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BBCNEWS Asia July 6, 2024

rebecca babin is a senior energy trader at cibc private wealth. she gave me her predictions. i think the concern right now is really concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it increases freight costs. and it has increased insurance costs. that is what the markets are pricing in and looking at at this point. the market has not entered a panic mode, as we have seen in the past with other geopolitical events, where it starts to pricing supply is lost from the market. right now it is a logistical rerouting what we re seeing, and not kind of that panic and fear that we re going to lose barrels. that obviously can change very rapidly. to ....

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CNNW CNN July 6, 2024

hello and merry christmas eve. welcome to cnn this morning. i m amara walker. i m danny freeman in for victor blackwell. thank you for joining us. here s what we are watching for you. attorneys for donald trump with the late night court filing urging a federal appeals court to throw out the federal election subversion case against him. why they claim he has absolute immunity. war in the holy land on this christmas eve. the idf expanding operations in gaza as president biden gets on the phone with the israel leader to discuss the war a. the latest on the victims and gunman police are searching for. t tis the season for spreading holiday cheer. a study shows people sharing time to volunteer is dropping. we will discuss ahead on cnn this morning. new this morning, former president donald trump s legal team a major legal move. a light night filing urging federal appeals court to throw out the federal election subversion case in washington, d.c.. that trump ....

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CNNW CNN July 6, 2024

happy holidays, everybody. you are live in the cnn newsroom. i m jim acosta in washington. we begin about breaking news. president biden revealing details about his long phone call with benjamin netanyahu. we re following everything at the white house. kevin, what did the president have to say? reporter: yeah, he was on the south lawn on his way to camp david, and he said that it was a long phone call with netanyahu that he had earlier today. he said he didn t call for a cease-fire and wanted the talks to remain private. i do think it s interesting, president biden of course is someone who believes very strongly that all of the advice, all of the recommendations that he can provide to the israelis is best delivered behind closed doors. he thinks that s the most effective way to sort of apply pressure on israel to to alter its war plans. certainly the backdrop to this phone call has been this parade of american officials who have been traveling to israel over the l ....

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BBCNEWS Click July 6, 2024

now on bbc news, time for click. this week, nick s getting into his trunks to find out what a phone can do for a forest. now i ve just completed another survey injust under a minute. we ll find out what lara s thinking as she immerses herself in culture. i know what i m looking at now, but how do i feel? and less than two years after ai took up art, is it ready for hollywood? spencer s getting his big trailer voice ready. the ai will listen to the audio. deep trailer voice: ..and generate me a new one. jazz music plays. this is the tinpot jazz orchestra. it lasts less than a minute, but it is a charming, glitchy, cartoon like production created using generative ai video tools. now, this means that the characters weren t designed by illustrators and animators. instead, they were described in english to an ai, which then created them itself. the film was made by william bartlett, who s a creative director from visual effects house framestore, and who, like a lot of genera ....

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BBCNEWS Asia July 6, 2024

i think the concern right now is really kind of concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% is because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it increases freight costs. and it has increased insurance costs. so that is what the market is pricing and looking at this point. the market has not entered a panic mode, as we ve seen in the past with other geopolitical events, where it starts to price in supply is lost from the market. right now, it is a logistical re routing, what we are seeing, and not kind of that panic and fear that we are going to lose barrels. that obviously can change very rapidly, and we have seen that obviously can change very rapidly. the venezuelan president ....

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