world leaders are meeting in italy for the latest g7 — fresh economic pressure on russia is expected in response to the war in ukraine hamas calls on the us to step up pressure on israel to accept a deal leading to a permanent ceasefire in gaza. clashes between police and anti—government protesters continue into the night in the argentine capital buenos aires — we'll be live there for the latest. and the ship on which the explorer sir ernest shackleton made his final voyage found on the sea floor in canada. hello, i'm sally bundock. good to have you with us. it is

another busy programme. let's get started. world leaders are meeting at the g7 summit in southern italy later to impose fresh economic pressure on russia in response to its war against ukraine. there is a lot to discuss. the leaders of the seven powerful economies are expected to agree to use the interest from frozen russian assets to raise $50 billion a year for ukraine. but some european countries are nervous about who ultimately will bear the risk. president biden is also due to sign a new security agreement with president zelensky, as part of long term support to kyiv. for more on this, i'm joined by andrew d'anieri — resident fellow at the atlantic council's eurasia center. good to have you on the programme. what progress will they make, do you think on that very point — of increasing the economic pressure on russia?

thanks for having me. in terms of sanctions pressure, that's what we mean immediately by economic pressure on russia i think it can be relatively modest, ux —— the us announced a new raft of sanctions and secondary sanctions against entities both russian and those that are essentially trends shipping dual use goods and weapons to russia, that is a major to do to come out from the us side, ahead of the summit, we could see some kind of agreement or statement from the g7 leaders, encouraging china to back off, essentially, sending dual use technology to russia which would be significant because of the european leaders including president macron actually recently met with the chinese president in france so it would be significant to see european leaders also push back on

abatingsupport for russia. interesting to see what actually does happen because as ever with these g7 summits we hear a lot about their intentions and plans but when it comes to what really does happen and practised afterwards, it is not so clear? that's absolutely right but i do expect in relative terms this to be a pretty action packed g7 summit if we can we will likely have a bilateral security report suggesting there will be a ten year commitment that would not only weapons transfers but intelligence sharing and military training and that goes alongside 14 other countries, including germany, the uk and france they have signed similar guarantees with ukraine. so that i think is big news and the other one is that we expect there to be the announcement of

a $50 billion loan to ukraine, essentially backed by the annual interest on the frozen russian asset, currently in g7 member countries.— russian asset, currently in g7 member countries. russia is the most sanctioned _ member countries. russia is the most sanctioned country - member countries. russia is the most sanctioned country in - member countries. russia is the most sanctioned country in the l most sanctioned country in the world but so far its economy has not really been impacted when you look at its growth, it is busy selling its oil and other assets to china and india and elsewhere. so far, really, the financial sanctions, economic sanctions have had little impact on russia's behaviour? i little impact on russia's behaviour?— little impact on russia's behaviour? i think that is probably _ behaviour? i think that is probably a _ behaviour? i think that is probably a fear— behaviour? i think that is probably a fear take - behaviour? i think that is probably a fear take i - behaviour? i think that is i probably a fear take i would add some context of there, the russian economy is probably operating at its maximum out right now. they have essentially shifted their economy from one that was normal but relatively weak and dependent on energy sales to europe to one that is more dependent on industrial manufacturing, especially

almost entirely for the defence sector and then also on energy sales to countries in asia. now the kremlin has to be a much higher cost to send energy to china, to india, it is not as easy as the pipeline they would prefer to send them through to europe. and china and india are eating a russians lunch a hobbit, taking advantage of those lower prices for oil and gas. i think the russian economy has proved more resilient than many people thought especially with all these sanctions but it has reoriented in a way in a way in which it is more brittle and dependent on the war effort and it is bearing a higher cost for the russian government and the russian people.— russian people. thank you for our russian people. thank you for your time- _ resident fellow at the atlantic council's eurasia center. we will be across that g7

meeting in southern italy. a gorgeous location, photo opportunities and all that goes with it. we will keep you up to date. hamas has called on the us to step up pressure on israel to accept a deal leading to a permanent ceasefire in gaza. washington has claimed israel supports the proposal, which was unveiled by president biden, but there has been no official confirmation from benjamin netanyahu's government. speaking in qatar on his latest trip to the region, us secretary of state antony blinken said that american and other mediators will work over the coming days to see if they can reach an agreement for a ceasefire in gaza. with me is bbc arabic�*s mohamed taha. hello again. nice to see you. let us talk about the ceasefire agreement, what more can you tell us? , ., tell us? the parties did not disclose their _ tell us? the parties did not disclose their positions - disclose their positions clearly, so both parties did

not say yes or did not say no to the american proposals or the israeli proposals that was conveyed by the american president. so, the israelis, the israeli prime minister did not come publicly to say he is accepting the proposals, however, the secretary of state said he accepted the proposals but benjamin netanyahu says war aims did not change from eliminating hamas which practically means no full withdrawal from gaza, practically means no full withdrawalfrom gaza, no withdrawal from gaza, no permanent withdrawalfrom gaza, no permanent ceasefire. 0n the other hand, hamas handed the response to the american proposals, listing some changes, one of these changes is israeli withdrawal from the borders between egypt and gaza, which allow the rougher crossing the border to be open to the humanitarian aid. ——

rafah. in to the humanitarian aid. -- rafah. ., , ., rafah. in northern israelthere is an escalation _ rafah. in northern israelthere is an escalation of _ rafah. in northern israelthere is an escalation of violence? i is an escalation of violence? israel in the last hour killed a top leader of hezbollah, this is the highest leader of hezbollah, he is killed in this war so far. and hezbollah on the contrary, they launched tens of missiles against southern israel. there were a meeting in israel to discuss the escalation in the northern israel. some analysts are saying that if the war in gaza would stop, the israeli government might find this an opportunity to launch an attack and start a war with hezbollah. before we let you go what is the latest on humanitarian aid?

there are reports humanitarian aid, international reports there is starvation in northern gaza at the moment. all gaza now is sealed with israeli troops, there is no single crossing border that the aid can come freely to gaza, the only way of aid now is the platform that was built by the americans, that was stopped for some time for weather reasons, and because of the rule this platform played in freeing the hostages, this aid operations are in difficult position. mohamed taha from bbc arabic. let's get some of the day's other news now. the republican—controlled us house of representatives has voted to hold us attorney general merrick garland in contempt of congress. it's for his refusal to turn over audio recordings of president biden�*s interview with the special counsel investigating his handling of classified documents. the justice department already

turned over a transcript of the interview to investigators in february, but the white house declined to provide audio asserting executive privilege. the un refugee agency says the number of people forced to leave their homes because of violence or persecution has risen for the twelfth consecutive year to reach a record 120 million. the conflict in sudan alone has driven 9 million people from their homes in little more than a year while syria remains the world's largest displacement crisis, with nearly 14 million people unable to return home. people have taken to the streets of the ecuadorian capital quito to protest against the policies of president daniel noboa. they're accusing his administration of increasing the cost of living and pushing households into poverty. president noboa's controversial rise in vat from 13% to 15% to fund security campaigns, have met with dissent from the opposition.

record rainfall and flooding is causing transport chaos in southeastern florida with main highways closed due to hazardous driving conditions. hundreds of flights have been delayed, as more rain is expected. the flooding coincided with the start of hurricane season. clashes between police and anti—government protesters have continued into the night in the argentine capital buenos aires. riot police used shields and motorcycles to force crowds away from the congress building. there have been running battles, with protesters setting cars alight and hurling stones and petrol bombs at police — who responded with water cannon and rubber bullets. the demonstrators were attempting to halt proceedings in congress, where lawmakers were debating a raft of far—reaching economic reforms proposed by the right—wing

presidentjavier milei. the measures include cutting state spending and weakening employment rights. (read 0n valen iricibar is editor for the buenos aires herald, and has been covering the protests. what more can you tell us about what is happening now in eunice aries? ., , ., aries? good morning is a right now the senate _ aries? good morning is a right now the senate are _ aries? good morning is a right now the senate are still - now the senate are still discussing and voting at the individual chapters of the very controversial, more than trying to hold the proceedings of what is going on in congress protesters were more opposing the actual content of the bill and urging senators to vote against it. and urging senators to vote against it— and urging senators to vote against it-— and urging senators to vote auainst it. ~ ., ., i. ~ against it. what do you think will happen _ against it. what do you think will happen next. _ against it. what do you think will happen next. you - against it. what do you think will happen next. you couldl will happen next. you could argue that argentina voted in javier milei, he was very clear with his campaign that he would be putting through radical reforms to try and help the argentinian economy question?

so as of right now it looks like it will go through, what happened is of an hour ago, the session is ongoing and they are voting on the individual chapters, it looks like this particular law will go through and yes, absolutely in fact, he celebrated last week, he described himself as a mole who had come especially to destroy the state, he is doing what he said on the tin, electorally. a lot of the protesting has to do with him, his administration taking things a bit further than was expected. there are a lot of the elements of the bill that are extremely controversial so that is why there has been spontaneous nationwide protesting and a lot of consistent encouragement for senators and deputies to vote against the on —— on the what particular aspects are

controversial.- particular aspects are controversial. ., ., controversial. he has had to water a lot _ controversial. he has had to water a lot of _ controversial. he has had to water a lot of what - controversial. he has had to water a lot of what has - controversial. he has had to j water a lot of what has gone through congress. hasn't mainly been changes to rights for employees that are most controversial?— employees that are most controversial? it's difficult to oint controversial? it's difficult to point out _ controversial? it's difficult to point out which - controversial? it's difficult to point out which one - to point out which one specifically, it is sometimes it gets lost as to how mammoth of a bill this is. i think the main sticking point was for example the delegation of legislative powers to the presidentjavier milei would take on a lot of powers now reduced to four areas, a lot of the bill has been reduced in scope because it had failed be handed in february. there is also an incentive regime that would grant tax benefits to companies who want to import and invest over $200 million, there is a lot of issues when it comes to regulating energy, as mentioned labour reform, a lot of controversial labour reforms being put forward which as you said they were watered down and been highly contested in the streets and in the

courts, but it is an assortment of controversial proposals that are being protested against. thank you forjoining us live from the capital of argentina. thank you for talking to us on bbc news about what is happening in argentina. around the world and across the uk. this is bbc news.

around the world and across the uk. this is bbc news. the labour leader, sir keir starmer, will claim his party's election manifesto, to be published this morning, will put wealth creation at the heart of his plans for government. as the tories seek to draw a dividing line with labour on tax cuts, sir keir starmer will counter that he rejects the instinct to tax and spend. 0ur correspondent damian grammaticas reports. you must see quite a few of

these. three weeks until polling day and in the manifesto he is unveiling today kier starmer says there will be no surprises. the labour leader well aware every opinion poll continues to indicate a healthy lead for his party. service manifesto will tread carefully on promising change. it manifesto will tread carefully on promising change.- manifesto will tread carefully on promising change. it will be a positive _ on promising change. it will be a positive case, _ on promising change. it will be a positive case, detail- on promising change. it will be a positive case, detail about i a positive case, detail about the future of the country, how we renew and how we rebuild. i'm not complacent about this i know that every single vote has to be earned. nobody has cast a vote in this election yet. but it is important i think for the country to have changed. labour sa s it's country to have changed. labour says it's number _ country to have changed. labour says it's number one _ country to have changed. labour says it's number one priority - says it's number one priority will be wealth creation to improve living standards for all. it claims it has a plan to kickstart growth, it will not increase income tax vat or national insurance but will invest in the industries of the future, saying that will create 650,000 jobs. the party is

making some promises such as 2 million more nhs appointments a year to bring down waiting lists, and vat on private school fees to pay for six and a half thousand teachers for state schools. rishi sunak and kier starmer took part in interviews in front of a live audience on sky news last night. the labour leader faced sustained questioning about his past support forjeremy corbyn, his tax plans and with he is a bit robotic. rishi sunak was jeered when he blamed doctors strikes for nhs waiting list, and a lifelong tory voters did her trust was broken when he was fine for attending a downing street party during the pandemic. the conservatives say labour is not being upfront about what it would really do in office. ., ., �* ., ., in office. labour don't have a [an in office. labour don't have a plan and _ in office. labour don't have a plan and if — in office. labour don't have a plan and if they _ in office. labour don't have a plan and if they do _ in office. labour don't have a plan and if they do have - in office. labour don't have a plan and if they do have a . in office. labour don't have a i plan and if they do have a plan they are certainly not comfortable talking about it and i think that is really arrogant, three weeks out from arrogant, three weeks out from a general election, not willing to be honest with voters about what your intentions are if you

are to form a government, arrogant beyond belief. but this will be _ arrogant beyond belief. but this will be labours day to set out his vision and with the days to polling day counting down the opportunities for the conservatives to change the apparent arc of this election are slipping by. damian grammaticas, bbc news. the ship on which the explorer sir ernest shackleton made his final voyage has been found on the sea floor off the coast of newfoundland in canada. shackleton had a fatal heart attack on board the quest in 1922, on his way to the antarctic. the ship remained in service for another a0 years before finally sinking in 1962 as rebecca morelle reports. setting sail for sir ernest shackleton's final expedition, the ship, called quest, leaving london for antarctica, but shackleton never made it. he died of a heart attack aged a7, while the ship was in the harbour at south georgia. quest continued in service

until it sank in 1962. now, an expedition has been searching the labrador sea off canada, where the vessel was lost. they used sonar to locate it. that's it. you got it. are you serious? well, look, that's what i thought. the image shows quest lying almost intact, 390 metres down. this matches exactly the characteristics, the size, and the fact that we can see a mast. it's very clear that it's... ..that it's quest. we have some wonderful news. we have located quest. the team contact alexandra shackleton, sir ernest shackleton's granddaughter. well, i suppose at the end, the final discovery of the shackleton story. as you know, it ended when he was only a7, and the ship went on which is why this expedition came into being. it's squaring the circle. on board quest, shackleton wrote in his diary the night before he died, "4th of january, 1922. "it's a strange

and curious place. "a wonderful evening. "in the darkening twilight, i saw a lone star hover, "gem—like above the bay." rebecca morelle, bbc news. in new york, robert de niro's tribeca festival is drawing to a close — and among the films that have impressed audiences is samia, which is based on the true story of a young somalian sprinter who made it to the 2008 beijing olympics. from new york, tom brook reports. it is summertime in new york city at the tribeca festival has been bringing out the crowds. 0ne film making an impact as set a continent away in somalia. tells of the efforts of a determined young sprinter in conflict on mogadishu. samia a free

spirited independent woman, she has ambition. she spirited independent woman, she has ambition.— has ambition. she was only 17 when she _ has ambition. she was only 17 when she qualified _ has ambition. she was only 17 when she qualified for - has ambition. she was only 17 when she qualified for the - when she qualified for the olympics and that was our mogadishu was for many decades strikes an amazing achievement of a young woman. she strikes an amazing achievement of a young woman.— of a young woman. she was selected — of a young woman. she was selected to _ of a young woman. she was selected to represent - of a young woman. she was | selected to represent somali of a young woman. she was . selected to represent somali in the 2008 summer olympics, what stands out in the story is fierce determination to run despite opposition from local militants and others who believe women should not be involved in sport. it is not just it is notjust a story of one young woman's ambition, this is a film touching on many different issues as well as samia herself.— different issues as well as samia herself. she was an inspiring _ samia herself. she was an inspiring figure _ samia herself. she was an inspiring figure for- samia herself. she was an inspiring figure for so - samia herself. she was an | inspiring figure for so many women and muslim people all over the world. of course there are so many aspects about this

woman there is a personal story which is the actually the young woman who is a talented runner and there is the political side, it is about female rights, it is about determining your own future, making your own decisions and it is about how we deal with women who go their own way and what kind of obstacles they are facing. some areas more than others. so, i think the story of samia has a lot of elements that deeply touched me. when i knew or found out about the story i knew of course, it needs to be told. i think knew of course, it needs to be told. ithink it knew of course, it needs to be told. i think it is relevant for so many people. samia is a owerful for so many people. samia is a powerful moving _ for so many people. samia is a powerful moving story, - for so many people. samia is a powerful moving story, to - for so many people. samia is a powerful moving story, to its l powerful moving story, to its credit it is not overly sentimental you and authentic to its african roots, but what will happen to this well brought to once tribeca is over. will see the light of day in cinemas or end up on a streaming platform. what may help it get a distribution deal in the fragile world of

independent cinemas the compelling depiction of relationship.— compelling depiction of relationship. compelling depiction of relationshi. ~ ., relationship. we like to make this family — relationship. we like to make this family live _ relationship. we like to make this family live in _ relationship. we like to make this family live in the - relationship. we like to make this family live in the people | this family live in the people around us, it is about family and support, samia could do the things because she was supported by the father who did not think there was anything wrong with a woman running and thatis wrong with a woman running and that is what we try to put it, there is a cliche that every somali or muslim father has a problem with this daughter being independent woman, and it's not. last being independent woman, and it's not. �* v it's not. at the film 's premiere _ it's not. at the film 's premiere was - it's not. at the film 's premiere was in - it's not. at the film 's premiere was in the l it's not. at the film 's - premiere was in the italian novelist who wrote the book on which the film is based, and co—wrote the screenplay. it is a tragic tale, samia may have been an olympic athlete but she ended up drowning as a refugee trying to cross the mediterranean. the author thinks the picture gets audiences to identify with the plight of migrants. this audiences to identify with the plight of migrants.— audiences to identify with the plight of migrants. this is the

bi est plight of migrants. this is the biggest hope _ plight of migrants. this is the biggest hope that _ plight of migrants. this is the biggest hope that they - plight of migrants. this is the biggest hope that they after l biggest hope that they after watching the movie or reading the level, they understand that we are all the same human being. we are all the same human beinu. ., , ., ., being. the film got up to a aood being. the film got up to a good start _ being. the film got up to a good start at _ being. the film got up to a good start at tribeca, - being. the film got up to a good start at tribeca, the l good start at tribeca, the audience gave it a standing ovation. although samia drowned in 2012, this picture is helping to keep her story of spirited determination alive. tom brook, bbc news, new york. people in china have got their first look at the giant panda fu bao following her return from south korea. she had been undergoing quarantine and health inspection for two months. fu bao, who was born in south korea, created a nationwide sensation. she is now exploring her new home. i will be back in a moment at business today, looking at all

sorts including the controversial agm at tesla today. see you in a moment. hello there. it's turning more unsettled across the uk for the end of the week. we're picking up low pressure off the atlantic. that's going to bring wind and rain increasingly so across the country during thursday. although we start the day chilly and bright like we have the last few mornings. however, we cut off that arctic airflow, the blue colours, then replace it with something milder for the end of the week. however, that comes with wind and rain all tied in with this frontal system linked to low pressure. before it moves in, though, it's going to be another chilly start to thursday up and down the country. these are towns and city values could be low single digits. again, ruralspots. so plenty of sunshine around. chilly. one or two mist patches. rain already getting into northern ireland will spread across the irish sea through the morning, reaching western britain around lunchtime. some of this rain will be quite heavy at times. the winds picking up too, eventually reaching eastern areas. all but north—east scotland and east and

south—east england. here it'll stay dry until after dark. 17 or 18 degrees will be the high. that's pretty decent considering the fact there'll be a lack of sunshine. now through thursday night the heavier the rain pushes northwards across scotland and the northern isles. elsewhere, it's going to be clearspells, patchy cloud and a few showers. but look at these temperatures. vastly different how it's been the last few nights. a mild one to come with temperatures in double figures, low teens celsius pretty much across the board. for friday, low pressure sits across the uk, bringing showers or longer spells of rain. longer spells of rain will be affecting the northern half of scotland without weather fronts. elsewhere, it's sunny spells, scattered showers. some of these will be heavy and thundering places, particularly central, southern and western areas. but in between, some good spells of sunshine and that'll lift temperatures up 18 to 20 degrees in the warmest spots. friday night will be very mild again. and as we head into saturday, low pressures withers again, showers or longer spells of rain. some good sunny spells in between, though. if you avoid the showers and stay dry all day, it could be quite pleasant.

again, those temperatures into the high teens, closer to the mid—teens across scotland where we have more cloud and rain. 0ur area of low pressure just hang around, though, for part two of the weekend, even into the start of next week. but it could be that southern parts of britain on sunday could see drier, sunnier weather at time with the rain across the north. but there'll be further showers as we head into the start of the new week as well. take care.

higherfor even longer. the us federal reserve predicts it'll cut the cost of borrowing just once this year despite signs of progress in the battle to control inflation. there has been modest further progress towards our inflation objective. we will need to see more good data to bolster confidence that inflation is moving sustainably towards 2%. that didn't stop the s&p 500 and nasdaq from closing at new record highs for the third day in a row. i for the third day in a row. think the market is happ lot i think the market is happy. a lot of people suddenly say no rate cuts. they will take the one. also coming up, how much is too much? tesla's board wants to give elon musk a pay deal worth $56 billion — the biggest in corporate history. early indications are most shareholders are in favour.