Stay updated with breaking news from Exporter office. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Asks of you, as well, to accept short term pain for long term good, the difficult trade off for the genuine solution. And i know that after all that you have been through, that is a really big ask and really difficult to hear. That is not the position we should be in. Its not the position i want to be in, but we have to end the politics of the easy answer that solves nothing. Lets speak to our political correspondent, nick eardley, at westminster. What big asks is he talking about . That is the million question, and i think what was pretty clear from keir starmer is that the next few months are not going to be that much fun actually when it comes to government announcements. The most striking bit for me was when he said the budget is coming in october and it will be painful, those with the broadest shoulders will face the heaviest burden. Absolutely clear there will be some really unpopular announcements in that budget, perhaps around attacks, perhaps focus more on people with higher i ....
Between april and june, the company made a Profit Ofjust over 30 billion, a lot of money by anyones metric, but significantly down from more than the 48 billion it made in the same period a year ago. The main reason is, as you can see here, that oil prices during the period were at the lowest point in the last year, as the boost they got from russias invasion of ukraine wore off. And last week, in an effort to keep them that way, saudi arabia said it would only produce nine Million Barrels a day. That extended Production Cuts by the 0pec group of big oil producers, who profit more from a higher price. When it comes to saudi aramco, those higher prices mean higher Dividend Payments for shareholders, and its boosted those to nearly 30 billion in the current period ....
Business stories. We start in saudi arabia as the Worlds Biggest OilCompany Aramco is set to announce its latest Half Year Results in the next half an hour or so. Last year, aramco netted record profits of over 160 billion, buoyed by soaring energy prices. But in may this year, they reported that profits dropped by nearly a fifth in the first three months of the year as the gloomy Global Outlook saw oil prices drop. To tackle this, saudi arabia has been cutting production to the tune of1 Million Barrels a day. They started in july and have now extended to september. The oil price has since been creeping up. Live now to our middle east Business ....