Transcripts For BBCNEWS World 20240703 : comparemela.com

Transcripts For BBCNEWS World 20240703



to be working, because hit shows like witcher helped it retain its current customers while new pricing options on offer, including a less expensive streaming plan with adverts helped it to gain new ones. many shareholders are excited about this new advert supported model. the streaming giant has said it was a priority for the company to win over advertisers. netflix plans to roll out more new products in the months ahead. next year, members, for example, who love to binge might get served an advert that says something like, "the next episode is commercial free made possible by such and such a brand." netflix also raised the price of its basic and premium options in the us, the uk and france, counting on committed viewers who hate adverts. still, the quarter hasn't been without its challenges — like the ongoing actors�* strike here in america. netflix said it spent less on content this year as a result of the walk—out. jeremy goldman is from insider intelligence in new york. he told the bbc that netflix is on a roll. there are a lot of really good indications for the future of the company. in part, just the fact that they've been able to increase the awareness of the fact that they have different types of plans for different customer bases. i would say that there is a lot of different indicators, very early on, that this was not hurting them the way that some had feared, and i think that that actually bodes well for the company in the long run, right? because they've been able to essentially crack down on this without losing people, that people feared just weren't going to pay a certain amount in order to share an account. the food and drinks giant, nestle, has reported a fall in its sales volume in the first nine months of the year — as shoppers respond to higher prices. the company increased its prices by 8.4% over the period — part of a wider pattern of high inflation. in europe, total sales were slightly up, but that's more a consequence of rising prices than sales volumes, which have fallen. let's cross live now to michael field, who's european equities analyst at morningstar. michael, lovely to have you here on the programme. this is primarily inflation that has dictated what has happened in nestle, and certainly the european arm of nestle? yes, i think that is right for the most part, that inflation has been hitting these companies hard for the last year, inflating their cost base and increasing the price of goods they are trying to sell to market. and they have been forced to some degree to try to pass these price increases prove they want to survive and retain there grading merchants. you mention the price decreases, but if you look at europe, they had to increase prices by 11% or so which is quite stark. it increase prices by 1196 or so which is quite stark-— increase prices by 11% or so which is quite stark-— is quite stark. it is ultimately a trade-off. _ is quite stark. it is ultimately a trade-off. so _ is quite stark. it is ultimately a trade-off, so you _ is quite stark. it is ultimately a trade-off, so you risk- is quite stark. it is ultimately a trade-off, so you risk losing i trade—off, so you risk losing volumes as you mention, but at the same time, you want to push those price increases through. 50. same time, you want to push those price increases through.— price increases through. so, how is it, we price increases through. so, how is it. we have — price increases through. so, how is it. we have two _ price increases through. so, how is it, we have two outlays _ price increases through. so, how is it, we have two outlays in - price increases through. so, how is it, we have two outlays in these . it, we have two outlays in these figures, first off, nestle india have managed to exceed expectations on volume and sales. haunt have managed to exceed expectations on volume and sales.— on volume and sales. how have they done it? ithink_ on volume and sales. how have they done it? i think they _ on volume and sales. how have they done it? i think they are _ on volume and sales. how have they done it? i think they are really - on volume and sales. how have they done it? i think they are really in - done it? i think they are really in the sweet spot in india, really taking advantage of that is burgeoning middle class that is happening there, and even though the prices of basic goods have increased in that region, like oil, you have this kind of middle class that are still willing to splurge on those kind of little luxuries like chocolate and biscuits, etc, and it sounds simple, but that is naturally what has driven a lot of the results there. �* ., ., , there. and the other outlier is the petco section _ there. and the other outlier is the petco section of— there. and the other outlier is the petco section of nestle's - there. and the other outlier is the | petco section of nestle's business. —— that is actually what. people are willing to spend on their pets but not necessarily families. what willing to spend on their pets but not necessarily families.- not necessarily families. what is coin: not necessarily families. what is auoin on not necessarily families. what is going on there? _ not necessarily families. what is going on there? it _ not necessarily families. what is going on there? it sounds - not necessarily families. what is i going on there? it sounds strange but if you look at structural trends over 30 years, people having less kids and they do have more discretionary income. itjust went up discretionary income. itjust went up in the last year or so, but they are more willing than ever to have pets and to actually spend proper money on those pets buying them good quality food, and nestle had really expanded their offering in that area, and they are really taking advantage of that situation now, i think, and it has paid off for them. and finally, emmanuel macron had criticised nestle during the summer, notjust nestle, but i think another business as well, for not passing on lower costs to their consumers. haifa lower costs to their consumers. how did they respond _ lower costs to their consumers. firm-o" did they respond to lower costs to their consumers. how did they respond to that? you are right, unileverwas did they respond to that? you are right, unilever was the other one he took aim at in the summer as well. the french have been particularly, i will not use the word aggressive, but they have sat down with retailers, food manufacturers in france, and try to get together with them and get a commitment to lower crude prices as these decreases come through the supply chains, and it is the multinationals that have been less willing, and surprisingly, to sit down, and he is really causing out for that. —— unsurprisingly. i out forthat. —— unsurprisingly. i think out for that. —— unsurprisingly. i think what they are really waiting for is to see inflation fall in their supply chains before they commit to anything. whether that happens and how that happens will really become evident in the next couple of quarters, and you can probably see him taking aim again, if he doesn't see those prices fall commensurately with the cost increases falling.— commensurately with the cost increases falling. commensurately with the cost increases fallina. , , ., ., increases falling. yes, they do have a vast portfolio. _ increases falling. yes, they do have a vast portfolio. thank— increases falling. yes, they do have a vast portfolio. thank you - increases falling. yes, they do have a vast portfolio. thank you very - a vast portfolio. thank you very much indeed. staying with nestle, the company says it will close a baby milk factory in ireland because a falling chinese birth rate has reduced demand for the product. the facility, which operates as wyeth nutritionals ireland, makes products almost entirely for the chinese market. the closure of the plant in county limerick, will mean more than 500 job losses. in the ev sector, the electric car maker, tesla, has disappointed its fans on wall street. the company's shares have more than doubled this year on optimism about its future prospects. but now, it's revealed earnings in the past three months were lower than investors were expecting. and its profit margins were their lowest in more than four years. here's our business reporter, david waddell. in recent months, tesla has been forced to cut prices on several of its models, recognising the growing competition from a wider range of competitors entering the ev marketplace. the company's managing director, elon musk, has warned that high interest rates are having an impact on affordability for potential customers. he said the business is holding back plans for a big factory in mexico as it weighs up the economic outlook. tesla is sticking to its production target of 1.8 million cars this year. but analysts warn it may have to cut prices even further to do that. there are particular challenges with the cyber truck, the pick—up vehicle due to hit the roads next month. elon musk said on an earnings call, "we dug our own grave with cyber truck," pointing to challenges in ramping up production. tesla says its average revenue per vehicle has fallen by nearly 11% from a year earlier. but also that its energy and service businesses had become a meaningful contributor to the bottom line. bringing in half a billion dollars in profit in this past quarter. tesla's challenges compound other headaches for elon musk, who acquired twitterjust under a year ago. now rebranded as x, it is thought to be worth just a fraction of the purchase price of $411 billion. david waddell, bbc news. here in the uk, �*welsh water�* has admitted illegally spilling untreated sewage at dozens of treatment plants for years. the admission came after the bbc presented the water company with analysis of its own data. welsh water says it is working to tackle the problems and does not dispute the analysis. more now on china's �*belt and road initiative'. that's president xijinping's ambitious trillion dollar programme that has brought new infrastructure to more than 100 countries — most of them in the developing world. one of the most recent is a high—speed railway in indonesia. nick marsh has more. this is the fastest train in all of south—east asia. it is certainly faster than any train in the us or the uk. right now, i am injakarta and i'm heading to bandung. if we were driving, it would take about three hours, but with whoosh, it will take about 45 minutes. but actually, this really wasn't supposed to have been built by china. japan, with theirfamous shinkansen rail system, they were the heavy favourites to win the bid. they said that they would finance the project at basically 0% interest, but they did need a guarantee from the indonesian government that they would step in with money if anything went wrong. but then china came in with a counter—offer. they said we're going to build this cheaper, we'll build it quicker, and we don't need any guarantee from the indonesian government. but they did want 2% interest on their loan. well, indonesia picked china to many people's surprise, but in the end, this project is three years later, it is $2 billion over budget, and the interest rate has gone up to 3.4%. oh, and the indonesian government did have to fork out some money in the end. we are in bandung. it was pretty fast, i have to say, and to be fair, this isn't the first railway line in the world that is late or over budget. countries like indonesia are hungry for infrastructure and china can provide that infrastructure. when it goes well, it is a win—win. the problem is that when things don't go according to plan, the risks, political, economic, environmental, they do seem to be a bit one—sided. but that simply something that indonesia was willing to accept when itjumped on the bri train. so how significant is this project? here's nick again with more on that. it is a big deal. you can see how popular it is already. these people are about to get on to the next train. we have had people coming up to us saying how proud they are that indonesia has got the fastest train in the world outside of china. all this morning, people have been taking pictures, taking selfies. so there is enthusiasm for this project. obviously this is a chinese—backed belt and road initiative project. there are not many of them in the world that come without controversy. i think the main thing in indonesia is whether the country actually needs this. the tickets are really expensive, it costs five times as much to travel by train to bandung than it does with the bus. the stations are really far out of the city centre. i have seen that from personal experience. even the indonesian government admits that even with really strong ticket sales, best case scenario, it will take them decades and decades to break even. you have got people who are uneasy with the idea of china dictating terms, taking out bigger loans from china, that sort of thing. that is it from old business reports. due to stay with us because we have plenty more coming from tel aviv. —— do stay with us. for now, goodbye. it may look like a small circle of paint, but for many former cancer patients, it is the missing puddle piece. —— puzzle piece. the real prize is using her skills to help people who have undergone huge physical changes as a result of surgery. it physical changes as a result of surue . , ., ., surgery. it is vital for those men and women _ surgery. it is vital for those men and women who _ surgery. it is vital for those men and women who fought - surgery. it is vital for those men and women who fought breast . surgery. it is vital for those men - and women who fought breast cancer to have this final step, to feel themselves a hole. this woman from lincolnshire was diagnosed with breast cancer in 2021 and had a double mastectomy.— breast cancer in 2021 and had a double mastectomy. after my double mastectomy. — double mastectomy. after my double mastectomy. i _ double mastectomy. after my double mastectomy, i was _ double mastectomy. after my double mastectomy, i was left _ double mastectomy. after my double mastectomy, i was left of _ double mastectomy. after my double mastectomy, i was left of no - mastectomy, i was left of no nipples. _ mastectomy, i was left of no nipples, and it was something that i thought. _ nipples, and it was something that i thought, 0k, it is fine. ifelt normal_ thought, 0k, it is fine. ifelt normal having a reconstruction and i was happy— normal having a reconstruction and i was happy with that. as time went on, was happy with that. as time went on. it_ was happy with that. as time went on. it sort— was happy with that. as time went on. it sort of— was happy with that. as time went on, it sort of grates on you a little — on, it sort of grates on you a little bit _ on, it sort of grates on you a little isit-— on, it sort of grates on you a little lsit-— on, it sort of grates on you a little bit. ,, ,. ., ., ., little bit. she discovered and are offerin: little bit. she discovered and are offering the _ little bit. she discovered and are offering the service _ little bit. she discovered and are offering the service privately - little bit. she discovered and are offering the service privately in l offering the service privately in chester and made the five—hour round trip of the treatment, which cost £600 for a pair of tattoos. ijust feel completely, i can look in the mirror and look normal, not that i stand here everyday and do that. but i did to stand here everyday and do that. emit i did to start with, because i'm happy with it. hello, this is your updates from the bbc sport centre. we start with the conflict in israel and gaza and its impact on sport. the algerian football federation has announced its suspending all football competitions and matches in solidarity with the palestinian people. their announcement comes just three days after algeria had agreed to host the palestine national team's forthcoming matches — following a request from the palestinian fa. the algerian fa have not given a date for when football will return. last week, uefa postponed all football due to be held in israel, including a european championship qualifier. liverpool forward mohamed salah has called on world leaders to do more to stop people being killed in the conflict. the egyptian international said aid to gaza must be allowed immediately, after hundreds were killed at an explosion at a hospital on tuesday — something which salah described as horrifying. i want to thank you for your solidarity, you're clear, unwavering support from the this war began. i think the fact that you came to israel tells us a lot. i said to president biden yesterday that there is one thing more heart—warming than standing with israel, it is standing in israel, and the fact that you came here to do that is a very strong statement of support which we deeply appreciate. chancellor schultz who also visited here called hamas the new nazis. he was

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Transcripts For BBCNEWS World 20240703 : Comparemela.com

Transcripts For BBCNEWS World 20240703

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to be working, because hit shows like witcher helped it retain its current customers while new pricing options on offer, including a less expensive streaming plan with adverts helped it to gain new ones. many shareholders are excited about this new advert supported model. the streaming giant has said it was a priority for the company to win over advertisers. netflix plans to roll out more new products in the months ahead. next year, members, for example, who love to binge might get served an advert that says something like, "the next episode is commercial free made possible by such and such a brand." netflix also raised the price of its basic and premium options in the us, the uk and france, counting on committed viewers who hate adverts. still, the quarter hasn't been without its challenges — like the ongoing actors�* strike here in america. netflix said it spent less on content this year as a result of the walk—out. jeremy goldman is from insider intelligence in new york. he told the bbc that netflix is on a roll. there are a lot of really good indications for the future of the company. in part, just the fact that they've been able to increase the awareness of the fact that they have different types of plans for different customer bases. i would say that there is a lot of different indicators, very early on, that this was not hurting them the way that some had feared, and i think that that actually bodes well for the company in the long run, right? because they've been able to essentially crack down on this without losing people, that people feared just weren't going to pay a certain amount in order to share an account. the food and drinks giant, nestle, has reported a fall in its sales volume in the first nine months of the year — as shoppers respond to higher prices. the company increased its prices by 8.4% over the period — part of a wider pattern of high inflation. in europe, total sales were slightly up, but that's more a consequence of rising prices than sales volumes, which have fallen. let's cross live now to michael field, who's european equities analyst at morningstar. michael, lovely to have you here on the programme. this is primarily inflation that has dictated what has happened in nestle, and certainly the european arm of nestle? yes, i think that is right for the most part, that inflation has been hitting these companies hard for the last year, inflating their cost base and increasing the price of goods they are trying to sell to market. and they have been forced to some degree to try to pass these price increases prove they want to survive and retain there grading merchants. you mention the price decreases, but if you look at europe, they had to increase prices by 11% or so which is quite stark. it increase prices by 1196 or so which is quite stark-— increase prices by 11% or so which is quite stark-— is quite stark. it is ultimately a trade-off. _ is quite stark. it is ultimately a trade-off. so _ is quite stark. it is ultimately a trade-off, so you _ is quite stark. it is ultimately a trade-off, so you risk- is quite stark. it is ultimately a trade-off, so you risk losing i trade—off, so you risk losing volumes as you mention, but at the same time, you want to push those price increases through. 50. same time, you want to push those price increases through.— price increases through. so, how is it, we price increases through. so, how is it. we have — price increases through. so, how is it. we have two _ price increases through. so, how is it, we have two outlays _ price increases through. so, how is it, we have two outlays in - price increases through. so, how is it, we have two outlays in these . it, we have two outlays in these figures, first off, nestle india have managed to exceed expectations on volume and sales. haunt have managed to exceed expectations on volume and sales.— on volume and sales. how have they done it? ithink_ on volume and sales. how have they done it? i think they _ on volume and sales. how have they done it? i think they are _ on volume and sales. how have they done it? i think they are really - on volume and sales. how have they done it? i think they are really in - done it? i think they are really in the sweet spot in india, really taking advantage of that is burgeoning middle class that is happening there, and even though the prices of basic goods have increased in that region, like oil, you have this kind of middle class that are still willing to splurge on those kind of little luxuries like chocolate and biscuits, etc, and it sounds simple, but that is naturally what has driven a lot of the results there. �* ., ., , there. and the other outlier is the petco section _ there. and the other outlier is the petco section of— there. and the other outlier is the petco section of nestle's - there. and the other outlier is the | petco section of nestle's business. —— that is actually what. people are willing to spend on their pets but not necessarily families. what willing to spend on their pets but not necessarily families.- not necessarily families. what is coin: not necessarily families. what is auoin on not necessarily families. what is going on there? _ not necessarily families. what is going on there? it _ not necessarily families. what is going on there? it sounds - not necessarily families. what is i going on there? it sounds strange but if you look at structural trends over 30 years, people having less kids and they do have more discretionary income. itjust went up discretionary income. itjust went up in the last year or so, but they are more willing than ever to have pets and to actually spend proper money on those pets buying them good quality food, and nestle had really expanded their offering in that area, and they are really taking advantage of that situation now, i think, and it has paid off for them. and finally, emmanuel macron had criticised nestle during the summer, notjust nestle, but i think another business as well, for not passing on lower costs to their consumers. haifa lower costs to their consumers. how did they respond _ lower costs to their consumers. firm-o" did they respond to lower costs to their consumers. how did they respond to that? you are right, unileverwas did they respond to that? you are right, unilever was the other one he took aim at in the summer as well. the french have been particularly, i will not use the word aggressive, but they have sat down with retailers, food manufacturers in france, and try to get together with them and get a commitment to lower crude prices as these decreases come through the supply chains, and it is the multinationals that have been less willing, and surprisingly, to sit down, and he is really causing out for that. —— unsurprisingly. i out forthat. —— unsurprisingly. i think out for that. —— unsurprisingly. i think what they are really waiting for is to see inflation fall in their supply chains before they commit to anything. whether that happens and how that happens will really become evident in the next couple of quarters, and you can probably see him taking aim again, if he doesn't see those prices fall commensurately with the cost increases falling.— commensurately with the cost increases falling. commensurately with the cost increases fallina. , , ., ., increases falling. yes, they do have a vast portfolio. _ increases falling. yes, they do have a vast portfolio. thank— increases falling. yes, they do have a vast portfolio. thank you - increases falling. yes, they do have a vast portfolio. thank you very - a vast portfolio. thank you very much indeed. staying with nestle, the company says it will close a baby milk factory in ireland because a falling chinese birth rate has reduced demand for the product. the facility, which operates as wyeth nutritionals ireland, makes products almost entirely for the chinese market. the closure of the plant in county limerick, will mean more than 500 job losses. in the ev sector, the electric car maker, tesla, has disappointed its fans on wall street. the company's shares have more than doubled this year on optimism about its future prospects. but now, it's revealed earnings in the past three months were lower than investors were expecting. and its profit margins were their lowest in more than four years. here's our business reporter, david waddell. in recent months, tesla has been forced to cut prices on several of its models, recognising the growing competition from a wider range of competitors entering the ev marketplace. the company's managing director, elon musk, has warned that high interest rates are having an impact on affordability for potential customers. he said the business is holding back plans for a big factory in mexico as it weighs up the economic outlook. tesla is sticking to its production target of 1.8 million cars this year. but analysts warn it may have to cut prices even further to do that. there are particular challenges with the cyber truck, the pick—up vehicle due to hit the roads next month. elon musk said on an earnings call, "we dug our own grave with cyber truck," pointing to challenges in ramping up production. tesla says its average revenue per vehicle has fallen by nearly 11% from a year earlier. but also that its energy and service businesses had become a meaningful contributor to the bottom line. bringing in half a billion dollars in profit in this past quarter. tesla's challenges compound other headaches for elon musk, who acquired twitterjust under a year ago. now rebranded as x, it is thought to be worth just a fraction of the purchase price of $411 billion. david waddell, bbc news. here in the uk, �*welsh water�* has admitted illegally spilling untreated sewage at dozens of treatment plants for years. the admission came after the bbc presented the water company with analysis of its own data. welsh water says it is working to tackle the problems and does not dispute the analysis. more now on china's �*belt and road initiative'. that's president xijinping's ambitious trillion dollar programme that has brought new infrastructure to more than 100 countries — most of them in the developing world. one of the most recent is a high—speed railway in indonesia. nick marsh has more. this is the fastest train in all of south—east asia. it is certainly faster than any train in the us or the uk. right now, i am injakarta and i'm heading to bandung. if we were driving, it would take about three hours, but with whoosh, it will take about 45 minutes. but actually, this really wasn't supposed to have been built by china. japan, with theirfamous shinkansen rail system, they were the heavy favourites to win the bid. they said that they would finance the project at basically 0% interest, but they did need a guarantee from the indonesian government that they would step in with money if anything went wrong. but then china came in with a counter—offer. they said we're going to build this cheaper, we'll build it quicker, and we don't need any guarantee from the indonesian government. but they did want 2% interest on their loan. well, indonesia picked china to many people's surprise, but in the end, this project is three years later, it is $2 billion over budget, and the interest rate has gone up to 3.4%. oh, and the indonesian government did have to fork out some money in the end. we are in bandung. it was pretty fast, i have to say, and to be fair, this isn't the first railway line in the world that is late or over budget. countries like indonesia are hungry for infrastructure and china can provide that infrastructure. when it goes well, it is a win—win. the problem is that when things don't go according to plan, the risks, political, economic, environmental, they do seem to be a bit one—sided. but that simply something that indonesia was willing to accept when itjumped on the bri train. so how significant is this project? here's nick again with more on that. it is a big deal. you can see how popular it is already. these people are about to get on to the next train. we have had people coming up to us saying how proud they are that indonesia has got the fastest train in the world outside of china. all this morning, people have been taking pictures, taking selfies. so there is enthusiasm for this project. obviously this is a chinese—backed belt and road initiative project. there are not many of them in the world that come without controversy. i think the main thing in indonesia is whether the country actually needs this. the tickets are really expensive, it costs five times as much to travel by train to bandung than it does with the bus. the stations are really far out of the city centre. i have seen that from personal experience. even the indonesian government admits that even with really strong ticket sales, best case scenario, it will take them decades and decades to break even. you have got people who are uneasy with the idea of china dictating terms, taking out bigger loans from china, that sort of thing. that is it from old business reports. due to stay with us because we have plenty more coming from tel aviv. —— do stay with us. for now, goodbye. it may look like a small circle of paint, but for many former cancer patients, it is the missing puddle piece. —— puzzle piece. the real prize is using her skills to help people who have undergone huge physical changes as a result of surgery. it physical changes as a result of surue . , ., ., surgery. it is vital for those men and women _ surgery. it is vital for those men and women who _ surgery. it is vital for those men and women who fought - surgery. it is vital for those men and women who fought breast . surgery. it is vital for those men - and women who fought breast cancer to have this final step, to feel themselves a hole. this woman from lincolnshire was diagnosed with breast cancer in 2021 and had a double mastectomy.— breast cancer in 2021 and had a double mastectomy. after my double mastectomy. — double mastectomy. after my double mastectomy. i _ double mastectomy. after my double mastectomy, i was _ double mastectomy. after my double mastectomy, i was left _ double mastectomy. after my double mastectomy, i was left of _ double mastectomy. after my double mastectomy, i was left of no - mastectomy, i was left of no nipples. _ mastectomy, i was left of no nipples, and it was something that i thought. _ nipples, and it was something that i thought, 0k, it is fine. ifelt normal_ thought, 0k, it is fine. ifelt normal having a reconstruction and i was happy— normal having a reconstruction and i was happy with that. as time went on, was happy with that. as time went on. it_ was happy with that. as time went on. it sort— was happy with that. as time went on. it sort of— was happy with that. as time went on, it sort of grates on you a little — on, it sort of grates on you a little bit _ on, it sort of grates on you a little isit-— on, it sort of grates on you a little lsit-— on, it sort of grates on you a little bit. ,, ,. ., ., ., little bit. she discovered and are offerin: little bit. she discovered and are offering the _ little bit. she discovered and are offering the service _ little bit. she discovered and are offering the service privately - little bit. she discovered and are offering the service privately in l offering the service privately in chester and made the five—hour round trip of the treatment, which cost £600 for a pair of tattoos. ijust feel completely, i can look in the mirror and look normal, not that i stand here everyday and do that. but i did to stand here everyday and do that. emit i did to start with, because i'm happy with it. hello, this is your updates from the bbc sport centre. we start with the conflict in israel and gaza and its impact on sport. the algerian football federation has announced its suspending all football competitions and matches in solidarity with the palestinian people. their announcement comes just three days after algeria had agreed to host the palestine national team's forthcoming matches — following a request from the palestinian fa. the algerian fa have not given a date for when football will return. last week, uefa postponed all football due to be held in israel, including a european championship qualifier. liverpool forward mohamed salah has called on world leaders to do more to stop people being killed in the conflict. the egyptian international said aid to gaza must be allowed immediately, after hundreds were killed at an explosion at a hospital on tuesday — something which salah described as horrifying. i want to thank you for your solidarity, you're clear, unwavering support from the this war began. i think the fact that you came to israel tells us a lot. i said to president biden yesterday that there is one thing more heart—warming than standing with israel, it is standing in israel, and the fact that you came here to do that is a very strong statement of support which we deeply appreciate. chancellor schultz who also visited here called hamas the new nazis. he was

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