We start this hour with the tensions in the Middle East following the escalating fighting between israel and lebanons iranian backed hezbollah group. Egypt has warned it risks igniting a regional war and damaging the chance of Ceasefire Deal In Gaza. Arriving back at the white House President biden addressed the tensions. Lets take a listen to what he told reporters. Are you worried about rising tensions in the Middle East . Yes, i am, tensions in the Middle East . Yes, iam, but we tensions in the Middle East . Yes, i am, but we are going to do everything we can to keep a wider war Breaking Out and we are still pushing hard. The united Nations Chief has said he fears the escalating Cross Border Conflict between Israel And Hezbollah could Risk Lebanon becoming another gaza. Antonio guterres also voiced his pessimism about the chances of a Ceasefire Deal in the gaza strip. His comments came as the funeral took place for a senior Hezbollah Commander killed in fridays israeli airstrike on
Big internet companies, that was the worst sector yesterday. Investors bidding those higher into earnings. One note, something that is not different, supporting the idea fundamentally nothing has changed, investors looking past it, we have a lower low on the s p 500. Sharply,ave oil down heading to the worst week since april. Commodities, and wrist asset down in a bait way. David to add one further complicate in fact are, look at the 10 year. We are above 80 basis points again. That is a risk on reaction. How does that fit with commodities . Abigail great question. You have bond selling off. The 10 year yield back in the top part of this years range, suggesting it will make a move for 1 . That will be wrist on because it would mean investors going out of bonds and could also pressure stocks. On the week, bonds are rallying. On the week we have a big haven bid, big haven bid for the dollar. The dow and s p 500 heading for the worst week since march. We also have crude oil down in a big
Single figures for many. Frosty and foggy start to wednesday but through the day, many northern eastern area and stay dry and sunny but it will stay wet and windy it was the west. The temperatures are starting to rise at that bit even though eastern areas are still around three or 4 degrees. But wetter weather will put its way north was becoming more extensive through 38 and friday and we will see strengthening winds across the board too. Through thursday and friday. Hello, this is bbc news with martine croxall. The headlines the labour leadership says sorry over the heavy defeat in the general election. Jeremy corbyn wants the process of deciding how to elect a new leader to begin swiftly so his successor can be in place by the end of march. Nicola sturgeon renews her call for a second referendum on scottish independence, saying the people of scotland mustnt be kept in the union against their will. A british man has been killed and his step son wounded after being shot during a suspec
Actress anna karina, whos died at the age of 79. Hello and welcome to world news today. The longest session of un climate talks ever held has come to an end in madrid. After long delays, all countries agreed to develop new, tougher carbon cutting plans in time for another major conference in the uk next year. The deal is being criticised by some as a compromise. Negotiators spent an extra two days and nights in talks, trying to resolve differences. Our science editor, david shukman, has the details. We are starting to get a little lost. We are kind of lost. 0k. Confusion and fatigue after the longest session of climate negotiations on record. We are a little confused about what documents are being discussed. The hope had been to speed up the fight against rising temperatures. Instead, the talks limped to a compromise that left many unhappy. Especially the island nations that fear for their futures. Im exhausted. Ifeel like much, much more could have been done. And im thinking about how
Social elect leaders that favor exiting the coalition with the cdu. Narrowing the lead, four of the five latest polls show the Uks Labour Party closing in on Boris Johnsons tories as President Trump visits britain for a nato summit. 7 30 in london and 8 30 in paris or berlin. 29 minutes from the start of the European Equity trade for monday morning and things look flat on the European Equity markets, but that is not necessarily the global picture overnight. U. S. Futures, looking a little more positive. Probably, we are reacting on the Positive Side of things to the data out of china, the manufacturing pmi coming in higher than estimates. That seems to be something that could lift equity markets in the United States later. Futures look more positive for the u. S. Lets get to the Asian Session and the gmm shows us where we are on asian equity markets on the far side of the screen. 4 , indonesia doing strongly and the russian market, not bad. A slight cleaning for the on equityrisk on mo