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Business stories. We start in saudi arabia as the Worlds Biggest OilCompany Aramco is set to announce its latest Half Year Results in the next half an hour or so. Last year, aramco netted record profits of over 160 billion, buoyed by soaring energy prices. But in may this year, they reported that profits dropped by nearly a fifth in the first three months of the year as the gloomy Global Outlook saw oil prices drop. To tackle this, saudi arabia has been cutting production to the tune of1 Million Barrels a day. They started in july and have now extended to september. The oil price has since been creeping up. Live now to our middle east Business ....
won t reverse the basic settlement between the uk and the eu. injust a moment we ll be talking live on the programme to the minister for trade and employment and the irish government but first let s get this report. after the protest came a political pivot and after that, a breakthrough in the early hours of this morning, nearly two years in the making. i believe that with the faithful delivery of this package of measures, hard work and dedication, we will be able to look back on this moment as the defining time when northern ireland s place within the union was safeguarded and our place within the united kingdom internal market was restored. over the coming period, we will work alongside others to build a thriving northern ireland, firmly within the union, for this and succeeding generations. unionists have been strongly opposed to trading arrangements which were brought in after brexit. northern ireland follows different rules to great britain, meaning there are check ....
foreign policy principle, putting business first, not military power, was suddenly, it looked like weakness. chancellor olof shulz promised dramatic change. my guest is the state secretary for cooperation niels annen. so has germany got a new strategic vision? niels annen, welcome to hardtalk. thank you. pleasure. it is great to be here. let s start with the war in ukraine. i think there is no doubt that putin s invasion of ukraine shocked germany. would it be fair to say it has also destabilised germany? no, i don tthink destabilised germany? no, i don t think so destabilised germany? no, i don t think so but destabilised germany? no, i don t think so but it - destabilised germany? no, ll don t think so but it certainly shocked germany because a lot of our economic model was based on the assumption that we would continue using cheap russian natural gas and it was also based in a kind of historic, i want to say historic experience that although russia was a competi ....
well, my guest today is the influential chair of the german parliament s defence committee, marie agnes strack zimmermann. so, is germany ready to leave its pacifism behind and project its military power? marie agnes strack zimmerman, welcome to hardtalk. thank you very much for the invitation. well, it s a pleasure to be here. let s start with that word that olaf schulz used right after putin s invasion of ukraine, zeitenwende . he promised it would be that word, a turning point for germany and its strategic thinking. more than a year later, do we see real evidence of that turning point, that zeitenwende? yes, yes, definitely we see it. it s a really important word, but it s, of course, not only a word, you need it in your mind. um, first of all, we have now the 100 billion euros for the bundeswehr. this is really important, more money for our army. we are looking for it for years. you said not so long ago that the german army has been bled dry. so now it s the right ....