio in singapore, this is bbc news. it s newsday. hello and welcome to the programme. rescue operations are under way across much of southern turkey and northern syria, following a huge earthquake that has killed at least 3,500 people. rescuers are racing to save those trapped beneath the rubble and people have spent the day digging with their bare hands. the first earthquake struck in the early hours of monday morning, while people were asleep. the epicentre was near the turkish city of gaziantep, which is near the border with syria, and measured a magnitude of 7.8. the second earthquake measured 7.5 magnitude and hit 130 kilometres to the north of the first. millions of people across turkey, syria, lebanon, cyprus and israel felt the earthquake. the united nations has called for an international response to the earthquakes. world leaders have pledged to send aid. but

Transcripts For BBCNEWS Newsday 20240706

next to the river wyre, nine days ago. and who ll claim the major prizes at this year s grammy awards? all you need to know about music s biggest night. it s 7am in the morning in singapore, and 1am in kyiv where reports say the country s defence minister oleksii reznikov will be dismissed and replaced with the head of military intelligence. it is suspected reznikov, a loyal ally of president zelensky, will be moved to a different ministerial position with ministry ofjustice named as a possible direction. in recent weeks, ukraine s defence ministry has been embroiled in a corruption scandal over an army food contract, with one of deputy ministers fired and named a suspect, and another resigning voluntarily. reznikov became defence minister several months before the invasion. during the war, he fostered relationships with western defence officials and helped oversee the receipt of billions of dollars of military assistance. with us now isjonathan marcus, a defence analyst an

Transcripts For BBCNEWS BBC News 20240706

in london, as predicted, harry styles is one of the night s big winners, with four awards, including the much coveted album of the year. hello and welcome to bbc news. the world health organisation says that almost 26 million people have been affected by the earthquakes that struck turkey and syria. the number confirmed dead has passed 28,000. on a visit to southern turkey, the un aid chief, martin griffiths, said there was an urgent need for medical assistance, as well as food and shelter for survivors. now rescue efforts are being hampered by a worsening security situation in southern turkey, including reports of looting and clashes between unnamed groups. more than 100 people have been detained across the 10 provinces affected by the quakes, with thejustice ministry ordering officials to set up so called earthquake crimes investigations units. 0ur correspondent, nick beake, is in gazientep. minor miracles are still happening, even after all this time. a five year old girl

Transcripts For BBCNEWS BBC News 20240706

the object was flying at an altitude of 40,000 feet and posed a reasonable threat to the safety of civilian flight. us northern command is beginning recovery operations now. and harry potter comes to the world of video games but will the hogwarts legacy be tarnished by protests against the authors views on transgender issues? welcome to our viewers on pbs in america and around the globe. fears are growing for the hundreds of thousands of people in turkey and syria in need after monday s devastating earthquakes. some are living in makeshift shelters and cars in freezing conditions, and there are warnings that aid is not reaching areas fast enough. more than 23,000 people are now known to have died. 0ur correspondent quentin somerville has been to antakya, a city which has seen some of the worst devastation in all of the country. he s been with rescue teams who have been working round the clock but who now fear that time is running out to find people alive under the rubble. in

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