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[00:00:06] of
[00:00:11] These are the latest headlines from BBC News: another
[00:00:14] strike hits Riyad airport in Saudi Arabia, hours after Yemen's
[00:00:18] hoothies warned airlines to avoid the country's air space.
[00:00:22] 13 people were killed and hundreds wounded in another hoothy attack on
[00:00:26] Saturday. President Zelensky has denied knowledge. of an
[00:00:30] energy cease fire with Russia announced by Donald Trump. But it
[00:00:34] says Ukraine supports the idea if Russia does
[00:00:37] too. The leader of
[00:00:41] India's concord junta party says they will neither back down
[00:00:44] nor be intimidated.
[00:00:46] It was early released after being detained at Delhi's
[00:00:49] airport. Pope Leo says
[00:00:51] of he's to undergo surgery after his doctors detected what he called a very
[00:00:55] early stage nodule in his lung. And Manchester City
[00:00:59] win. 3-0 despite the booze from
[00:01:01] of Liverpool fans in the first match since being found guilty of financial
[00:01:05] rule
[00:01:09] of breaches.
[00:01:16] me of of Global Business news from the bordroom or grassroots. BBC News cuts through the jargon to add
[00:01:19] color, depth and context. With live
[00:01:22] in reaction from Wall Street and Asia, studio interviews with top CEOs and
[00:01:26] a the latest innovations in technology. Talking Business!
[00:01:32] Hello and welcome to Talking Business. Here's what's on the program this
[00:01:35] week. The damage done by diesel as high prices
[00:01:39] blight the global economy, we'll ask if Europe can cut its
[00:01:44] a in long-term dependence on imports of this vital
[00:01:46] a fuel. War in the
[00:01:47] of Middle East and Europe has redrawn the global energy map, but is a
[00:01:51] damage to the global economy also here to
[00:01:54] in stay. I'll hear from this trio of experts: the European
[00:01:58] Commission's energy spokes. person tells me how the continent can limit the
[00:02:02] damage from expensive diesel. this expert on
[00:02:05] Chinese energy policy will explain what Beijing's restrictions on
[00:02:09] exports mean for the rest
[00:02:11] of the
[00:02:11] a world, and this leading economist lays out what it might mean for the global
[00:02:15] economy and how businesses and consumers can make ends
[00:02:19] meat, and the sound of European
[00:02:22] of manufacturing. the boss have won high-end German Audio firm tells me how he
[00:02:26] pictures his products in China amed growing trade.
[00:02:33] in in pensions. Welcome to the
[00:02:36] program. Our citizens need and deserve
[00:02:39] affordable energy. Those words could come from any number of
[00:02:43] politicians around the world right
[00:02:45] of now. They were though the thoughts of EU Commission president von
[00:02:49] Delion after this month's agreement by leaders
[00:02:51] of the G7 advanced economies to released 100
[00:02:55] million barrels of oil and diesel from their stock
[00:02:58] of piles. Amid the wars. in the Middle East and Ukraine, it marked the
[00:03:02] second major release this year. It happened because high energy
[00:03:05] prices
[00:03:06] a continue to put pressure on prices right across the global
[00:03:09] economy. And that inflation has meant the US Federal Reserve and
[00:03:13] other central banks have felt the need to push up interest rates in an effort
[00:03:17] to suck money out
[00:03:19] of the economy. But why has diesel in particular, become such
[00:03:22] a crisis and what can be
[00:03:24] a done about it in the longer term, given it's
[00:03:26] of so important to powering the global economy? Well diesel prices
[00:03:30] have been climbing steadily in
[00:03:32] the United States, but it's been a similar picture in Europe and other parts
[00:03:36] of the world. Since the Iran war started earlier this
[00:03:39] year. War damage to refineries and other infrastructure in
[00:03:43] Russia and the Middle East has
[00:03:45] a redrawn the global diesel map, with much bigger share now
[00:03:49] coming from the United States. That has increased President Trump's
[00:03:52] leverage, perhaps explaining why he was able to use the threat of an
[00:03:56] export ban to force that
[00:03:58] in release of reserves ahead. the US mid-term elections,
[00:04:02] europe has lot of diesel
[00:04:04] and they're going to be making a major world contribution and
[00:04:08] so are
[00:04:09] of we, and we're not going to be uh doing the export ban, we're going to
[00:04:13] be doing what we're supposed to do, but I did ask them
[00:04:17] and we're going to have lot of oil very shortly as Iran
[00:04:20] ends which won't be
[00:04:22] of long, not going to be
[00:04:23] of long, and you're going to have oil go down
[00:04:25] of to the price it was before, maybe even lower than I got it
[00:04:29] at the... Yes, the EU is one part
[00:04:32] in of the world that's heavily reliance on imported diesel, and nearly
[00:04:36] 40% of its imports have been coming from the
[00:04:38] US, and because diesel powers
[00:04:41] of most lorries, tractors and
[00:04:43] of buses, as well as 38% of EU cars, its price has
[00:04:47] had an impact right through the economy. At a minimum, depending on the
[00:04:51] horsepower
[00:04:51] of the vehicle, our costs can range from 350 euros a day to as much as
[00:04:55] 600 euros a day for larger machines and bigger farms. Can we keep going?
[00:04:59] No, we can't.
[00:05:06] of
[00:05:21] nearly around, i spent 200 miles per
[00:05:24] week and that cost me so much just to go and come
[00:05:28] back, at the moment i'm looking for something now remotely just
[00:05:32] to save money because it's it's ridiculous, i cannot cannot
[00:05:36] call,
[00:05:38] you know, either you spend it in food or
[00:05:41] fuel so... got to balance what's what's what is
[00:05:45] the priority? is it the food for the family or is it the
[00:05:48] petrol? so what difference will that release of strategic
[00:05:51] reserves make to businesses and consumers across Europe who,
[00:05:55] as we've just heard, are struggling with high energy prices. i've been
[00:05:59] speaking to the European commission's energy spokesperson.
[00:06:03] and welcome to talking business, good to have you here and
[00:06:07] maybe talk to me first of all about that release of strategic reserves, why
[00:06:11] did it take the United states and that threat from President Trump to
[00:06:15] encourage, maybe force the EU to release those
[00:06:17] reserves. The main thing is that G7
[00:06:21] leaders uh made a commitment not to introduce
[00:06:25] any bands, for from our point of view, European citizens
[00:06:29] need and deserve affordable energy, and this is now a step
[00:06:32] forward. Does that now mean that prices at the pump will
[00:06:36] fall, because we've seen the impact of higher energy and fuel and
[00:06:40] gas prices, but particularly diesel. what is of
[00:06:43] concern? it is true that diesel prices have
[00:06:47] basically doubled. i'm talking about the prices in Europe, what we have been
[00:06:50] seeing since since the closure of straight of hormos and
[00:06:54] we trust that the decision and the subsequent action that will be
[00:06:58] taken by international energy agency and g7
[00:07:01] will positively impact oil and oil product prices, but
[00:07:05] obviously from the European perspective, as long as we
[00:07:09] rely and import fossil fuels we are. obviously
[00:07:13] importing the shocks and crisis that come with them. what are the
[00:07:16] levers that you can pull uh to
[00:07:20] make sure there is consistent supply, but the prices are
[00:07:24] affordable, because we know that particularly for diesel, it has huge
[00:07:27] repercussions for the wider economy. it is true. in
[00:07:31] Europe, we refine approximately
[00:07:34] 85% of our own production. our
[00:07:38] suppliers are well diversified across global
[00:07:41] markets. so for us
[00:07:43] we we are already we're a a comfortable situation as
[00:07:47] regards getting supplies, but then of course as regards
[00:07:51] prices, mean this we're talking about a global crisis and then obviously
[00:07:55] what we can do in the European commission is is it
[00:07:59] has its limits, so what we are going to be doing now in
[00:08:03] short term is to ensure for Europeans that we take
[00:08:06] all the measures including temporary state aid framework that we are going to be
[00:08:10] prolonging, we are going to postponed our methane regulation by one
[00:08:14] year, so these are the type of measures. what we really are facing
[00:08:18] now is crisis of high energy prices, what we are facing
[00:08:22] now is an affordability crisis and suppose for the right price
[00:08:26] anything can be made available, suppose that's the issue, maybe in that focus on
[00:08:30] renewables, we all took our eye off off the
[00:08:34] the affordability of supply of fossil fuels, and that's why
[00:08:37] we're facing the challenge that we face today, isn't it? that is correct,
[00:08:41] and and when we look at the the consumer
[00:08:45] prices for electricity for example in our member states, the lowest
[00:08:48] prices, consumer prices are in those member states where the the energy
[00:08:52] mix is mostly clean, meaning renewables and nuclear, so
[00:08:56] there is also clear economic incentive to move towards cleaner
[00:09:00] energies, but obviously this is a longer term strategy, and
[00:09:04] now it is possibly going to be very difficult winter at such, so
[00:09:08] therefore we are now also focusing on the shorter term measures.
[00:09:12] that can have bite immediately. Anna Kaiza Idken, thank you for
[00:09:16] being on the program with us this week. It's good to talk to you. Thank you for having me. Thanks
[00:09:20] lot. On the other side the world, China continues to have
[00:09:24] huge influence on global energy markets. It's
[00:09:27] suspended most refined fuel exports for October as the country
[00:09:31] prioritizes domestic supply. Along with the US, China
[00:09:35] is one the world's major producers of diesel. So what impact
[00:09:39] could it have on the already under pressure diesel price? My next
[00:09:43] guest is an expert on Chinese energy policy at the Oxford
[00:09:46] Institute for Energy Studies. Dr. Michal Madon,
[00:09:50] welcome to Talking Business, good to have you here and and maybe explain this first
[00:09:54] of all, that China is one the biggest producers of diesel in the world,
[00:09:58] yet it's enforced an export ban. Why? So I think you have to
[00:10:02] trace the ban back to March when the crisis uh first
[00:10:05] started, and that was about maintaining domestic supply
[00:10:09] security. As the months went by and Chinese government
[00:10:13] realized that they had enough for domestic supplies,
[00:10:16] then they increased exports. Now we're coming up,
[00:10:20] well
[00:10:20] this week is the national holiday, there's
[00:10:22] a lot of travel, there's
[00:10:24] a lot of expect. of more industrial activity in China, so the government has
[00:10:28] actually put a temporary pause on exports again to maintain
[00:10:31] domestic supply security. yeah, and is that about that diesel being
[00:10:35] used right now, or is this about making sure
[00:10:38] that there's enough in reserve in their stock powers to to boost them given what
[00:10:42] we've seen in the middle east? both, so the really the idea
[00:10:46] was when refiners were allowed to export over the summer, it was
[00:10:50] on the condition that domestic stock piles would be enough, because
[00:10:54] china like... many other countries around the world and many other buyers around the
[00:10:58] world just don't know how long this crisis is going to last, so what are the
[00:11:02] implications then for the customers of that Chinese
[00:11:06] diesel, particularly I think the European Union? so the European Union is sort
[00:11:09] of second order effect, the the primary customers of Chinese
[00:11:13] exports are really Asian countries, Singapore, but Singapore is a
[00:11:17] transit hub, the Philippines, Myanmar, Bangladesh,
[00:11:20] Australia, and so the impacts are actually quite
[00:11:23] differentiated. If you think about Australia for
[00:11:27] example needs diesel but also jet in Bangladesh, in lower
[00:11:31] income countries, it's very much about the running the economy and people's
[00:11:35] daily lives, so they're very much suffering from the lack of
[00:11:38] exports. Now, this is a global market, so if
[00:11:42] Asian countries don't have enough that increases prices from
[00:11:45] everyone, Europe is impacted because there are higher prices
[00:11:49] and because Europe has lost Russian diesel exports and so it's
[00:11:53] all going into a global pool that's making... prices higher, and there had
[00:11:56] been hopes that China may have played a pivotal role in making sure that
[00:12:00] there was continuity of supply, and are those hopes now
[00:12:04] dashed with this export ban in place? I think the export ban is
[00:12:08] temporary, but I also think we have to sort of bear in mind that China is
[00:12:12] a relatively small exporter of diesel, Europe is a biggest is a
[00:12:16] bigger producer as is India, a bigger exporters of
[00:12:19] diesel, but again every drop matters right now, and
[00:12:23] is this politics or... is it about economics? it's about
[00:12:26] logistics of keeping the Chinese economy going, or is this about
[00:12:30] something bigger, another front in that big trade war that
[00:12:34] China and the US and the European Union and big trading blocks are facing
[00:12:38] right now? I think this is very much sort of energy security and domestic
[00:12:41] economics and logistics. Chinese refiners
[00:12:45] sort of would love to export more because the prices of diesel on
[00:12:49] the global market or so high, they'd actually fetch nice margin and that would
[00:12:53] be great for them. so they would like to export, but the government
[00:12:57] is looking after the domestic supply situation.
[00:13:01] there's been a lot of talk that China has um underused refining
[00:13:05] capacity and could actually increase its refinery runs
[00:13:08] right, so it could process more crude and help out the international market. of
[00:13:12] course you have to buy the crude oil that goes into those refineries and
[00:13:16] that's quite expensive right now, and not all of China's refineries
[00:13:20] are able to export, so it's not a particularly nimble or
[00:13:23] economically efficient. system and we sometimes overlook that.
[00:13:27] Dr. Michael Medan, it's good to talk to you on the program this week. Thank you. Thank
[00:13:31] you. So, how does all of this tie together for the global
[00:13:34] economy, and those ambitions many politicians have to bring
[00:13:38] inflation down to the 2% target that is set by their
[00:13:42] central banks. That would of course ease the cost of living crisis
[00:13:46] that millions are facing right now. I've been catching up with renowned
[00:13:49] economist who was the deputy director the international monetary fund and
[00:13:53] is now chief economic. advisor at the insurance giants
[00:13:57] alliance. good to talk to you on
[00:14:00] the program this week and we're looking at higher diesel
[00:14:04] prices, higher energy prices right around the world, but let's focus on diesel
[00:14:08] and what impact that has on the wider economy when prices are at
[00:14:12] the solder levels that we're seeing today. it has huge
[00:14:16] economic impact, social impact and political impact
[00:14:20] economically, everything we buy a
[00:14:23] shop has a diesel fuel element to it,
[00:14:27] transportation is absolutely key, that uses mainly diesel,
[00:14:31] farming,
[00:14:32] it is all over the economy, it's a price we don't normally look
[00:14:35] at, but now it's the first price i check every
[00:14:38] morning, it has social impact too, because it hits the lower income
[00:14:42] households particularly hard, and then you get the political
[00:14:46] impact, it adds to this affordability pressure that's
[00:14:50] driving lot the politics we seeing around the world, but this is
[00:14:53] everyday cost isn't it, and already coming on the top of a cost of
[00:14:57] living crisis? it is, um, and it's ironic,
[00:15:00] because you will hear for example, the US president
[00:15:03] saying that the tanker flow out the middle
[00:15:07] east is back to poo level, and that's true for crude
[00:15:11] oil, the problem is refined products, and there's two
[00:15:15] issues here, one is the flow out is at about 50% of what it
[00:15:19] was, and secondly, refineries are not
[00:15:22] operating the way they should be, so... Suddenly it is
[00:15:26] refined products that become important and the most
[00:15:29] important
[00:15:30] of all refined product is diesel because it impact is so wide spread.
[00:15:34] Traditionally of course central banks would raise interest rates to. try and keep a
[00:15:38] lid on rising prices to tackle inflation, but
[00:15:42] you're suggesting that this time around it's very different and they shouldn't do
[00:15:46] that. first of all, it won't do anything for the supply of
[00:15:49] diesel. um, second, it's a
[00:15:52] wrong policy response. the white policy response is
[00:15:56] fiscal adjustment, and the advantage of fiscal adjustment is it
[00:16:00] helps a second price that's really problematic all over the world right
[00:16:04] now, and that is government bond yields with.
[00:16:07] defines what our mortgages cost, how much corporate
[00:16:11] lending cost, so if the government doesn't reduce its
[00:16:15] claim, we're going to see interest rates continuing to go up, and
[00:16:19] that's going to add yet another leg to the affordability crisis
[00:16:23] that lot of people are feeling, and which taxes would you look at changing as
[00:16:26] part of that fiscal response? so it varies enormously
[00:16:30] from country to country, in some cases you're able
[00:16:34] to raise the income tax. on the
[00:16:38] wealthiest part the population, in other
[00:16:41] cases, like the UK, there's a case for an
[00:16:45] extra levy on banks, it really does vary from country to
[00:16:48] country, and many these countries can
[00:16:52] benefit from more efficient and rational expenditure.
[00:16:56] um,
[00:16:56] you know, I'm not saying it's easy, it requires political
[00:16:59] leadership, but better do it now, then when you
[00:17:03] have crisis and if you look around the world, there are three
[00:17:07] g7 economies that are particularly vulnerable and who would have thought a g7 economy would be
[00:17:11] vulnerable and that is France, we see what's happening in France, Japan
[00:17:15] and the UK, you say that better to do now than
[00:17:19] before we're a crisis, is this not crisis
[00:17:22] already? by crisis i mean that
[00:17:26] financial instability and prices
[00:17:30] start hurting the real economy a fundamental way, so let's
[00:17:34] assume that these ability
[00:17:37] pressures persis what's going to happen
[00:17:39] what economist call demand destruction, people will buy
[00:17:42] less, people will not be able to afford what they
[00:17:46] have, companies seeing this will invest less, and next thing you
[00:17:50] know you're getting closer to either store speed, meaning the economy
[00:17:54] slows down and is very, very exposed to
[00:17:58] recession, we don't want to get there, so what is the solution here, what happens
[00:18:01] next, take take a page from what you've been advocating to
[00:18:05] others for such a long time, fiscal responsibility
[00:18:08] matters, economic growth matters, productivity growth
[00:18:12] matters, and this all can be done through policies,
[00:18:16] it just requires political leadership. Dr. Mohamed Alarian, really good to
[00:18:20] talk you, good to get your insight this week, thank you so much, thank you.
[00:18:24] Still to come after the break, why made in Berlin is music to
[00:18:28] Chinese ears. The boss of top German audio firm
[00:18:31] tells me why high-end prices aren't drowning his company out
[00:18:35] of a competitive market.
[00:19:14] Meet the cultural visionaries shaping our artistic landscape. You need
[00:19:18] a kind of mystery, kind of curiosity with your own work. Gain rare
[00:19:22] access to their daily pursuit of excellence. This
[00:19:26] experiencing of music is almost sacred. Discover the
[00:19:30] passion, discipline and ambition behind their success.
[00:19:33] We're here to complete the execution of a dream. See ideas.
[00:19:37] transformed into lasting works of art and performance
[00:19:41] arts in motion on BBC
[00:19:43] News
[00:19:53] Welcome back to Talking Business now if you think of home audio products you may
[00:19:57] think of China and
[00:20:00] no wonder it's estimated 80% of such products
[00:20:04] are manufactured there but there are exceptions bombers. is
[00:20:07] one of Germany's best known high-end audio brands, it makes all of
[00:20:11] its products in Berlin and sells them all over the world, even
[00:20:15] in China, but China's domestic brands are becoming
[00:20:19] increasingly innovative, and so can European
[00:20:22] manufacturing and heritage compete with new high-tech
[00:20:26] players. I've been speaking to Bormaster's chief executive.
[00:20:30] Torston, welcome to Talking Business, good to have you here, and look, if someone's
[00:20:34] not heard of uh the company, what is it that you
[00:20:40] has the privilege for almost 50 years now to build some the most
[00:20:44] sophisticated and prestigious stereo systems in the
[00:20:48] world equipping the most beautiful cars in the
[00:20:51] world uh with sound with music um that's what we do
[00:20:55] from source device to a speaker
[00:20:59] and who are you selling them to because already I get a sense that these
[00:21:03] don't come cheap do they they come with lot of quality and this
[00:21:07] quality comes a certain price that's correct
[00:21:10] nevertheless the let's say the bandwidth of customers is is
[00:21:13] huge uh we have very wealthy people of course among our
[00:21:17] customers but we also have people in them always proud when i see this
[00:21:21] that come here with their can working gear and they really save
[00:21:24] their money to be able to afford a component or a system of
[00:21:28] hours to enrich their life with the way they want to experience their music
[00:21:32] with. okay so tell me if i brought my car to you and i said kitted up with a good
[00:21:36] sound system thouston, how much is it going to set me back roughly? well it
[00:21:40] sets you back the entire price the car because we are not doing
[00:21:43] anything after sales, we are supplying um
[00:21:47] mercedes, AMG, porschea. miibah
[00:21:51] ferrari with systems and they are built
[00:21:54] in from the factory, but we are not doing any after
[00:21:57] sales systems, so regret when you will have to go with a completely
[00:22:01] new car. okay, take your point, maybe i can't afford the car, but you
[00:22:05] know, give a sense, what does a system like this cost, how much would
[00:22:09] it set me back? the surcharge of a burmaster system a car is
[00:22:13] between 1,00 euros and e or 9,00
[00:22:16] euros, so it's uh, it's a lot less than... than the
[00:22:20] home components or the integrated components that we're that we're
[00:22:24] doing, but it's a completely different system, it's a completely different quantity of
[00:22:28] course, and as well as cars, you put them in people's houses as well, and that's
[00:22:31] an important market for you, isn't it? it is,
[00:22:34] it is where we are coming from, actually, and today we're one the few companies
[00:22:38] that is supplying and manufacturing every type of
[00:22:42] device in this industry, from a turntable, to speakers, to amplifiers,
[00:22:46] to music servers, basically anything, well...
[00:22:50] where in the world are you selling as well, where are your customers right now? guess
[00:22:54] there are audio lovers all over the world, but where are key markets for your
[00:22:57] business? since Germany is our domestic market, Germany is
[00:23:01] still relevant market for us, but it has been
[00:23:04] outrun uh by the United States
[00:23:08] and especially by China. Asia in general is is
[00:23:12] very strong region for us, we have founded our own entities in the United
[00:23:16] States and this year also in China to expand our business there and...
[00:23:20] fulfilling the promise that comes with bulmester when it comes to experience
[00:23:24] also around the product, we had to to go this
[00:23:27] step. how challenging is the Chinese market for you though, as an
[00:23:31] outsider, going to a place that I think makes about
[00:23:34] 80% the world's audio equipment. It is very
[00:23:37] tough market to be in. luckily, the Chinese customers
[00:23:41] appreciate the quality that we are providing, and the
[00:23:44] challenge comes with the lack of patience the
[00:23:48] customers.
[00:23:49] um, the... customers, more than any other customer in the world wants to
[00:23:53] be quick with getting his or her individual
[00:23:57] product, so also in order to adapt to this
[00:24:00] demand, um, we had to found our entity
[00:24:03] there, and do you worry that as business trading with
[00:24:07] the US and China, but being based there in Europe, you end up getting
[00:24:11] caught up, your collateral damage in the huge trade disputes
[00:24:14] between three huge trading blocks, we don't know what the future
[00:24:18] brings, of course you're right, "there is lot of tension when it comes to this
[00:24:22] uh, what I can say at the moment is that uh is is
[00:24:25] running very well um also
[00:24:28] a a daily basis when it comes to financial transactions when it comes
[00:24:32] to um delivering shipping products um everything
[00:24:36] is well in place and uh things down there are running
[00:24:39] well um when you adapt to the rules
[00:24:43] and um and this is what's what we do right now those threats
[00:24:47] of things like terrorist from the white house" have a big effect on
[00:24:51] firms that are importing and exporting? mean, what is it meant for you? for
[00:24:55] us, the situation uh turned out positively,
[00:24:59] because our the category of products that we are
[00:25:03] doing is a 10% tariff, and we could
[00:25:06] compensate this in the market through adapting prices,
[00:25:10] through um taking some the tariffs um
[00:25:13] and on on our shoulders, so they
[00:25:17] um the growth in the market and the still... existing high
[00:25:20] demand of for our product over
[00:25:22] there um made this
[00:25:25] situation by far not as serious as we
[00:25:29] were - feeling it
[00:25:32] initially. Touston really good to talk to on the program this
[00:25:36] week. My pleasure, thanks for having me. That's all for this
[00:25:40] week. You can keep up to date with all the latest on the global economy on the BBC News
[00:25:44] website and app. But until next time, thanks for watching and we'll see you
[00:25:48] soon. Bye-bye.
[00:25:59] Hello there. Let's take a brief look now at the world weather forecast for. next day
[00:26:03] or so and we'll begin in North America.
[00:26:06] now the heavy rain has pulled away from the appellations the mid-atlantic states
[00:26:10] out into the Atlantic, some high snowfall accumulations perhaps
[00:26:14] across the Canadian prayer still as we head through Monday and the
[00:26:17] remnants of Hurrican Rachel have brought about lot of tropical moisture
[00:26:21] leading to
[00:26:22] some very heavy downpours across the desert southwest into the four corners
[00:26:25] region. meanwhile um hurricane Simon has made
[00:26:28] landfall on the west coast of Mexico, some huge... huge
[00:26:32] rainfall totals here, some very strong winds and huge storm
[00:26:36] surge as well, the rainfall continues across many parts of central America, the Caribbean and
[00:26:40] also across the far northwest of South America, the showery outbreaks of rain
[00:26:44] stretching down through the Amazon and some more heavy downpors too
[00:26:48] expected across southeastern areas of Brazil, there's been recent flooding,
[00:26:52] cooler air continues for many parts of Argentina, meanwhile it's
[00:26:55] warming up across southwestern Europe, Iberia and in France temperatures
[00:26:59] climbing still unsettled across the far northwest with these low pressure
[00:27:03] systems across the United Kingdom moving through to Scandinavia where
[00:27:06] temperatures will also build in that milder air, very unsettled still with the
[00:27:10] deeper of low pressure continuing to develop in the Mediterranean effects in southern
[00:27:14] Italy, Greece and the Balkans and also some these North African
[00:27:18] countries too, Algeria and Tunisia, some thunderstorms developing
[00:27:22] here, meanwhile around the Gulf of Guini, the tropical zone we'll see some high rainfall
[00:27:26] totals, also across the highlands of Ethiopia and into
[00:27:29] Somalia, now for the Middle East there will be some shower
[00:27:33] outbreaks of rain across the caucasus, down into the levant, at times heat
[00:27:36] continues across the Arabian peninsula, the southwest monsoon has begun
[00:27:40] its withdraw, it's currently across central states of
[00:27:44] India, slightly ahead of schedule, showers continue across the far
[00:27:48] south and across Sri Lanka as well, we could see deep area of low pressure,
[00:27:52] possibly a tropical cyclone develop in the Bay of Bengal as we head through the next few
[00:27:55] days, meanwile these tropical cyclones out in the pacific
[00:27:59] largely skirting past Japan, so not affecting land continues
[00:28:03] across China, particularly for central southern areas there, and the
[00:28:07] monsoon rain continues across Southeast Asia as we'd expect
[00:28:10] to see it this time of year still. Meanwhile, across Australia we're seeing some
[00:28:14] fairly high rainfall anomalies, particularly across the desert interior and
[00:28:18] across South Australia and into the southeast as well, there could
[00:28:21] be some more thunderstorms affecting uh parts of Victoria and into
[00:28:25] New South Wales. Bye for now, there is
[00:28:29] nothing like driving into a moving story and not. knowing what
[00:28:33] is going to happen, you can hear the sound of celebratory
[00:28:36] gunfire. i live for those moments. journalism is about being there
[00:28:40] as events unfold and telling people not only what happened, but
[00:28:44] why it matters and what it means. history happens
[00:28:48] in real time, and someone needs to be there to witness
[00:28:51] it.
[00:28:58] the stories we tell make headlines. lot of people here telling me that.
[00:29:02] Land is not for sale and have a lasting
[00:29:06] impact. Reporting live from Doha as the war with
[00:29:09] Iran continues, so we go there to ask
[00:29:13] questions and see for ourselves, on the ground,
[00:29:17] across continents, and back at the studio,
[00:29:20] we bring you closer to the story, the world
[00:29:24] today. Watch on BBC
[00:29:26] News!
[00:30:06] live from London, this is BBC News: another
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[00:30:13] day after 12 people were killed and hundreds wounded in a
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[00:30:25] Trump, but he says Ukraine supports the idea if Russia does
[00:30:28] too. At least 139 people have been. killed
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[00:30:43] reported missing. Manchester City win
[00:30:47] 3-0 against Liverpool in their first match since being found
[00:30:51] guilty of breaching financial rules.
[00:30:55] Pope Leo says he's to undergo surgery after his doctors detected
[00:30:59] what he called "