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BBCNEWS World Business Report July 6, 2024



let s start with oil, because at the weekend, the secretary general of the organization of petroleum exporting countries, haitham al ghais, said he expects global oil demand to exceed pre pandemic levels this year. so what does this mean for the oil industry? joining me now is russ mould, investment director at aj bell. does this mean we are going to hit $100 per barrel again in 2023? , ., , hit $100 per barrel again in 2023? ., , ., hit $100 per barrel again in 2023? a, a a, 2023? gosh, that s a tricky question 2023? gosh, that s a tricky question for 2023? gosh, that s a tricky question for this 2023? gosh, that s a tricky question for this time - 2023? gosh, that s a tricky question for this time of i 2023? gosh, that s a tricky | question for this time of day. you can certainly construct a case where you can see oil going back up, perhaps not to the height of last year, but we have china reopening, the davos crowd and the imf seeming less worried about global ....

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BBCNEWS BBC July 1, 2024



but it s not clear if that message will resonate with republicans. senate republicans are delaying the bill, hoping to secure tougher policies on the us mexico border to curb immigration in exchange for international aid. the us military aid package that s stalled would include $61 billion for ukraine as part of a larger package. congress has approved more than $111 billion since the war began, but the biden administration is warning that money is running out as the war in ukraine ticks closer to its two year mark. our correspondentjess parker has the view from kyiv. he s here on a rescue mission to liberate billions of dollars in defence aid for ukraine, money that s become ensnared in arguments amongst us lawmakers. overnight, a fresh wave of russian missile strikes crushed buildings in kyiv and blew craters in the earth. ukraine s war is with russia, but officials must battle sceptics in the west who ask, what s the endgame? after ukraine s faltering counteroffens ....

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BBCNEWS Breakfast July 1, 2024



seekers to the east african country has proven controversial and a revolt ofjust 29 of the prime minister s mps would be enough to defeat the bill, as our political correspondent iain watson reports. is rishi sunak in danger of losing control of his policy to stop the boats? there s a crucial vote in parliament today on his new plan to send some asylum seekers to rwanda. but mps on the right of his party are worried that this won t stop the courts from getting clogged up with legal challenges. and some have called for his legislation to be scrapped altogether. i don t think that the bill is easily amendable. and really i think that the government needs to review it and maybe consider a completely new piece of legislation because this leaves so many gaps in the legislation. so this morning, the prime minister is trying to butter up some of his critics over breakfast in downing street. it s maybe not what you normally talk about over coffee, but he ll try to convince them ....

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BBCNEWS Newsday July 1, 2024



have reacted with fury to a draft agreement due to be signed in the coming hours. it includes a range of actions countries could take to reduce emissions, but makes no direct reference to phasing out fossilfuels which had been in an earlier d raft. the eu is threatening to walk out, a representative of small island states says it would be like signing their death certificate. our climate editorjustin rowlatt has the latest. when the new draft was released, there was confusion. negotiators and journalists scrolled through the pages. the realisation slowly dawning that the agreement had changed. a landmark deal to get rid of the fossil fuel responsible for climate change had seemed within reach. now it appeared to be being snatched away. eamon ryan is one of the eu s lead climate negotiators. if the text doesn t change, will you walk away from the deal? this text will not be acceptable. would you walk away? if this doesn t change, it will not be accepted as a text. so ....

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BBCNEWS BBC July 1, 2024



tougher border measures at the mexico border in exchange for any additional funding for ukraine. the us military aid package that has stalled would include $61 billion for ukraine as part of a larger package. congress has approved more than $111 billion since the war began, but the biden administration is warning that money is running out as the war in ukraine ticks closer to its two year mark. our correspondentjess parker has the view from kyiv. he s here on a rescue mission to liberate billions of dollars in defence aid for ukraine, money that s become ensnared in arguments amongst us lawmakers. overnight, a fresh wave of russian missile strikes crushed buildings in kyiv and blew craters in the earth. ukraine s war is with russia, but officials must battle sceptics in the west who ask, what s the endgame? after ukraine s faltering counteroffensive. it is widely seen to have not delivered hoped for gains. what, in your view, went wrong? translation: indeed, for us, ....

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