Im lukwesa burak. We start here in the uk because the uks national debt is on course to triple over the next half a century. Thats the warning from the governments official forecaster, the office for budget responsibility. An ageing population, climate change, and rising geopolitical tensions will all put increasing pressure on the Public Finances according to the 0brs report. And it says without extra Tax Revenues or a return to post War Productivity levels, the Public Finances are not sustainable over the long term, and something has got to give. Uk national debt is currently at almost 100 of the size of its annual Economy Output or gdp. The 0br says its Base Scenario is a national debt of 274 of gdp in 2071. Risks from war, disease, cyber Conflict And Trade tensions could push that even higher. By 2071, the 0br expects the uk to be spending more than £200 Billion extra per year on things like health, Social Care and pensions. The chair of the 0br Richard Hughes spoke to the bbc ear
Covert 1000 locked down measures. President Joe Bidens Administration signals a more assertive approach to the conflict in libya on turkish and Russian Forces to leave immediately. And claims of contaminated communities in the geria dutch court is expected to deliver its verdict against oil giant shell. So we begin with news of another Coronavirus Vaccine that could soon enter circulation late stage trials of the u. S. Produce novaks vaccine show it to be almost 90 percent effective and shown promising efficacy against both the u. K. And to a slightly lesser extent South African strains of the virus meanwhile the head of the European Commission says drug maker asked as zeneca has not given a plausible explanation for delaying is deliveries after the block leaders demanded an inspection of their plant in belgium and Germany Health officials have warned that the astra zeneca vaccine should only be given to people under the age of 65. 00 saying there isnt enough data on older people but i
Into work this morning that could definitely slow you down a bit and results in lower visibility of that splashes on your vehicle looking outsider mount tam camera here you can vaguely make out the city lights down below it looks like of the east bay in the distance in sausalito down right there at the bottom of the camera what we are going to be seeing today is eventually a calmer picture this morning. We still are in the midst of some isolated showers that are falling San Francisco in the peninsulas calm down but we are still looking at some areas of rainfall out there across the car keen is especially so from concord on up across the benicia bridge through benicia and eventually up 80 between the lay how in fairfield is where we are looking at some of our most intense rainfall right now some pretty good showers stretching south towards walnut creek in danville as well little bit calmer towards oakland you do have some light showers out that direction the east bay around fremont also
The priest and the whole trust changed to me thesis listen to our podcast on the green fence. Story so that people for d. W. I. On facebook and twitter up to date and in touch follow us. Its not quite gave over yet for a game stop small investors out have reserved reverse their bad on buying up the stock at the end of a wild week on wall street. Also on the show africa could get caught in the middle of a vaccine tug of war as the e. U. And china try to cement their influence on the continent. And normally the World Economic Forum Meeting is a gathering of the elite at a swiss ski resort this year it was entirely digital we look back at the top stories from the meeting. This is the w. Business im done now the one in berlin glad you can join us. Game stop stop is rising again after it following a ban on buying the shares on some Trading Platforms now at least some of those curbs have been lifted its just the latest twist in the thriller thats captivated the finance world shares in game s
Nearly 90 percent effective against covert 90 in china says it will no longer recognize a special british passport issued to people in hong kong and accuses the u. K. Of political interference and. Communities in nigeria a dutch court is expected to deliver its verdict against Oil Giant Shell this hour. With your support of the 14 days of quarantine the worlds top tennis court in australia and friends were. Welcome to the news hour the European Union is expected to give astra zeneca kovan 1000 Vaccine Limited emergency approval in the coming hours now thats despite a growing dispute between the blog and the company about a short. Of supply so the e. U. Says the vaccine maker has breached its multimillion dollar contract it was expecting at least 80000000. 00 doses by the end of march but astra zeneca cut supply a week ago blaming manufacturing issues now on thursday brussels warned it may have to ban exports of vaccines produced on the continent to protect stock and its questioned why