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BBCNEWS World Business Report July 7, 2024

we will look at taiwan in the moment and the implications of nancy pelosi s trip there. we start with oil and the impact high prices is having on the global economy. nearly every country is struggling with the climbing cost of oil and gas as it fuels inflation and households struggle to pay bills so much so that president biden visited saudi arabia last month to persuade the major oil producer to increase supply and cool soaring prices. saudi arabia meets today with the other members of opec plus to decide on their next move. our middle east business correspondent sameer hashmi has more. another opec plus meeting but this one is a crucial one that comes with them if as of august producing the same amount you are back most members of opec plus in the uae only to members which have limited spare capacity. that boils down to them whether they will be able to boost production substantially to balance the market and bring down oil prices. it s very unlikely they are going ....

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BBCNEWS BBC News July 7, 2024

election has been delayed, after concerns were raised that hackers could influence the outcome. and it s 50 years since nearly 30,000 ugandan asians began to arrive in the uk after being forced to flee their homes by uganda s then military ruler. we ve been hearing some of their stories. hello and welcome if you re watching in the uk or around the world. the speaker of the us house of representatives nancy pelosi has met the taiwanese president during a visit that s been strongly condemned by the chinese government. taiwan is self ruled, but beijng sees it as a breakaway province that will eventually unite with it. it s an island roughly 100 miles from the coast of south east china. china took the island from japan in 1945 after world war two, but after a civil war in china, defeated nationalist forces fled to taiwan. today it sees itself as an independent country, with its own constitution and democratically elected leaders. only 13 nations recognise taiwan as sove ....

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KNTV NBC Nightly News With Lester Holt July 7, 2024

the potential risk including paralysis, especially for children and actress anne heche, her death at 53 a week after crashing her car into a home. the message from her heartbroken family announcer: this is nbc nightly news with lester holt good evening i m tom llamas in for lester tonight we start with that breaking news our first look at the search warrant used to seize those highly classified document the fbi found inside former president trump s mar-a-lago residence. that unprecedented search turning up sensitive documents, four even labeled top secret and meant to be viewed only in highly secured facilities tonight what we re finding out about what else was found including 27 boxes, information about the president of france, clemency papers for top trump confidante roger stone and binders of photos. all of it fuelling questions tonight about what will happen next with a document stating agents were searching for evidence of violating three laws including par ....

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MSNBC Morning Joe July 7, 2024

if there is anyone that could balance all of the tough and competing issues in a high stakes meeting in a region, it is president joe biden. and with that question and about that balance, especially given the murder of khashoggi and president biden has said i made it clear how i feel about that. but yet this visit is validating that there is a balance between strategic economic realities and moral issues. and at same time, it comes back to our dependence on foreign oil, does it not. there are other ways that we should be solving this problem, would you not agree? mika, i want to see us make a transition to a lower carbon cleaner economy to breaking our dependence on fossil energy more than anybody i know. as much as many of my colleagues in my caucus in the senate. and to your point, this highlights that right now at a time when prices at the pump are high for the american people, they ve come down. here in delaware 50 cents over the last month. but they are still t ....

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BBCNEWS The Context with Christian Fraser July 7, 2024

with conservative members. the two of them have faced off tonight in wales. and a hosepipe ban for gardeners in parts of southern england. but how are the farmers coping with the lack of rain? we ll be live in essex to find out. tonight with the context, the former adviser to hillary clinton, amanda renteria, and former senior adviser to george w bush, ron christie. hello, a warm welcome to the programme. she was there less than 2a hours, but the fallout from nancy pelosi s visit to taiwan looks like it might endure for some time. china is about to begin three days of live fire military exercises barely 12 nautical miles off shore, which taiwan says amounts to an air and sea blockade. such was the military response to the speaker s visit yesterday, the flight that transferred her from malaysia to taiwan was forced to take a three hour detour around the phillippines. and it remains tense. at one point today, taiwan scrambled its own fighterjets to ward off those from chi ....

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