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 is whether any escalation could rock the straits of hormuz, a major shipping channel. 0ne straits of hormuz, a major shipping channel. One third of Oil Tanker Traffic and a fifth of Lng And Gas passes through there. The Oil Markets are already reacting. The price of Br
A crucial week for westminster, three years after britain voted to leave the eu. Boris johnson faces a showdown with opponents of a no deal brexit. And the tiny organism with a tasty future. How micro algae could revolutionise mealtimes for millions. We look at the economic fallout of the hong kong protests forfinance, tourism and retail, with the longest running political demo in the territory since the handover in 1997. A warm welcome to the programme, briefing you on all you need to know in global news, business and sport. Finger lickin good . Kfc sells out of plant based chicken in atlanta in an experiment to measure appetite. Beyond Fried Chicken could be rolled out nationally and then internationally if Customer Feedback is good. So wed like to know are you trying to eat less meat . If so, why . Get in touch on bbcthebriefing and tell us what you think. The most powerful storm to hit the caribbean islands of the bahamas since records began has torn roofs from buildings and caused
on stock exchanges. the approval of the bitcoin exchange traded funds, or etfs, is seen by supporters as a watershed for crypto, giving it financial respectability and mainstream acceptance on wall street, after a string of controversies. erin delmore reports from new york. this decision was years in the making and now it will allow people and institutions to invest in bitcoin almost as easily as they buy stocks. the move could increase demand for bitcoin and legitimacy for the crypto currency industry, which has weathered scandal and scepticism. sec chair did not shy away from that in a statement saying, while we approve the listing and trading of certain ept spot bitcoin shares today, we did not approve or endorse bitcoin. he said investors should remain caution about the risks associated with bitcoin and said the crypto currency is, primarily a speculative volatile asset. while investors and crypto watchers awaited the decision, a false tweet was posted on the sec official
from fossil fuels by 2050. this follows the rejection of the first draft because it did not call for a phasing out of fossil fuels. there were quite a few leaders at this event to a not happy with that at all. so will this latest proposed text lead to agreement? will it get across the line? countries are looking at this text right now, deliberating over every word. let s go live to dubai. our middle east business correspondent sameer hashmi is at the cop for us. we could hear quite soon, good way, on what the leaders think about this latest text?- about this latest text? sally, we don t know about this latest text? sally, we don t know how - about this latest text? sally, we don t know how soon - about this latest text? sally, i we don t know how soon that would be, but, yes, the leaders and negotiators will be going into the room which is scheduled in about half an hour and they will discuss the latest text that has been released. we will have a discussion. there have be
The fed will probably raise the cost of borrowing faster. The bank of england has also given support to the idea that rates globally will rise. This end to so called cheap money will push up borrowing costs for companies and individuals, which can hurt corporate profits and curb economic activity. Also worrying investors is a government Budget Proposal announced by us lawmakers which raises spending caps and could fan inflation. With me is lena komileva, chief economist at g economics. Welcome, good morning. What is your view, was last week a blip or is this a sign of things to come . Hopefully the worst of the sell off is behind us. Lets not forget we have seen more than a 10 decline in major stock ti cats the start of the year which is restarted the year for every investor in the world, every world, every pensioner, every saver, anyone who has stocks or bonds or credit in their portfolio has seen in 2018 being rewritten but also the story of the last 17 and 20 months 01 so story of t