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BBCNEWS World Business Report July 7, 2024

oil prices have risen before today s meeting of the cartel of oil producing nations, as ministers prepare to set targets for the summer, a time of what will be rising demand across europe and the us. this is their first meeting since the eu imposed sanctions on russian crude. the group is under pressure to exclude russia, the world s third largest oil producer, from future producton quotas. it would be a move that could pave the way for saudi arabia and the uae to pump more oil. here s our middle east business correspondent, sameer hashmi. opec plus is opec plus is expected opec plus is expected to opec plus is expected to stick opec plus is expected to stick to its current policy of making a modest increase in production which translates to a little over 400,000 barrels of oil per day. this is in line with the opec plus agreement that was signed between the members in 2021. but the question that will be on the table and under the spotlight is what will opec plus do aft ....

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BBCNEWS Verified July 3, 2024

For the Us Government to borrow money for 30 years. The big spike at the end is the concern. That is the cost of borrowing over 30 years. The Us Government is being forced to pay more as investors worry they will lose out when compared to the returns they can get from those higher Interest Rates. Its a similar story in the uk where like other governments there will be concern in the corridors of power that it costs more to pay off the National Debt and so there is less cash for other things. Simon french is Chief Economist at the uk Investment Bank Panmure Gordon and i asked him to explain to me what is ....

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BBCNEWS World July 3, 2024

At the moment, deliveries for this year are likely to be less than last year. A challenging environment, the ev market globally is slowing and lots more competition is rising particularly in china which can make Electric Vehicles at low cost. Talk to me about Electric Vehicles at low cost. Talk to me about that Electric Vehicles at low cost. Talk to me about that competition, if people are thinking of making a switch, given the cost of living crisis, they might think they cant afford tesla, they should go for a cheaper chinese one, is that hurting the bottom line . We cheaper chinese one, is that hurting the bottom line . The bottom line . We are seeing a wave of chinese the bottom line . We are seeing a wave of chinese cars the bottom line . We are seeing a wave of chinese cars in the bottom line . We are seein ....

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BBCNEWS BBC July 3, 2024

The president of ecuador has won a referendum on introducing tougher security, to counter a surge in violence by drugs gangs. Daniel noboa says his government now has more tools to fight crime. The measures include allowing the military to patrol the streets, and the imposition of harsher jail sentences. The country now has the highest murder rate in Latin America as the influence of powerful drug cartels has grown. Ione wells sent this report from the capital, quito. Ecuador s capital, quito, is bursting with life. But among the songs and smiles, clues that this is now the continents most violent country. The bloodshed at this youth centre is just a sport. But on the streets, many young people are losing their lives at the hands of violent drug cartels. Carmens brother was killed by a gang member who wanted money when he wasjust 19. Translation the gang i threatened us at our house, throwing stones at us because the murder occurre ....

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BBCNEWS World July 3, 2024

Weekend. 50. Through what happened over the weekend. ~. , ~ through what happened over the weekend. ~. , ~ , weekend. 50, the tiktok bill was ut weekend. 50, the tiktok bill was put into weekend. 50, the tiktok bill was put into a weekend. 50, the tiktok bill was put into a package weekend. 50, the tiktok bill was put into a Package Withl was put into a package with foreign aid and that was passed through the house and now it is on the way to the senate, and based on indication of that, we have gotten, it sounds like this package will be approved, meaning that the bill will also be passed. Now, this is a massive load to tiktok but it is important to note that it is not the end yet. I am framing it more as the next chapter in tiktok s long and drawn out fight to survive here in the us, and it is a fight that is bubbly going to move pretty quickly now from congress into the courts. Of course this isnt their first rodeo and it has had ....

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