And were starting with the latest incident in the volatile Gulf Region Oil prices have surged after what is believed to have been a missile strike on and ukrainian tanker in the red sea benchmark brant crude oil rose over 2 percent in trading to reach 60. 40 a barrel after this beauty was hits off the saudi port city of jeddah the ship was headed towards iran or in the gulf it was the latest strike by an unknown attacker on Oil Facilities in the gulf region a bombing office saudi arabias largest Oil Processing facility this summer caused a 10 percent spike in the oil price but markets calmed quickly as output was restored. For more im joined now by joseph head of oil and gas and alice is at Fitch Solutions in london good to have you with us so you comparison to this attack on saudi Oil Processing facility in summer how serious is this latest incident for
the oil market. Thank you monica the latest its the to is relatively minor in comparison to last months attack on iran cos facilities
Time to celebrate if youre single and buy yourself a gift to mark singles day in china. Hello im monica jones welcome to the Business Asia chinas president xi jinping is in greece today to strengthen ties his visit comes just one week after the greek Prime Minister met him in shanghai for the 29000 International Import expo where greece was the official partner country at 1st glance the asian powerhouse and europes debt stricken Member States they can even cop or they both seem to tend to the others needs greece needs money and china needs access to infrastructure and one of beijings key purchases in greece was a Majority Stake in the historic port of today chinas gateway to europe. This is a carefully choreographed business the aim to showcase existing economic ties and to foster new ones. Among the deals the 2 sides have already signed off on is
a 600000000 Euro Investment by Chinese Company cosco in greeces largest port of parade yes its set to play a key role in chinas math of Infr
Cleaning up oil spills and pollution x. Z. This is business as underdog younger how to office in berlin welcome to the u. S. China trade war escalated over the weekend with both sides slapping fresh tariffs on the others exports and there is no deal in sight in case youve lost track heres a quick update this weekend the United States imposed levies on an additional 112000000000. 00 of chinese exports while beijing is countering with curbs on 75000000000. 00 u. S. Dollars in goods smart speakers headphones and shoes are among the chinese products to be more made more expensive by the new u. S. Tariffs beijing meanwhile will hit u. S. Crude oil with a 5 percent tariff its the 1st time all has been targeted in this dispute and this isnt the end the u. S. Plans to raise existing tariffs on 250000000000. 00 in chinese exports from currently 25 to 30 percent and in december
a further 15 percent on tariffs on chinese Cell Phones Laptops and clothes that will mean that virtually every product
Through brazils rain forest can indigenous villages stop them and protect their lands. And well show you a clever new solution full cleaning up oil spills and pollution at sea. This is business asia how to office in berlin welcome to the u. S. China trade war escalated over the weekend with both sides slapping fresh tariffs on the others exports and there is no deal in sight in case youve lost track heres a quick update this weekend the United States imposed levies on an additional 112000000000. 00 of chinese exports while beijing is countering with troves on 75000000000. 00 u. S. Dollars in goods smart speakers headphones and shoes are among the chinese products to be more made more expensive by the new u. S. Tariffs mean while well hit u. S. Crude oil with a 5 percent tariff its the 1st time all has been targeted in this dispute and this
isnt the end the u. S. Plans to raise existing tariffs on 250000000000. 00 in chinese exports from currently 25 to 30 percent and in december a furt
The secrets to the great. Alexander 100 more of our series on tomorrow today we want to see what he saw to experience what drove him a journey through latin america following in the footsteps of the great scientist the Journey Continues from the deserts of our room to the fascinating underwater world of the humboldt current. To borrow to do it in 30 minutes body double. The bauhaus turns 100. 100 years of modern mr arkell temperature. 100 years of functionalism n. P. R. Isnt. Whats behind the legend. We asked the experts about it. In 60 minutes on the w. S o s europe the european crisis. If its to have a future it will meet champions young champions. Meet for activists who are countries. They are fighting for the dream for you measure up. Do they stand a chance for. Can they save the european idea. Oh my god i need to stand up for European Values and contribute to something important that she of. The future of europe starts September 2nd on d. W. Brazils president jacob also not who ha