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BBCNEWS Asia July 5, 2024

houthi fighters say they will continue attacking vessels in the region of the red sea. this announcement comes after they launched a drone attack in yemen on a us commercial vessel off aden. the escalating tensions in the red sea have many analysts concerned that the impact of these attacks will drive up the cost of living. some companies had to take a detour around southern africa, driving up costs. mukesh sandav, head of oil trading, rystad energy, describes what is at stake in the markets. what is at stake is that a lot of crude oil, up to four million barrels a day, moving from east to west, and that is bought by russia, by india, by china, that s at stake and that also stake is a lot of vessels which move towards europe. i would say all this, as we re talking about a sizeable number of barrels of crude and products will all of this get impacted or only a part of this will be impacted because what we have learnt is that the system finds alternate ways of re routing ....

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BBCNEWS Asia July 5, 2024

we are learning at this hour that houthi fighters say they will continue attacking vessels in the region of the red sea. this announcement comes after they launched a drone attack in yemen on a us commercial vessel off aden. the escalating tensions in the red sea have many analysts concerned that the impact of these attacks will drive up the cost of living. some companies had to take a detour around southern africa, driving up costs or have decided to suspend shipment indefinitely. mukesh sandav, head of oil trading, rystad energy, describes what is at stake in the markets. what is at stake is that a lot of crude oil, up to four million barrels a day, moving from east to west, and that is bought by russia, by india, by china, that s at stake and that also stake is a lot of vessels which move towards europe. i would say all this, as we re talking about a sizeable number of barrels of crude and products and the question comes, will all of this get impacted or only a part ....

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BBCNEWS World July 5, 2024

and collaring the hound pound . why going dog friendly could unleash a $50 billion market for the travel industry. hello, i m sally bundock. let s get on with the business stories. we start here in the uk, where the ftse 100 index of leading shares had its worst day since last summer on concerns interest rates may have to stay higher for longer. that s after the rate of inflation unexpectedly went up in decemberfor the first time in almost a year, despite expectations of a fall. the consumer price index showed prices rising at an annual rate of 4% last month, up from 3.9% in november. the bank of england has pushed the cost of borrowing to a 15 year high to try and rein in rising prices. but as our chief economics correspondent dharshini david reports, while bets on early rate cuts are now being scaled back, there could still be relief for borrowers later in the year. music plays. indulge in a theatre trip or even a gig in december. higher ticket prices, rising drinkers, ora ....

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BBCNEWS BBC July 6, 2024

of murdering seven babies and trying to kill ten others, has been giving evidence for the first time in her trial. she cried in the witness box and told the jury she only wanted to help and care for the babies she was looking after at the countess of chester hospital. myjob was my life, she insisted, and said she was traumatised when she was arrested. she denies all the charges against her. this report from ellie price contains some distressing detail. the parents of lucy letby, arriving at manchester crown court. their daughter s trial has been going on for the last six months. today she gave evidence for the first time. fighting back tears she was asked by her defence lawyer ben myers kc how she felt to be accused of killing babies and to have herjob as a nurse taken away from her. letby said it left her feeling very isolated and her mental health deteriorated. she told the court, there were times when i did not want to live, i thought of killing myself. she was ask ....

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BBCNEWS Outside Source July 7, 2024

the streaming giant s audiences will be measured independently for the first time. market turmoil and questions over how the british government will pay for promised tax cuts, after the prime minister liz truss said she would not cut government spending. have you wrecked the economy, minister? have you wrecked the economy, minister? time for another u turn? this was liz truss leaving number ten for her first session of prime minister s questions since last month s mini budget sparked market turmoil. pension funds, the pound and the cost of mortgages have all been affected. once in the house of commons, she was tackled by the leader of the opposition on how she planned to pay for lower taxes. during her leadership contest the prime minister said and i quote her exactly, i m very clear, i m not planning public spending reductions. is she going to stick to that? absolutely, absolutely. what we re. mr speaker, what we will make sure is that over the medium term the debt is ....

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