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BBCNEWS Asia July 6, 2024



but will it last? 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% 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. 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 c ....

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BBCNEWS BBC July 6, 2024



they added a super league may not be approved. our reporter simon stone has the latest. remind us of the background to this. 50. has the latest. remind us of the background to this. has the latest. remind us of the background to this. so, in 202112 of euro e s background to this. so, in 202112 of eumpe s biggest background to this. so, in 202112 of europe s biggest clubs, background to this. so, in 202112 of europe s biggest clubs, three - background to this. so, in 202112 of europe s biggest clubs, three from | europe s biggest clubs, three from spain, three from italy and six from the premier league put their name to what is known as super league, it was going to be a new competition, it was proposed to be a new competition. almost immediately there was a backlash against this and within a8 hours, the whole deal had collapsed. nine of the clubs, all six from england, plus atletico madrid and two milan clubs pulled out. but real madrid and barcelona and juventus c ....

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BBCNEWS World July 6, 2024



we start here in the uk with a very rare piece of good news about the cost of living because for people in england, scotland and wales, average energy bills are set to fall by hundreds of pounds this summer. the uk energy regulator ofgem is about to release its latest price cap the maximum amount suppliers can charge the average household. because the cost of energy has fallen sharply on global markets, that cap is expected to come down from july, saving the typical household annually around £450. hannah miller has been talking to energy users in the east of england who have been struggling to pay their energy bills. since we last came to suffolk, 18 month old robyn has taken her first steps. and her mum, claire, has been trying to keep the family bills under control. we first met in august, when claire was already cutting back on her electricity use. i am terrified that, when the winter comes, we re not going to have enough for the bills. since then, energy pric ....

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BBCNEWS Asia July 6, 2024



around 0.32%. some reprieve, but will it last? rebecca babin is a senior energy trader at cibc private wealth. she gave me her predictions. 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 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 price in 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 g ....

Prisoner Swap , Shipping Advisors , Suranjana Tewari , Red Sea , Asia Business Report , Supply Chain , Oil Prices , Energy Giants , Energy Trader , Rebecca Babin , 0 32 , Shipping Costs , Suez Canal , Freight Costs , Insurance Costs , Panic Mode , Sri Lanka , 00 Million , 800 Million , Business Correspondent , World Bank , 50 Million , 250 Million , Foreign Exchange Reserves , Asian Development Bank , Doesn T ,

BBCNEWS BBC July 6, 2024



south wales police give more details about events leading to the death of two boys in cardiff but their account raises fresh questions. inflation is in single figures for the first time since last august but food prices have continued to surge at their fastest rate in nearly 45 years and a life changing medical breakthrough as a man paralysed in a cycling accident walks again, thanks to implants in his brain. on bbc london. later in the hour, on the bbc news channel will not round up the latest action and key interviews and discuss the biggest talking points from here at the bbc sportscenter! good evening. tina turner, widely hailed as the queen of rock and roll , has died she was 83 and had been ill for some time. born anna mae bullock in the state of tennessee, she became famous in the late 1960s, performing as a duo with her abusive husband ike turner. as a solo artist with global hits like what s love got to do with it , the best and private dancer she ....

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