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Transcripts For BBCNEWS World Business Report 20240707



we start with the soaring cost of living because there s a warning home energy bills here in the uk could rise even higher than previously feared this winter. wholesale gas prices have jumped back to near record highs after a further squeeze on europe s gas supplies by russia. our global trade correspondent dharshini david has the details. this is being claimed as the first truly global energy crisis, the result of moscow weaponising fossil fuels in europe has been the key target. this is the wholesale price paid for gas there. 4a8% higher than a year ago because traditionally it got to 40% of its gas from russia. that latest rise reflects a focus on this, this is nord stream one, the pipeline carrying bird of europe s russian gas supply all the way to germany, that flow has now dropped to just a fifth of normal levels, russia blames that on the impact of sanctions on vital equipment, opponents say it s an attempt to blackmail by turning down those taps. those concerns ....

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Transcripts For BBCNEWS BBC News 20240707

russia and ukraine accuse each other of shelling europe s biggest nuclear power plant. there are warnings of possible dispersal of radioactive particles. in the uk, the two candidates trying to become the next prime minister set out their plans to deal with forecasts of an economic downturn. chinese fighter jets fly close to taiwan s coastline, as bejing halts cooperation with the us on key issues, including climate change. and europe s record drought leaves more than a hundred french towns without fresh drinking water. hello, and welcome if you re watching in the uk or around the world. first the sauer. first this hour. first this hour. israel says it s arrested 19 members of the palestinian group, islamichhad, in raids across the west bank. this is after carrying out air strikes against targets in gaza yesterday. the raids killed ten palestinians, including a commander of islamichhad and a child. in retaliation, islamichhad militants fired dozens of rockets into israe ....

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Transcripts For BBCNEWS BBC News 20240707

who was allegedly racially profiled during a stop and search, says he was pulled over for a second time by seven armed police officers. the met says it s voluntarily referred the incident to the independent office for police conduct. good afternoon booking to bbc news. the labour leader, sir keir starmer, has set out proposals that he says will prevent household gas and electricity bills rising sharply this winter, in england, scotland and wales. he wants to freeze the energy price cap for six months, and pay for the shortfall in part by backdating the windfall tax on oil and gas companies. but a leading independent research group says labour s plans could end up costing as much as the government s covid furlough scheme if it was extended beyond the original six month period, and they were not a long term solution. here s our political correspondent, ione wells. from doing the washing to cooking food to heating our homes, the cost of energy is going up just as autumn and wint ....

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Transcripts For BBCNEWS The Papers 20240707



and the international atomic energy agency says north korea is expanding facilities at its main nuclear site. those are the latest headlines on bbc news. hello and welcome to our look ahead to what the papers will be bringing us tomorrow. and no prizes for guessing what is on the front of them! with me are natasha clark, political and environment correspondent, and professor anand menon, director of uk in a changing europe, which describes itself as providing independent research on brexit and its impact. so, as promised, let s show you the front of those newspapers before we talk about them in detail. the guardian like every front page has the story of the conservative party voting in favour of boris johnson remaining as prime minister, as he survived a vote of confidence in his leadership. the i paper says mrjohnson won the vote by 211 to 148. that means 58.8% of the tory party support mrjohnson. but the times says the result has left borisjohnson a wounded victo ....

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Transcripts For BBCNEWS BBC News 20240707



mona lisa with cream cake, a man is held after attempting to deface the world famous portrait in the louvre museum in paris. welcome to our viewers on pbs in america and around the globe. by the end of the year, the eu will be blocking 90% of its oil imports from russia. that is the message coming from the eu member states as they imposed further sanctions against vladimir putin s government over its invasion of ukraine. the bloc agreed to ban more than two thirds of russian oil imports straight away at a summit in brussels, where hungary heavily dependent on russian oil resisted a full oil embargo. european commission president, ursula von der leyen said the agreement was very significant for reasons of climate as well as dealing with moscow. it isa it is a big step forward, what we did today, because indeed we now have gotten rid of cole and this was already very difficult. now we have basically the political agreement, how to phase out oil in a clear timeframe ....

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