Stay updated with breaking news from Buy back. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
on your wallet. president biden will announce a move to help keep energy prices down for americans less than three weeks before the all-important midterm elections. the president will announce the release of another 15 million barrels of oil from the strategic preserve. of course, in the past few days gas prices have been dropping in some areas but on average they re still up 17 cents a gallon from a month ago. of course, the cost at the pump factors into the economic worries voters will carry to the polls and could be a problem for democrats since they re the party in power. cnn s phil mattingly is at the white house. phil, what do we expect to hear from the president? you know, ana, not a lot of levers the president can pull in an international economy and global market like the oil market. this, what the president will announce is one of them. both an actual action, announcing the sale of another 15 million barrels from the strategic petroleum reserve but also in s ....
we start with the war in ukraine. we ll look at what s happening on the ground in a moment. first to sanctions. eu leaders have finally agreed on a partial embargo of russian oil imports. it will affect oil that arrives by sea. that s around two thirds of imports. this is the second day of the summit. we know that the eu has been trying to work out a way to ban russian oil imports for months. we ll get into why it s been so complicated in a minute. first, this is the president of the european commission. we decided then to have a ban now on de facto 90% russian oil imports of russian oil imports to the european union by the end of the year. and this comes at a time when we see that russia has disrupted supplies to, by now, five member states finland, bulgaria and poland but now to a company in the netherlands and a company in denmark. that message was echoed by the ukrainian foreign ministry. they said. let s look at the bigger picture. russia currently supplies abo ....
office says there are now over 100 times more likely because of climate change. secret schools that are being set up to educate girls in afghanistan in defiance of the taliban. who have refused to let them back into the classroom. and one of the biggest games in rangers history isjust getting one of the biggest games in rangers history is just getting under way in seville. they are taking on frankfurt in the europa league final. official figures showing prices officialfigures showing prices now rising at their fastest rate for a0 years. inflation in the uk has jumped to 9% in april, up from 7% in march with around three quarters of the latest hike coming from higher electricity and gas bills. labour has called for an emergency budget to help people struggling with those energy costs. the prime minister and the chancellor are both under intense pressure to help people cope. whilst mrjohnson promised to look at all the measures needed the chancellor warned that he could n ....
Territory. We will have a look at the markets later. And piggy backing a mobile network. Well be looking at the growing trend of Virtual Network operators and ask whos winning the consumer or the company . And as facebook earnings surge 71 and its number of friends swell to over 2 billion, today we want to know are you a facebook Friend Or Foe and why . Let us know. Just use the hashtag bbcbizlive. I have just sent to a Friend Request, i hope it will be accept it hello and welcome to Business Live. We start in Silicon Valley where it seems there is no stopping the worlds biggest social network. Facebook has seen another huge jump in profits as Advertising ....
Bowlers channelling australian bowlers chanbeling beyonce. Good morning. Its wednesday, 2nd august. Welcome to bbc Newsroom Live recent unrest in english and welsh jails is causing grave concern, according to the Prison Governors Association. In an open letter, the president of the organisation said governors were facing unacceptable stress. The letter comes after two days of unrest at the mount establishment in hertfordshire. Mark lobel reports. There have been days of disorder at prisons in wiltshire and hertfordshire where riot trained officers were deployed to subdue unruly prisoners. This past year has brought an average of 20 attacks a day on staff in prisons in england and wales, following a decline in the number of Prison Officers over the past few years and complaints over pay. Now the president of ....