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By hamas gunmen took place just before 6 30 local time. More than 300 young people attending the festival were killed, others were taken hostage. It has been called israels 9 11 by some, and like the attack on the world trade center, its had massive repercussions around the world in both politics and economics. Michelle fleury has more on the Global Impact one year on. The middle East Conflict could add to the risks already facing the global economy. The escalation comes at a time of uncertainty around the upcoming us election and as china tries to stabilise its struggling economy. Economists warn the war could push up inflation if Trade Routes are disrupted, causing the cost of Oil And Shipping to rise. A bigger concern i ....
The dispute continued at the United Nations and in international courts for many years and this agreement was reached following two years of negotiations. Andrew harding has the details. A scattering of tiny islands deep in the Indian Ocean. British, for now, but after todays agreement, not for much longer. The Chagos Islands are all uninhabited, save for one, an important one, diego garcia. It is home to a big and secretive american military base. Today, britain agreed to hand the whole archipelago over to mauritius, but crucially, The Americans will remain in place. This is a very, very important agreement between our countries. Crucially protects the national security interests of the united kingdom and our allies and has been reached in full agreement with the unit ....
Major economies have agreed to release huge stockpiles of oil to help control shop all prices rising, brent crudejumped to help control shop all prices rising, brent crude jumped 10% at 1.2 $107 a barrel. more on that in a moment. elsewhere, the list of companies pulling out of russia continues to grow. apple has pulled sales of its products and access to payment systems. exxonmobil has announced a phased withdrawal from russia and bowing has suspended all major operations in the country. meanwhile the international monetary fund and world bank says they are looking to provide ukraine with additionalfunding, including $3 billion of an emergency aid. the announcement said it would raise $241 million in war bonds. we ll be looking at all of those points in a moment. looking at how markets are doing and this is a picture in asia. remembers, investors have been so nervous about the impact of sanctions but also ....