barrels per day injuly, which is around 1% of global supplies. opec plus countries which account for around 40% of the world s crude oil said they would cut production by some 1.4 million barrels per day from the start of next year. but not all members of the cartel were happy, with nigeria and angola both wanting to raise production rather than cut it. sameer hashmi is our middle east business correspondent. let see how prices are faring just now. brent is currently up 1.5% so far in the day but keep an eye on it because there is a lot of volatility as you might expect as investors and traders try to work out exactly what the production cut could mean. sameer hashmi is our middle east business correspondent. perhaps not unexpected, this is what we expected, it cuts production and keeps prices up and we know how reliant many are on the revenue it creates but it will not go down well around the world. two creates but it will not go down well around the world. creates but
hello and welcome. we begin today in the us. president biden has condemned the killing of four people at a birthday party in alabama this weekend as outrageous and unacceptable . the country s latest mass shooting happened at a 16th birthday party in the town of dadeville. on sunday night, people gathered for a vigil to remember the victims of the shooting. 28 other people were injured, several critically. so far, there s been no information whether any suspect was killed or arrested. jessica parker reports from dadeville. what happened 7 confusion and fear the almost routine eruption of gun violence in america but uniquely devastating for a small community in rural alabama after a shooter opened fire at a 16th birthday party. police tape quietly hiding what you then can hear, the sound of horror and grief. wailing. four lives were lost in the tragic event that occurred here in dadeville. as far as the injuries, there are 28 individuals that were injured during the cou
let s start in the us, where there is growing footsteps. 0k. let s get started, shall we? the cameras do not want to play ball but i can walk back to this position. let s start in the us, where there is growing nervousness in financial markets over the possibility the us could default on its debt. a stand off in congress over plans to lift the federal debt ceiling which is currently at an eye watering $31.4 trillion has led to the cost of buying insurance against a us government default has moved to its highest level in more than a decade this month. so, later today, the republican speaker of the house kevin mccarthy will give a speech at the new york stock exchange, where he s expected to lay out the conditions republicans want democrats to agree to in exchange for movement on the debt ceiling. it sounds like a stand off. scott anderson is chief economist at bank of the west in san francisco. welcome to the programme. what will kevin mccarthy say? what is he going to p
a russian court has sentenced one of president putin s most prominent critics to 25 years in prison for treason. vladimir kara murza has also been convicted of spreading false information about the russian armed forces and co operation with an undesirable organisation . he played a key role in persuading western governments to sanction russian officials for human rights abuses and corruption. the russian british former journalist and politician is the latest of a number of putin opponents to have been arrested or forced to flee russia. he had denied the charges and been vocally critical of his trial. let s get more on this story now with sergei goryashko from the bbc russian sevice. could you start by telling us what happened, what we know about what happened, what we know about what happened in court today? todd? happened, what we know about what happened in court today? happened in court today? today in court, in happened in court today? today in court. in a happened in
by dominion voting systems against fox news and its parent company would start on tuesday. the lawsuit alleges the broadcaster damaged the reputation of dominion by repeatedly airing lies about its vote counting machines and election fraud in the 2020 us presidential election. laurie laird is a us business journalist. why is this happening? i why is this happening? i think the fact that these why is this happening? i think the fact that these claims why is this happening? i think the fact that these claims of - why is this happening? i think the fact that these claims of a - fact that these claims of a potential settlement that were reported in the well streetjournal, a murdoch owned operation, i think that gives us some sense of the nature of these reports. whether the two sides can come to the settlement is a very open question. i m surprised that this thing it came this close to getting into a courtroom. dominion a comedy voting system, is trying to prove deformation.