Attacks by hamas gunmen took place. 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 big concern is whether any escalation could block the strait of hormuz, a major shipping channel. A third of Oil Tanker Traffic and one fifth of lng frozen gas passes through there. The Oil Markets are already reacting. The price of Brent Crude jumped 5 last thursday after President Biden said the us was
projects. it is an interesting one, because on one hand, donald trump says that day one, dictator for a day, i m going to drill drill drill. russia producing more fossil fuels than anybody in the world by a long shot, and then antibodies ever produced. let s get down to the skin of some climate activists who say that maybe that is not the goal that we should be having. and so this is that intersection between energy dependent and being a leader in the world and guaranteeing freedom for people who don t want to buy their gas from russia, and at the same time, being conscious of the climate. it is an interesting tightrope that we are going to talk about. have a great weekend, i will see you again tomorrow morning. all right, take care alley. all right. right i m ali velshi. we begin this morning with a blockbuster penalty that a jury has awarded the writer e. jean carroll in a defamation case against the twice impeached four times indicted ex president. yesterday, a
the maximum interest rate on student loans in england is being cut by almost 5%. ministers hope it will provide peace of mind for graduates. a father and son have been killed in a crash at the isle of man tt. five riders have died in this year s event and singerjustin bieber reveals the reason he cancelled his performances this week he s experiencing facial paralysis. good afternoon. royal officials have said that prince charles remains politically neutral , following a report that he has strongly criticised plans to send some asylum seekers to rwanda. an unnamed source told the times newspaper that prince charles has described the policy as appalling and said he was more than disappointed by it. the first flight carrying asylum seekers to rwanda is due to leave on tuesday. simonjones reports. their destination, dover. more than 10,000 migrants have reached the uk in small boats so far this year. the government says it is determined to stop people risking their lives
everything in their power to secure the release of two british men sentenced to death for fighting russian forces. the government is expected to reject proposals to introduce a new salt and sugar tax on process food sold in england. the maximum interest rate on student loans in england is being cut by almost 5%. ministers hope it will provide peace of mind for graduates. a father and son have been killed in a crash at the isle of man tt. five riders have died in this year s event and singerjustin bieber reveals the reason he cancelled his performances this week he s experiencing facial paralysis. good afternoon. royal officials have said that prince charles remains politically neutral , following a report that he has strongly criticised plans to send some asylum seekers to rwanda. an unnamed source told the times newspaper that prince charles has described the policy as appalling and said he was more than disappointed by it. the first flight carrying asylum seekers