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BBCNEWS World Business Report July 7, 2024

so let s get started, and we begin with the latest meeting of the world s major oil producing nations - 0pec+. world leaders, including president biden and the uk prime minister, are hoping the group will agree to pump more oil and ease energy prices that is fuelling inflation. in a bid to increase pressure, joe biden is headed to saudi arabia next month for meetings. but so far the signs are the oil producers group, which includes russia, is unwilling to budge. opec nations produce around 30% of the world s crude oil, about 28 million barrels a day. let s talk this through with spencer welch oil analyst with s&p global. good morning to you. in the last month they had agreed to increase production a teeny tiny bit. but what is their argument for not increasing it more now? more now? good morning, actually more now? good morning, actually they more now? good morning, actually they have - more now? good morning, actually they have been - actually they have been inc ....

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FOXNEWS Fox News Live July 7, 2024

eric: thank you for joining us in the fox news channel, i m eric sean. west virginia democrat joe manchin bucking his party as tradition and sinking the crisis of climate change and manchin is a no. he says inflation is way too high to okay more spending. president biden now promising, quote, executive action but manchin s defiance would lead to catastrophic warming by the planet by west virginia senator ignoring the looming crisis threat. meantime the president continues to face criticism of the fist bump with mohammad bin salman on what was achieved in the saudi visit. aishah hosnie. hey, aishah. aishah: the president has returned home without any solutions and facing criticism from members of his own party for what is happening here and abroad. first off, let s start with the president s build back better agenda in carves thanks to joe manchin, senator tanking any hopes of funding for energy in the package. progressives are mad about this. manchin is willing to pass ....

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BBCNEWS BBC News at Six July 7, 2024

running dispute over pay and conditions. and britain s number one emma raducanu makes her debut on centre court as one of them gets under way. and coming up on sportsday, we re live here at wimbledon, where it s not all about emma raducanu and andy murray on day one. nine brits scheduled to play of them cam norrie is the first safely through to round two. a shopping centre in central ukraine has been hit by a russian missile. president zelensky said around 1000 people were inside and he said it was impossible to even imagine the number of victims. so far at least ten people are thought to have been killed and more than a0 have been injured in what the authorities described as a war crime. the local governors say it was unlikely many survivors would be found in the rubble because it was a big fire and there was a lot of smoke. the attack took place in kremenchuk, an industrial city and the sight of ukraine s biggest oil refinery. russia says it does not deliberately target c ....

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BBCNEWS BBC News July 7, 2024

who was allegedly racially profiled during a stop and search, says he was pulled over for a second time by seven armed police officers. the met says it s voluntarily referred the incident to the independent office for police conduct. good afternoon booking to bbc news. the labour leader, sir keir starmer, has set out proposals that he says will prevent household gas and electricity bills rising sharply this winter, in england, scotland and wales. he wants to freeze the energy price cap for six months, and pay for the shortfall in part by backdating the windfall tax on oil and gas companies. but a leading independent research group says labour s plans could end up costing as much as the government s covid furlough scheme if it was extended beyond the original six month period, and they were not a long term solution. here s our political correspondent, ione wells. from doing the washing to cooking food to heating our homes, the cost of energy is going up just as autumn and wint ....

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BBCNEWS BBC News July 7, 2024

a faster downturn than other countries and interest rates could rise again. there are growing concerns about a growing shortage of family doctors in england, as a new study predicts a quarter of posts could be vacant by 2030. hello and welcome if you re watching in the uk or around the world. the uk will provide an extra billion pounds of military aid to ukraine, almost doubling the amount of support provided to fight the russian invasion. it s after president zelensky urged nato leaders to give more help to the country, saying the war effort was costing more than £4 billion pounds every month. the uk is second only to the us in terms of military aid for ukraine. the government says the new cash will go towards sophisticated air defence systems, electronic warfare equipment, drones, and thousands of pieces of kit to transform ukraine s defences. the uk will have provided £3.8 billion in support since the start of the invasion. that includes 1.3 billion of already ....

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