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BBCNEWS BBC News Now October 10, 2024
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Oil Prices Surge and stocks tumble as barrage of missiles in the Middle East prompts supply fears in a region that accounts for a third of global oil production. Us Trade Paralysis dockworkers threaten to continue striking for as long as necessary with ports along the East And Gulf coasts remaining shut for a second day. Also on the programme, could technology bring extinct species back to life . We speak to the boss of a De Extinction Company hoping to resurrect the Woolly Mammoth. Live from london, this is business today. Lets start with the Middle East, where, as weve been reporting, israel has warned of grave consequences after iran launched a barrage of missiles at targets across the country on tuesday. Oil prices have been surging as traders fear a full scale regional war could disrupt Energy Supplies to the global market. Brent crude rose as much as 5 to 75. 40 a barrel in intraday trading. Lets Take A Look at the latest Oil Price now. Up up1. 36 , up 1. 36 , 74 up1. 36 , 74 and
Im nowjoined by our North America Business correspondent ritika gupta. What is it that markets make of what they are saying . They are nervous because they dont know whats going to happen next. Yes. The mood of nervousness. Little change now but losses off the back of those Middle East tensions. There is a dent to risk appetite. Markets dont like Uncertainty And Risk now is can this respondent is this going to blow into wider war. One of the sectors that is bucking the trend and going higher Todays Energy stocks and that is off the back of oil as you mentioned. It was up as much as 3 today and continuing again from yesterday over Supply Disruption concerns. Yesterday we saw some of those Safe Haven assets like gold, we are seeing some of Varese Today but i still think overall there is this wait and see mode and a very risk of town. Is this Waitandsee Mode and a very risk of town. Very risk of town. There is one thing they very risk of town. There is one thing they are very risk of town
Worse. Parents searching in vainforan nhs worse. Parents searching in vain for an Nhs Dentist for their kids. And cancer patients waiting months or even years to start treatment. The Conservative Party left office with almost 6. 5 million people languishing on hospital Waiting Lists. that is one in every nine people in england. A single astonishing statistic that encapsulates an appalling legacy of failure from the last conservative government. And a disaster for our society and our economy. Just imagine. Just imagine how much better it thinks would be now if those 6. 5 million people had already had the operational treatment they need and been able to get on with their lives. Just imagine how many people would now be back at work, earning a decent living and boosting our economy. Just imagine how much pain, Stress And Anxiety families would have been saved from, and how much more free they would feel as a result. That is, after all, why the nhs is so important to us as liberals and wh
We are opposing them on that. We are opposing them on that. We are worried that in the nhs debate, they are talking about reform before investment, when we think there needs to be reform and investment. So, we will hold them to account. But we will be different from the conservatives, because being constructive means you dont do the kind of politics which people are sick of, and you also put your alternatives Forward. At the Prime Ministers questions just last week, when i was opposing the Governments Withdrawal of Winter Fuel payments, we were saying, yes, there is a financial deficit left by the tories, we agree with you on that, but there are other ways to deal with that problem, and we put them Forward. We to deal with that problem, and we put them Forward. To deal with that problem, and we put them Forward. We can go live to brighten we put them Forward. We can go live to brighten out we put them Forward. We can go live to brighten out to we put them Forward. We can go live to bri
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