Transcripts For BBCNEWS Business Today - NYSE Opening Bell 2

Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20240928

Characters on film, television and on stage. Herfamily have issued a statement, saying that she died peacefully in hospital. They said that she passed away this morning. An intensely private person, she was with friends and family at The End. She leaves two sons and five loving grandchildren who are devastated by the loss of their wonderful mother and grandmother, and they thank the wonderful staff at the hospital. They thanked everyone for their messages of support at this time. Dame maggie smith, who won so many awards for her work, including enemies for her work, including enemies for downtown abbey, where she starred in recent years on emmys. We will bring you more on her life and her career in the coming moments. Much more on the website also. She won the oscarfor her on the website also. She won the oscar for her character in the prime of missjean brodie. A very important half an hour because we will be bringing you live coverage of the israeli prime minister, Benjamin Netanyahus Speech to the united nations. He is due to be addressing the general assembly. This time the timing is particularly acute. The israeli military has been engaged in a war in gaza gives hamas for almost a year and is currently exchanging fire with the lebanese group, hezbollah, which is fuelling fears of a new war which could further destabilise the region. What Mr Netanyahu says and how he says it will be closely monitored in many capitals right around the world. That speech is due in the next few minutes. Let me just get an assessment of what it could bring. Frank gardner, our security correspondent, is in london for us. Do we have any idea of what we should be expecting . Any idea of what we should be meeting . Any idea of what we should be exectina . ~ ,. , expecting . Missing net who see eers to expecting . Missing net who see peers to have expecting . Missing net who see peers to have blown expecting . Missing net who see peers to have blown hot expecting . Missing net who see peers to have blown hot and peers to have blown hot and cold on the idea of the ceasefire deal, because at the 12 nations that signed up say that they spoke to israeli officials and that the Ceasefire Proposal was drawn up by israeli officials. But Benjamin Netanyahu has said that it was nothing to do with him and it was a complete surprise and he has continued to hit the enemy with force. His allies at the un, which is most western countries, however much they disapprove of israels tactics, i think they will consider them is a broadly sympathetic to israels self defence. His allies want him to pause for 21 days to try and thrash out a ceasefire deal, which would include pushing hezbollah back to the border and making it safe for israels residents to return to the north of the country. But the Military And Security establishment reckon that they have got hezbollah on the back foot, they cut them by surprise with those horrific Pager Attacks, those explosions earlier this week, and they have been punishing them with Air Strikes and assassinations, taking out that senior leadership. Hezbollah is really reeling from all this, and there is a sense that israel feels that now is not the time to take the foot of the pedal. But of course this is horrific for lebanon, in a lot of lebanese civilians have been caught up in this. The us secretary of state, antony blinken, has said that continuing the war is not going to make it safe israeli citizens in the north. The best netanyahu way is a ceasefire. We are just monitoring events in New York because we are expecting Benjamin Netanyahu to start speaking in the next few minutes. �. , , minutes. Anna foster is with us In Beirut minutes. Anna foster is with us In Beirut. You minutes. Anna foster is with us In Beirut. You are minutes. Anna foster is with us In Beirut. You are right minutes. Anna foster is with us In Beirut. You are right there, l In Beirut. You are right there, we have heard so many stories of civilian is really struggling on the southern border. So much pressure for a deal, and yet it is not looking likely or imminent, is it . Do feelfreer likely or imminent, is it . Do feel freer to likely or imminent, is it . Do feel freer to interrupt me when that speech starts, i know you are monitoring and waiting for it to are monitoring and waiting for it to be are monitoring and waiting for it to be going there in New York it to be going there in New York. Frank is absolutely right there york. Frank is absolutely right there when he is talking about there when he is talking about the coalition is going on behind the coalition is going on behind the scenes. But certainly the situation in lebanon as front of mind in the un lebanon as front of mind in the un. Because of those images you have seen un. Because of those images you have seen coming of lebanon and the Last have seen coming of lebanon and the Last few weeks. In at the Last the Last few weeks. In at the Last few the Last few weeks. In at the Last few days you have seen these Last few days you have seen these air Last few days you have seen these Air Strikes which have killed these Air Strikes which have killed civilians and children, those killed civilians and children, those plumes of smoke rising into the those plumes of smoke rising into the sky, destroyed buildings, and the lindsay is pushing buildings, and the lindsay is pushing into the ruined streets. And all those people who streets. And all those people who jammed the highways for days, who jammed the highways for days, Tens Of Thousands of pe0pte days, Tens Of Thousands of people who have left their homes people who have left their homes in at the south of the countrx homes in at the south of the country. Those images are being looked country. Those images are being looked around the world, particularly by World Leaders. That particularly by World Leaders. That is particularly by World Leaders. That is why they are trying to impress that is why they are trying to impress on both Hezbollah And Israel impress on both Hezbollah And Israel that a ceasefire is necessary. But i think a feel they necessary. But i think a feel they are necessary. But i think a feel they are very much on the front foot they are very much on the front foot the they are very much on the front foot. The Air Strikes in lebanon foot. The Air Strikes in lebanon this year are designed to help lebanon this year are designed to help people in the north of israel to help people in the north of israel return. They are very much israel return. They are very much the israel return. They are very much the more powerful Military Force much the more powerful Military Force in much the more powerful Military Force in this case. Hezbollah are armed and backed by iran, they are armed and backed by iran, they do are armed and backed by iran, they do have a stock of missiles and it had been using them missiles and it had been using them. But they dont have the war planes that israel has. But i think war planes that israel has. But i think the war planes that israel has. But i think the feeling at the moment from World Leaders is they moment from World Leaders is they want to say to these two sides. They want to say to these two sides. We they want to say to these two sides, we realise you Cant Sort sides, we realise you Cant Sort this sides, we realise you Cant Sort this out immediately. They are pushing for this 21 day pause, are pushing for this 21 day pause, that they want both sides pause, that they want both sides to pause, that they want both sides tojust stop pause, that they want both sides to just stop and try and have sides to just stop and try and have some kind of direct conversation to head off what is at conversation to head off what is at the conversation to head off what is at the moment this continuing escalation. Frank, when peeple continuing escalation. Frank, when people talk continuing escalation. Frank, when people talk about continuing escalation. Frank, when people talk about an i when people talk about an all out regional war, what would mean . It allout regional war, what would mean . Allout regional war, what would mean . It would mean drawin would mean . It would mean drawing in would mean . It would mean drawing in all would mean . It would mean drawing in all of would mean . It would mean drawing in all of irans drawing in all of irans so called axis of resistance, the houthis in yemen, who have still got a sizeable arsenal of missiles and drones. They fired a long range ballistic missiles at israel Last night. It would be drawn in syria, probably not the syrian government itself, because it knows that they with our decision on damascus and other cities would be devastating for them. The retaliation the retaliation. It could possibly pull in iran and the united states. Interestingly, irans allies in iraq, the Iran Aligned Militias there, have won the uae that if there, have won the uae that if there is an All Out War, their first target would be at the united arab emirates. The uae has sides of the Kojey Abraham accords three or four years ago, with israel. They consider that to be treachery. Anybody that to be treachery. Anybody that sounds a peace with israel, short of the palestinians getting a state of our own, is considered in some eyes to be betraying that cause. That is a bit of a shock because the uae would be quite vulnerable with its kind of massive tourist industry, is desalination plants, Oil Refineries and so on, so im sure that is being taken very seriously in abu dhabi. An All Out War would be catastrophic for the region. All prices would go spiking up. It could potentially even affect the strait of hormuz, through which 20 of the Worlds Oil passes. It could affect Gas Exports coming from qatar. It would have a big knock on effect on the worlds economies. People are just trying to calm the temperature of the whole thing. All of this really comes back down to a ceasefire in gaza. Get a ceasefire in gaza and the temperature on that northern border between Israel And Lebanon will kill. Hezbollah have backed themselves into a corner. They have said, we are not giving up until there is a ceasefire in gaza. This is one of the reasons why the fighters were to be very difficult. This the israelis have got hezbollah on the back foot, they do not want to give them a 21 Day Breathing Space so they can regroup, rearm, sort out their communications, bury more of their munitions. That is not in israels military interest, they consider. From the hezbollah site, if they agree to anything short of a ceasefire in gaza, the leadership will appear weak. Remember, thousands of their members have been named, wounded by these Pager Attacks and Walkie Talkie explosions, many of them have been killed in Air Strikes. A lot of them are baying for blood. In Air Strikes. A lot of them are baying for blood. 0k, we are baying for blood. 0k, we are ust are baying for blood. 0k, we are just seen are baying for blood. 0k, we are just seen the are baying for blood. 0k, we are just seen The End are baying for blood. 0k, we are just seen The End of are baying for blood. 0k, we are just seen The End of the l are just seen The End of the previous speaker, the pakistani leader there. Those are the images from New York as we just follow events with a big Speaker Schedule at the un general assembly. We saw some images are there of Mr Netanyahu and his wife arriving in the us. We are expecting him to speak next and take to the podium. As we have been hearing, it will focus on what hearing, it will focus on what he is going to say, a lot of speculation on whether he is going to agree to some sort of pause. Letters were sent down to Benjamin Netanyahu as he takes to the podium in New York. Order, please. Mr president , ladies and gentlemen, i didnt intend to come here this year. My country is at War Fighting for its life. But after i heard the lies and slander is levelled at my country like many of the speakers at this podium, i decided to come here and set the record straight. Applause. I decided to come here to seak. I decided to come here to speak for. I decided to come here to speak for my. I decided to come here to speak for my people,. I decided to come here to speak for my people, to i. I decided to come here to i speak for my people, to speak for my country, to speak for the truth. Here is the Truth Israel seeks peace, Israel Yearns for peace, israel has made peace and will make peace again. Yet we face savage enemies who seek our annihilation, and we must defend ourselves against these savage murderers. Our enemies seek not only to destroy us, they seek to destroy our common civilisation and return all of us to a dark age of tyranny and terror. When i spoke year Last year, i said we faced the same timeless choice that moses put before the people of israel thousands of years ago. As we were about to enter the promised land, moses told us that our actions will determine whether We Bequeath To Future Generations a blessing or a curse. And that is the choice that we face today. The curse of irans unremitting aggression, orthe of irans unremitting aggression, or the blessing of aggression, or the blessing of a historic reconciliation between arab and due. In the days that followed a speech, the blessing i spoke of came into sharper focus. A Normalisation Deal between Saudi Arabia and israel seems closer than ever. But then came the curse of october 7. Thousands of iranian backed hamas terrorist from Gaza Burst into israel in pick up trucks, on motorcycles, and they committed unimaginable atrocities. They savagely murdered 1200 people. They raped and mutilated women. They beheaded men. They burn babies alive. The entire families babies, children, parents, grandparents, in scenes reminiscent of the nazi holocaust. Hamas kidnapped over to new people from dozens of different countries, dragging them into the

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