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Transcripts For BBCNEWS Verified 20240703

Time for a look at the Business News now with tadhg enright. Luxmy gopal, thank you very much. We are going to talk about tax. A new report, funded by the european union, has found that the worlds super rich are still able to pay low rates of tax, despite decades of efforts to reduce evasion. The study says there are still too many loopholes and billionaires are able to pay less than 0. 5 of their wealth. The eu tax observatory, which is behind the report, is calling for a new global minimum tax on billionaires saying that if the richest 3,000 people in the world paid 2 , then it would raise 250 billion a year. Earlier, i spoke to Richard Murphy a Tax Reform Campaigner and professor of accounting practice, Sheffield University Management School and asked how feasible that would be. The good news in this report today is that a lot of measures that are being put in place which i campaigned for over the last 15 years are working. For example, tax havens are now causing one third of the ha

Transcripts For BBCNEWS BBC 20240703

Targets in the past day. This blast in gaza was shot today by cameras in southern israel. Palestinian Authorities Say homes were hit without warning. These pictures are from rafah, where locals pulled victims from the rubble of a house that was hit overnight. And these images are from khan younis, also in southern gaza. There were dozens of air strikes throughout the night some 100 metres from a hospital. The Israel Defence forces released this video of air strikes in gaza. We dont know when it was shot. Israel also says it mounted limited ground raids into gaza to attack hamas and find information about the 222 hostages being held. Further north, israel has also launched fresh air strikes against the iran backed hezbollah in lebanon. Hezbollah said one of its fighters had been killed. The head of the Main Un Agency Helping Palestinians in gaza says hundreds of truckloads of aid are needed every day, rather than the few dozen that have been allowed in so far. The trucks that have gone

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