if you have just joined if you havejustjoined us, good to have you with us. we begin with the soaring cost of energy. as governments and central banks grapple with rising inflation and a cost of living crisis, the world s biggest oil company announces record breaking profits. the saudi oil company aramco revealed it made more than $48 billion in profits in the second quarter of this year. the eye watering sum marks a 90% year on year increase and the biggestjump in earnings for the world s largest energy exporter since its public listing three years ago. but what is the outlook for oil prices this year and beyond? the war in ukraine caused a significant spike in the price of energy worldwide prices have come off the highs reached earlier this year and now with fears of recession on the horizon in europe and other key economies globally, there are differing views out there as to where the price of the oil is headed. let s talk this through with craig erlam senior market an
Looking a lot drier, and we remain in the warm conditions. I will have all the details later in the programme. Its monday the 9th of october. Good morning. More than 1,000 people have now been killed in israel and gaza after a Massive Attack by hamas militants that began at dawn on saturday. There are reports that israel has struck more than 500 targets in gaza overnight, my more than 125,000 palestinians i displace. President biden has ordered extra military assistance for the israelis, promising them rock solid and unwavering support. Israeli troops are still hunting down insurgents after one of the bloodiest attacks. 0ne down insurgents after one of the bloodiest attacks. One of the worlds most advanced military is taken by surprise by hamas, a military group kept behind barriers that were supposed to stop this happening. Their attack as brutal as it was brazen. Hundreds killed. For israel that has included scores of unarmed civilians as well as soldiers. Already the largest loss of
Organisations are ready and reared? , , prepared? most definitely, but ou do prepared? most definitely, but you do get prepared? most definitely, but you do get threat prepared? most definitely, but you do get threat fatigue - prepared? most definitely, but| you do get threat fatigue where people, if you are always on, always been conscious of these different things, eventually people ( especially those who are working from home, the hybrid working because good, successful attacks would actually pray on those sorts of vulnerabilities that the vpn is not working, that people may leave their laptop along, these sorts of things. these attacks can be successful. so, it is keeping fresh and the awareness training, making sure people are aware of what attack methodology is being used. fik. methodology is being used. ok. thank you- methodology is being used. ok. thank you- it methodology is being used. ok. thank you. it is methodology is being used. 0k. thank you. it is always f
no question, they re watching how we respond to this. look, i appreciate it, the american people, we have threat fatigue. we re just exhausted. i ve been watching your show, and i am worried about american democracy right now. then you have to worry about taiwan and ukraine. there s only so much. but at the same time, you know, these countries, they re not welcome. taiwan does not want to be part of china. ukraine does not want tosh be t of russia. it wants to be part of the european union. i don t see this as a cake walk for putin at all. he s not going to get killed by social media, tiktok or whatever. he could be in a situation, putin, where when he wants to travel the world outside of russia, if he is occupying and snuffing out democracy of a country in the heart of europe, he could get some really vicious blowback.
sweden and finland is watching this, china is also watching, as is taiwan. no question, they re watching how we respond to this. look, i appreciate it, the american people, we have threat fatigue. we re just exhausted. i ve been watching your show, and i am worried about american democracy right now. then you have to worry about taiwan and ukraine. there s only so much. but at the same time, you know, these countries, they re not welcome. taiwan does not want to be part of china. ukraine does not want to be part of russia. it wants to be part of the european union. i don t see this as a cake walk for putin at all. he s not going to get killed by social media, tiktok or whatever. he could be in a situation, putin, where when he wants to