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Venezuela where the effects of endemic corruption a forcing people to flee the country. More than 70000000 people around the world have been forcibly displaced thats according to estimates by the un most have fled their homes to escape war violence so persecution one of the worst migration crises of recent years is taking place in venezuela but this has nothing to do with war. By the end of 2020 the country would have lost more than a 5th of its population. People a desperate to flee the ongoing effects of corruption economic mismanagement and high create inflation. Millions of venezuelans have left the country fleeing poverty and despair even though venice. As the largest Proven Petroleum reserves in the world. Venezuela was once south americas richest nation now its a commie has collapsed sparking one of the worst migrant crises of recent years. Poverty has always been a fact of life here but when oil prices were high then pre ....
And we meet the 97 year old former Fighter Pilot taking to the skies to mark battle of britain day. Good morning. Its 8am in singapore, and 1am in london. Oil prices have soared at the opening of the markets in asia following saturdays drone attacks on two Key Facilities in saudi arabia. The cost of brent crude rose by the most on record, after half the kingdoms output was taken out that accounts for roughly 5 of the worlds oil supply. Iran has dismissed us allegations that it was behind the strikes and accused washington of being deceitful. With me is bob mcnally, president of Rapidan Energy group in washington. He served in the Bush Administration as its top energy advisor. Hejoins me now. Thank you so much forjoining us. Firstly, the us says that this was an ....
Oil prices have soared at the opening of the markets in asia following saturdays drone attacks on two Key Facilities in saudi arabia. The cost of brent crude rose by the most on record, after half the kingdoms output was taken out that accounts for roughly 5 of the worlds oil supply. Iran has dismissed us allegations that it was behind the strikes and accused washington of being deceitful. My colleague mariko oi is in singapore. Bring us up to date on what the cost of crude is doing. There was a huge spike when oil began trading on the global markets. That is right, we saw brent crude prices jumping global markets. That is right, we saw brent crude pricesjumping by almost 20 when they opened and still currently we are seeing the jump still currently we are seeing the jump of10 12 . Still currently we are seeing the jump of 10 12 . A double digitjump that we have really not seen before. The easing of the jump was somewhat because o ....
To mark battle of britain day. Oil prices have soared at the opening of the markets in asia following saturdays drone attacks on two Key Facilities in saudi arabia. The cost of brent crude rose by the most on record, after half the kingdoms output was taken out that accounts for roughly 5 of the worlds oil supply. Iran has dismissed us allegations that it was behind the strikes and accused washington of being deceitful. Our Asia Business correspondent Karishma Vaswani is in singapore. What the attack says about the vulnerability what are oil prices doing in asia right now . They have come off some of those big is that we saw in the early minutes of asian trade, when traders out here reactive, as many had expected them to, by pushing up the price of crude oil by some 19 in the onset of asian trade. They have come off tho ....
Oil prices have soared at the opening of the markets in asia following saturdays drone attacks on two Key Facilities in saudi arabia. The cost of brent crude rose by the most on record, after half the kingdoms output was taken out that accounts for roughly 5 of the worlds oil supply. Iran has dismissed us allegations that it was behind the strikes and accused washington of being deceitful. Our Asia Business correspondent Karishma Vaswani is in singapore. As you can see from the screens, the cost of crude oil is up about 10 for light crude and 11. 3 for brent crude. There was a surge of oil prices at the onset of asian trade, and one viewpoint pointed out a surge at the onset of trade, but now i think that traders are ingesting the information about when we might see a resumption in that shortage of oil supplies coming i ....