u.k. time, we'll get wages out of the u.k. and unemployment data. wages softening a little bit, which, of course, willing be welcomed by the bank of england. 7:00 p.m. u.k. time, bloomberg will be speaking to jeremy hunt. his reaction to the data. likely political questions as well for the chancellor. that's 7:10u.k. time. ericsson dropping at 6:00 a.m. u.k. time and we are switching focus to the luxury space later today. we're going to get lvmh sales as well so a key gauge on the health of the luxury sector and follow that firm earnings news from goldman sachs. the of can others follow suit in terms of the pickup they see. the earnings story being fleshed out later today. you can get a round-up of the stories you knew need in today's edition of daybreak. get a deep dive there. coming up, israel vows to respond to iran's attack over the weekend. does the west call for restraint? we get the latest next. this is bloomberg. ♪ tom: welcome back to bloomberg daybreak: europe. we're going to check oil is gold for you right now. the pricing action about th

the u.k. chancellor tells bloomberg the start of rate cuts could lift the mood in the u.k..is at an autumn election. we bring more with our interview. that is next. this is bloomberg. ♪ >> welcome back to bloomberg daybreak: europe. jeremy hansen is the prospect of interesting cuts will lift the mood of voters and say the government will call a general election until the autumn. >> the decision for the independent bank of england -- that decision is taken independently. they have to look at a lot of things. we still have a very strong wage growth data going on for nine months in a row in real terms. but i think the big message from today is the imf are saying inflation will be 1.2% lower. there are people who are forecasting inflation will be lower in the u.k. or possibly even the eurozone. that situation we were in 18 months ago with inflation at 11.1%, that is well and truly behind us. if you are looking forward in terms of long-term prospects, the imf are saying the u.k. will grow faster than france, germany or italy over the next six years. >> you are not concerned about

the u.k.e minister says the first asylum flights to rwanda will leave in 10 to 12 weeks come what may. first, he has to secure the legislation. we are in the final stages of that tonight. we will take you to westminster. donald trump is in court in new york. the first ever criminal trial of a former u.s. president. we will get reaction to the case set out today by the prosecution. hugh edwards says he is leaving the bbc on medical advice, nine months after he was suspended. and the latest on the you and, the investigation into the palestinian aid agency which was accuseby israel of having links to hamas. very good evening. it will be july before a plane takes migrants to rwanda. prime minister rishi sunak set out his timetable this morning, admitting it will take longer than he would like. the rwanda bill which is likely to become law tonight designed to curb any legal challenge to that process but it appears, not giving up without a fight. these are the live pictures of the lord, settling in

joining me to discuss the future of the u.k.sector is noel hurley, ceo of literal labs, and a former vp at u.k. chip designer arm. such a consequential company within the tech space based in cambridge. listed in the u.s. this is something that rishi sunak, the prime minister of the government, will welcome. they wanted to craft the u.k. into a global leader when it comes to ai. what is the significance of a company like microsoft developing and investing in london? noel: it is a fantastic endorsement for the talent that we have in london and in the u.k. more broadly. it validates a long history of computer science and research off the back of what are strong universities from a research perspective. it is not just oxford and cambridge but also universities like manchester, sheffield, leeds, etc. across the country, there is a fantastic base of research. this is validation that we are world leaders in of the space. tom: i want to get your take on what your company is doing and the proposition around ai shortly. but monday get you

looking at you as-u.k.cause foreign secretary david cameron is the latest to make the trip to washington. a few hours ago he met u.s. secretary of state antony blinken here. talks focused on the two major conflicts, stability in the middle east and the war in ukraine. republican lawmakers have been holding up a proposed $60 billion military aid package for ukraine for months. republican house speaker mike johnson has not let the ukraine eight issue be debated in the house of representatives as yet. lord karen said it was not for fallen -- foreign politician to tell lawmakers what to do, but he urged congress to see the funding released. >> i think it is absolutely in the interest of u.s. security that putin fails in his illegal invasion. it is good for u.s. jobs that we continue to back ukraine with the weapons that they need. i think in terms of how the united states, united kingdom, as allies are seen around the world, there will be people in tehran, pyongyang, beijing looking at how we stand by our allie

the u.k.ear-old girl was among the victims. they were loaded onto an overcrowded boat carrying more than 100 people. the home secretary went to see for himself the work being done to stop the smuggling gangs. he sent this messa. >> this is a global challenge. this is a global problem. it demands global solutions. that is why as well as the work we are doing in the u.k., we are working with international rtners to break the business model of these people smuggler -- smuggling gangs that are operating across europe and across the channel a make sure we stop things. >> concerns have been expressed in europe and within the u.n. that the bill passed monday breaes international law. they are calling on the u.k. government to reconsider its plan. the conservative mp from bournemouth east is with us, he voted for the bill on monday night. thank you very much for being with us. when it first came to the floor of the house, the question you asked was can you confirm that this bill if it receives royal d

or the u.k.e a -- responsibly updating both countries and making sure perhaps not to the specifics of the operation but the general nature and scope of what he plans to do. dark on the other signed there has been a meeting between the iranians and the russians. how precarious do you think the situation is at the moment? what is the level of risk we are looking at? >> i'm sorry. can you repeat that question? >> the meeting today between the iranians and the russians. work closely aligned then they re previously. i wonder what the scale of the risk is in mind of that developing relationship. >> this relationship has been ongoing and developing over time especially since 2015 when both countries became involved in syria. iran is supplying russia with drones and russia is helping iran with armaments. it is very concerning. this could lead to further escalation. tomorrow the u.s. congress is holding a special hearing to focus on the russian iranian relationship. definitely this should be on the radar

around the world and across the u.k., you're watching "bbc news." for our u.k. still with us, let's take a look at some of the stories make news here. the families of two school girls murdered in 1986 have received apolls from says ex police. russell bishop killed the two in a woodland then in brighton. he was initially cleared but was convicted after double jeopardy laws were changed. the scotland government is to target greenhouse targets by 75% by the end of of the decade. scientists have said that al is now undriverable. that final goal of 2045, will remain. world health is calling for smacking to be illegal in northern ireland and the u.k. the u.k. says the current laws already protect children from violence. downing street has ruled out tonight making any further concessions on its rwanda bill as the standoff between the government and the house of lords continues. m.p.'s have been debating and voting on the afternoon over changes made by peers. the bill then returned to the upper chamber, being detected now for a third round of this so-called partly meant

growth will not be strong, it will run below u.k. supply growth. kriti: feels like the u.k.t on the same path. forget the u.s., but the ecb is doing its thing. you have three central banks diverging. talk about this review. perhaps the dismissal of fan charts catching investors, but scenarios, where you looking for and strategy? anna: scenarios have been floated around. they're open to change. the way they communicate with the use of charts, there are arguments about scenarios being improved and their easy to understand in the sense that instead of impossible outcomes, you tell the public how you could end up in those scenarios. they could improve the narrative, but what is the long-standing challenge of the boe is communication around the ray path and we are left in the dark about where rates will head in the future. the question is whether the boe will shift its forecast. a bath for interest rates backed by a model on judgment that will improve communications, i think this is the area we are focused on. kriti:. plots come with criticism as it is. anna, thank you for the re

coming up, after months of wrangling in the u.k. parliament , rishi sunak's flagship rwanda deportation bill is set to become law. we are going to take a look at what happens next year in london and in rwanda. that is next. ♪ tom: welcome back to bloomberg daybreak: europe. we are going to get the details on the news that the u.k. prime minister rishi sunak's like ship law to deport asylum-seekers to rwanda has cleared that key hurdle. -- flagship law did a port asylum-seekers to rwanda has cleared that key hurdle. but we are going to get reporters out of london and kigali to cover the story for us. let's bring you an interview with the president of the european investment bank, saying the eu's support for ukraine is unwavering. nadia calvino spoke to bloomberg about the impact of a 60 $1 billion aid package approved by the house of representatives over the weekend. >> i think it was a very productive spring meetings week. we had many exchanges, and ica momentum in coming together and supporting ukraine strongly, but also deepening

calls on the government here in the u.k.apons sales to israel. 600 legal exports, -- experts and three former supreme court justices wrote a letter that says the provision of military assistance to israel may render the u.k. complicit in genocide as well as serious breaches of international humanitarian aid. thank you for coming on the program. why did you sign that letter? >> for many of us sitting there day after day, seeing the appalling events unfold in gaza and israel, we are all desperately keen to try and do whatever we can to help try and put an end to this terrible, terrible occupation by israel of gaza and all the events at of taken place. so when the opportunity arose for me to put my own name and the firm's name to a letter supporting the idea that there are things the british government can do, pressure we can apply, that i was keen to do it. so i was very pleased. >> talk us the legal grounds here, what is wrong with the u.k. selling arms to israel? >> in the circumstances we've seen taking place over these las

he strs the u.k. on the brink of war but claimed the extra money would put the country's defense ministry on that war footing. the post office described how it changed problems with its horizon i.t. system based on a suggestion by the husband of a former boss. stop referring to them as bugs but instead anomaly. prince lueies is 6 today. to celebrate his birthday, a new photograph has been rodriguezed by kensington palace, taken by his mother. this one has not been ed ited. you're watching "bbc news." in the months before the 2016selection, donald trump picked up the phone and call the former publisher of the "national enquirer," david pecker to discuss whether or not to discuss a playboy associate who was having an affair. the two of them did speak about this alleged misstress karen mcdougal. i think the story should be purchased, i believe you could "buy or sell" it. trump said pecker did not like the idea but candidate trump said pecker would get back to him in due time. wasn't a good day for the fo

., i will not be safe anywhere in the u.k. i went back to my camp for more than a year. we haven't been successful in our demand to designate rgc as a terrorist organization in the u.k. i will talk about that later. the second time i risked my life, 11 days after october 7, about 300 hamas supporters attacked our town. there were 120, 130 police officers, and if not for them i wouldn't be here. those police officers came to the foreign office and save my life. so i sacrificed a lot and i am proud of that. i continue to do that because i know the threat of the iranian regime. i know their ideology, i know their tactics, i know their principles. their main mission -- let me put it this way they think they have a divine mission and i'm not revealing anything here to you guys, they are saying this publicly. if you listen, they are claiming they are here today to complete the incomplete mission of the prophet muhammad. they claim this is turning a modern world into a caliphate. the past for years -- past few years, some politicians

now that the u.k. is out?hink britain's leadership role leading up and since the large scale invasion has proven that the u.k. has been for centuries a continental power and will be one for centuries more. regardless of its membership status in the e.u. or not. it's now just become a reality that's accepted. i think this is a positive thing as the community moves on from this brexit debate. i always love pointing out that in 1920, there were british troops in estonia helping estonia during the russian civil war, depending estonia, helping them get their independence. before the e.u. was even thought of course and in 2020, when the u.k. legally lef the -- left the european union, there are again british troops in estonia doing a similar thing. i think we have all moved on past the brexit issue. the fourth one is -- fourth point i want to make is the depletion of kaliningrad. we don't know how many munitions and pieces of equipment that were dedicated or allocated or prepositioned there, that has been shifted to

there is a live issue on the table which is whether or not the u.k.ntinue selling arms to israel. a lot of mp's are saying the time has come for that to end and an assessment is taking place at the moment. israel is well aware that britain is not the only country making similar assessments of whether or not israel is or is not abiding by international humanitarian law at the moment so that is a debate with quite a few allies. >> thanks very much indeed. around the world and across the u.k., this is bbc news. ♪ ♪ ♪ ♪ >> this is we are of course menu coverage of today's events in israel and gaza with that attack that killed a number of aid workers and the israeli newspaper ha'aretz is reporting more alleged details about the strike. the headline reads "idf drone bond world central kitchen aid convoy -- bombed world central kitchen aid convoy." the convoy traveled along the route approved by the israeli army and the target of the strike, an armed man thought to be a terrorist, never left the warehouse with the cars. i'm joined by our guests. i heard the

in 2022, u.k. provided 0.02% of israel's military imports. the u.k. is a longtime ally.stopped, that would be a diplomatic blow to israel. that hasn't happened for now. whether that may change depends on the u.k.'s own rules. they say the government should not grant a license if it determines a clear risk the items might be used to commit or facilitate a violation of humanitarian law. to judge this, the government receives legal advice. >> this is a formal process. this isn't a political decision. there is a technical, quasijudicial process. reporter: that led to this decision. >> latest assessment leaves our position on export licenses unchanged, consistent with the advice we received and as ever we will keep the position under review. reporter: days before, a different analysis was shared. 750 lawyers and academics signed an open letter to rishi sunak. it stated they fell short of the obligations of international law. >> the framework of international law governing war dictates the fact you have been provoked, attack however outrageously, does not mean to say you can d

since 2008, the u.k.d arms export licenses worth 500 million pounds, mostly for components used in american warplanes that in up in israel. by contrast, the united states gives more than $3 billion of military aid to israel each year and has given no recent indication that it plans to suspend or limit that aid. on wednesday, state department spokesman matthew miller was asked what message the u.s. has four humanitarian aid workers now. >> we support the work that you do. we fund the work that aid organization doing israel, in gaza, all around the world, and we want to see that work continue. we will continue to make clear to the government of israel that it needs to do much better to protect those workers from harm. caitriona: pressures also building inside israel as prime minister and jeanette yahoos government grows increasingly unpopular. he's faced criticism over his failure to rescue the remaining hostages from gaza. for more on the israeli government's response, i spoke with the country- countries m

>> because people won't bible to remain in the u.k.seen from the situation with our albanian deal is once we have a functioning return agreement we can return them back to a different country. the arrivals drop as they have from albania. if you look at how other countries australia have dealt with it has been found to work. that is why i'm conference that deterrence works and without question this is a novel thing to do but we have to look at novel situations to a situation that would otherwise continue to get worse. i don't think that is right, fair or compassionate because we saw people are dying when they are exploited by gangs making crossings so the right thing is to break that cycle. having an effective deterrent is critical. >> now we will going to counsel. >> with respect to the decision in gaza and israel and u.s. call for cease-fire what will you do to ensure that is implemented? >> we were pleased to support the resolution at the u.n. because it was consistent with our position which is for an immediate sustained humanitaria

the u.k.cing inflation risk, but less than the u.s., opening the prospect of cutting rates before the fed. chips in focus. i will bring you the top lines. first quarter net income coming in with a beat. 225 point 5 billion taiwanese dollars, estimates for 214. gross margin coming in above estimates. 53.1%. in terms of gross margin, we asked is crucial for the analyst. we look for the details on that. quarterly profit of 6.9, 7 billion u.s. dollars. fx conversion, beat on estimates. gross margin higher. the smartphone part of the business is cloudy, but ai demand lifted results. more details for apple and nvidia. capex reaching 5.7 billion u.s. dollars in the first quarter. the latest estimates that had been around $29 billion. you could see a lift to the stock, capex coming in at 5.7 billion u.s. dollars. net income in the first quarter beating estimates. we look ahead to the forecast to see if they can adjust it, that tells us so much about demand for customers. he lines for tsmc, it is a maj

you have u.k.companies coming over to the u.s., switching their listing, or going ahead like you are with the primary listing. flutter is about to put it up to a vote as well. what can we extrapolate about the relevancy of u.k. exchanges from that growing trend? ian: i think there are vibrant exchanges in the u.k., and i'm sure there are many companies for whom listing in the u.k. will beat the right decision. for a global company like ours, and a company in our particular space where what was important was having investors who are familiar with market infrastructure -- that was sort of telling. i'm sure that both locations will thrive, going forward. katie: it will certainly be interesting to watch. you talk about compared to two, three years ago, your company' is transformation. if you can take us into the details of some of the changes you have put in place, that would certainly be illuminating. ian: we have been able to affect some acquisitions which have made a big difference to our scale and

and i think in u.k.ms, it means to be supportive of this institution as an important function of british governance, but also our way of life. you know, on christmas day, many brits would settle down in front of the television after christmas lunch, and they will watch the monarch come on at 3:00 and deliver their christmas message. and i personally feel that this became such a fixture with the queen that it will definitely continue with king charles now on the throne. and it's one point where we get to hear from them directly. to be a royalist really means that you've somehow squared this strange contradiction in british life. that we are a democracy, a very old democracy, and yet our head of state is not elected, they are born into it. and to somehow make that contradiction reality, the royal family has to strive to remain popular, has to appear at least in its senior members, to be actually focused on being in promotion of my country. but this system cannot be sustained without popular support. can we

u.k. time. here is what he had to say after the bloomberg scoop on his proposal for a $100 billion five-euro funding plan for ukraine. >> we are chance forming nato's comprehensive of assistance package into a multiyear program of assistance. we are helping ukraine move closer to nato. nato standards on everything from procurement or logistics. and we are supporting ukraine's efforts to bring ukraine ever closer to the alliance. lizzy: joining us for more is bloomberg's natalya in brussels who has been all across this meeting. i noted that blank and's -- blinken's official plane broke down on the way to this meeting. as the turbulence a sign of things to come? >> just the point on everything on the nato allies' agenda at the moment, i think top of mind as the war in ukraine, and how to make that aid more sustainable over the long term. which is why we have seen this proposal come from stoltenberg. it talks about $100 billion for ukraine over five years. it's not clear whether allies will b

u.k. time. the u.s. through with that five year auction of $70 billion worth of five-year notes or five-year treasuries after the two-year treasuries were well received. that option well received yesterday. is the market feeling indigestion? the u.k. minister visits in germany, continues his european tour. antony blinken is arriving in china later today. expected to touch down in shanghai. he's got a message for his chinese counterparts. later, u.s. earnings report, boeing, ford motor, and meta-with the focus on the aia. coming up, lecturing spending going out of style in china as the economy continues to struggle. we are going to check in on how that is affecting the biggest fashion brands. after gucci sales tumbled on weak demand. that is next. this is bloomberg. ♪ tom: welcome back to bloomberg daybreak: europe. we bring you their earning with that gas major, three with first quarter adjusted net income. comes in marginally above the estimates, just by hair, 1.58 billion euros. the estimates had been

the u.k.t will not take back asylum-seekers who have crossed into ireland until eu-wide asylum rules are changed. last week the irish government announced emergency laws to return a rising number of asylum-seekers crossing from northern ireland. the official spokesperson said it was up to the u.k. to decide who we do and do not accept into the country. your life with bbc news. there are renewed hopes in the cease fire between israel and hamas after weeks of stalemate. it's unclear how many israeli hostages would be released under the proposal. the israeli media puts it at 33 in release -- the white house and u.s. president biden have been speaking with the leaders of qatar and egypt, who have been the mediators. u.s. secretary of state antony blinken, who is in saudi arabia, said he is hopeful hamas will accept what he described as a very generous proposal. >> hamas has before it a proposal that is extraordinarily generous. on the part of israel. and in this moment the only thing standing betw

jon: i cannot speak to how polarized to the u.k.h my sense is it is quite polarized -- certainly the u.s. is very polarized on this issue -- i think that from a u.s. government perspective, the biden administration's presumption is going to remain giving israel what it means to defend itself against combatants, but you absolutely cannot be attacking civilians, attacking relief workers. this issue of d confliction is something that the relief organizations have been raising with me for months. the israelis have said we are doing it, there is not a problem . clearly now there is a problem. i think we are going to see in the coming days, israel will be acting differently both with the de-confliction task, but also ways to bring food into gaza, because world central kitchen is not going to be feeding hundreds of thousands of people every day from now on. caitriona: what does this all mean for those talks that say releasing the hostages and except for a temporary cease-fire which is stalled at this point? jon: the initial israeli respons

u.k., plc. there's such a lot of activity and super today's that sits on these small shores so anything we can do to keep that alive and at its top game i'm all for but we operate as a global organization and i'm going where there is strong capability to invest, where the markets are deeper, where the clients need us to be and where we can find opportunity. but i'm a u.k. listed c.e.o. who can't help but want this to be great too. francine: up next, robyn grew in being a female leader in a place traditionally operated by men. robyn: the financial services are bordering that. ♪ francine: women make up less than a quarter of employees at hedge funds globally. when man group appointed an all-female leadership team last year it marked a massive shift for the company and a milestone for the industry. i continue the conversation with robyn grew. robyn, 240 years old man group is is robyn: yes, not me. [laughter] francine: you're the first female executive of an institution that's that old. are you opt

we also had more of the back channeling in the u.k. as well. the u.k. talking tough over the weekend when it comes to the situation in gaza as well. as covax back to the economic data. we have the u.s. cpi number coming out on wednesday. a bit of news -- a big bit of news the fed. surprisingly strong u.s. job numbers. the data is projected to show a modest lowdown in the underlying inflation. dan, we had jeffrey powell saying strong hiring on its own is not going to be enough to delay policies. this was a large job support we got friday. do we think any fed officials will still be calling for three this year? crystal leadership -- i always say this, it is important to focus on what the leadership is saying, not what some of the ones who might talk more are saying. jay powell has firmly anchored his view that there will be interest rate cuts. more than likely it is a projection, not a promise. it also means they don't have to rush. rapid hikes that -- don't seem to have slowed growth down that much. let's not forget we have been with inflation. pce. the

>> you talk to a u.k. listed ceo. i could not be more interested in u.k. plc.e have held such an extraordinary position in financial markets, generally. so anything we could do to keep that shine is important. the competition is high. and we shouldn't, the way we shouldn't in our firms is think all of our history is going to count for long if we don't keep running. so i'm great believer that we drive and continue to drive u.k. plc. there is such a lot of innovation and creativity and growth, such a lot of expertise -- expertise -- expertise that sits and needs. anything we could do to keep it alive and at its top great -- top again, i'm all for, but we operate as an organization. i'm going to go with their strong capability to invest, where the markets are deeper, where the clients need us to be, where we can find opportunity. i'm going to continue to look for that. u.k. listed ceo who can't help but to want this to be great as well. francine: robin on being a female leader in an industry traditionally dominated by men. >> i am hopeful that we are going to see

robin: you're looking at a u.k.-listed co, so i could not be more interested in u.k. plc. i think we have held such an extraordinary position in financial markets and generally, so anything we can do to keep that shine i think is important. but competition is hard. we shouldn't sit on our hands and think that all of our history is going to count for long if we don't keep running. i'm a great believer that we drive and continue to drive u.k. plc there is such a lot of innovation and creativity and growth here, such a lot of expertise that sits on these small shores. anything we can do to keep it alive and keep it at its top game, i am all for. but we operate as a global organization and i'm going to go where there is strong capability to invest, for the client status to be and where we can find opportunity, and i'm going to continue to look for that. a u.k.-listed co who can't help but want this to be great. francine: up next, robin grew on being a female leader in an industry traditionally dominated by men. robin: i'm hopeful we are going to see a better reflection of diff

sumi: i want to ask you about what we saw from u.k. it sang today the focus cannot shift away from the need for an immediate cease-fire in gaza. what diplomatic pressure do you think the u.s. can apply on negotiations that make sure both sides come to some kind of agreement to stop the fighting? >> director burns has been very active in trying to bring partners to the middle east, and of course,, hamas and israel to a point where there could be cease-fire and release of hostages. that's very important. i think his work has been a central. unfortunately that has been essential. unfortunately -- i think his work has been essential. -- that is something i think it's early a grave concern as to the condition and the safety of the hostages. sumi: one more question before we let you go. as you said, this was a watershed moment. are you concerned about the possibility of where things head from now? >> i think iran certainly has vulnerabilities, both in their infrastructure that they utilize to export oil, the infrastructure that they use expo

tom: the labour party and the u.k. is positioned to take over as leaders in the u.k..ition saying they would remove investment in oil and gas. will the economics of the project that you have hold up? anders: it is important to make sure we have a stable condition for long-term investment in renewables and oil in gas. it is too early to say the effect of the proposal if they get into the government. but we will have to look at these proposal and see what it means to our future business and then make kind of the necessary decisions. all kind of these changes create an additional risk that we need to bring into risk management of the company. tom: unplanned issues for some projects last year. you talk about uncertainties. what is your expectation is we look to the summer season? anders: disruptions were one offs due to special cases. we've seen solid operations. high-efficiency and planning maintenance, well communicated. production guidance is stable. we expect good production according to guidance. tom: you talk about projects online, some investors and shareholders, pa

starting to feel like we are into election season here in the u.k.ajor announcement from labour that they are promising to renationalize all passenger rail services within five years if they win the next election. the party says a new public body, great british railways, will inherit the existing contracts when they expire, taking on responsibility for running all services. here is the labour leader. >> i want our airways to work properly, with absolute focus on passengers. at the moment, i think anybody using the railways would say they are pretty dysfunctional. there is record numbers of delays and cancellations. you've got prices on fares that don't match the quality of the service. and then you have the government stepping in with huge subsidies. the privatization has not worked. it has deteriorated. our job, if we are elected into government, is to pick this up, fix it. christian: as you would expect, the tory government has been quick to dismiss the plans. here the transport secretary. >> they have no idea how to pay for it. there will be incre

and u.k. sanctions were issued and they are banning any russian supplies produced after midnight on friday. so spoken to more than two dozen market participants and the jump had been predicted. the question was whether this persists over the long term. some argue that removing russia from the market will drive prices higher and others are more focused on the prospect of russian metal permitted. certainly a story we are tracking. after u.s. and u.k. sanctions on new supplies on midnight on friday in response to the conflict. but the other one we are tracking, antony blinken saying washington does not want escalation while supporting israel's right to defense. balance anchored joe joins us. joe, how much of the chance of escalation hinges on response from tel aviv? they can claim a victory, they might not want to have broad retaliation. joe: imagine if we were talking on friday about a strike by iran directly targeted to israel, you would think markets would be in disarray and we are looking at

in the victoria era, scientists brought the giant sequoias to the u.k. because people marveled at their size. we'll be right >>> cbs evening news is next. local ♪ ♪ >> turmoil at some of america's top university. >> safety has to be for all students. all of us. >> palestinian protests spread to other college campuses leading to a rest and safety concerns for jewish ss

we are the only british tea shop on the west coast and focused on high quality luxury goods from the u.k. and we have teas and baked goods. we came up with the name because willow is made with baskets and the parklett, a willow green and that is a picnic in the park. i have come up with the idea because i have lived in the neighborhood for a year. seven years ago we had a tea shop. during covid we needed to have a new flavor and rejuvenate the business. we are between two beautiful businesses. i realized with the shop opening next to the bakery, we had a beautiful tea shop in the area. we started with british teas and want to support local tea makers in the local area. and once you have cheese and biscuits need tea and jam and lemon curd and chocolate and all of these parts basically imported from the u.k. our most popular products come from wales. it's an extra cheddar and next popular product is a jam made with alpine strawberry. so you get a taste of a nice strawberry. this is about supporting cheese makers and business in the area and women-owned businesses around the world and alway

turning the events of this weekend, we support defensive action taken by the u.k. alongside international allies against iranian attacks on israel and we welcome the prime minister's call for restraint. we salute the professionalism and bravery of our armed forces and support raf planes to bolster operation theta. a safer world. mr. speaker, there can be no doubt that the attack perpetrated by renee and forces has left the world more dangerous, targeted innocent civilians with a clear intent to destabilize the region. must be wholly condemned. mr. speaker, let us be clear, a full-scale conflict is in no one's interest. it is a path that can only lead to bloodshed. and the unleashing of forces beyond the ability of anyone to control. the combined defensive action was success and lives were saved. as a result, escalation is not inevitable. israel showed strength and courage. it must show the same strength and courage to de-escalate. that has to be the primary objective thus the responsibility of all sides at every path we must be resolute and united in our support fo

u.k. time. the opitimism coming through, alphabet coming through this first dividend ever and to share buyback as well, and it is proving both of these companies that their investments and i are now paying off. european stocks pointed up by .6 of 1%. ftse 100 futures as copper pops up higher on the session. s&p futures building on the optimism around the tech story looking to gains of .8 of 1% after closing the session lower yesterday. nasdaq futures looking to add more than 1%. let's flip the board in the process with scrutiny on the currency space with the japanese at 156. the key line is 157.60. getting details and analysis this hour. markets pricing the first full cut, 25 basis points from the fed not coming until december of this year. are we approaching stagflationary territory with this economy? 107 on euro-dollar. brent just below $90 per barrel, 89.35. let's cross over to avril hong. what is standing up to across the asia session? avril: we are looking closely at the boj decision

this was in an interview with nigel faraj, a former u.k. politician -- nigel farage, a former u.k.olitician, and we have a portion of the interview to show you now. poll why should -- [video clip] >> why should we guard these countries? i went there and had it out with them and now they have stopped paying again. but now they are paying because of those comments you saw. a lot of money has come in since those comets were made. so nato was not paying. i said, well, they take advantage of the u.s. on trade like crazy, as bad as almost anybody, and on top of it, nato, largely the same countries, they were not paying their bills. i went to the first meeting and i saw that. i did not want to do it my first meeting. i just got there. i went to the first meeting early in my administration and saw what was going on and so you will have to pay your bills come everybody. the second meeting, i hit them hard. the question was asked by the head of a major country, 20 countries at the time, including us, are you going to protect us from russia if we don't pay our bills? i said, you mean you are

just to let you know, gaming here in the u.k. is a pretty big business.d 4.7 billion last year, more than double that of the music industry. so these are significant awards. one of the favorites has won their first award. this is founder skate three, this game has just one best narrative. it is the first award of the night for one of the big games, and the big awards are coming up. we are keeping an eye on them to see who wins what. spider-man 2, legend of zelda, and other big games we are keeping a big guy out on that. our main story this hour is the death of o.j. simpson. we hav these live pictures of his gated community where he lived. this is las vegas, this is where he died of cancer, age 76. a message on the social media posted by his family said he was surrounded by his children and grandchildren. more reaction to that later in the program. stay with us, and back in just a couple of minutes. this is bbc news. -- i am back in just a couple of minutes. ♪ announcer: funding for presentation of this program is provided by... financial services firm, ra

dozens of local residents are launching a claim in a u.k.using the firm of damaging their health, environment and water supplies. are south america corresponded has more from brazil. >> this hole in the ground in brazil is the center of a legal battle in the u.k. until last year a u.k.-own company was mining here. now it wants a license to carry on. a few hundred meters below, this was once a river. the community took -- the company denies. drying up their water supply and with it their livelihoods. >> this was a lake three meters deep where we had a project to raise fish. it was already full of water. after the mines, waste fell into the spring and buried the entire link. three more meters of silt in our project went down the drain. [explosion] >> others claim explosions from the mine crack their houses and dust pollution affected their crops and health. >> it was an exploratory issue with my daughter. she had pains she did not know before. she practically did not sleep the whole night trying to scratch her throat. i had to take her to the

we returned to the u.k.e two british men were charged with helping russian intelligence services. this case stems from a suspected arson attack on two businesses in london. public records show the business is allegedly targeted are owned by ukrainians. counterterror offices have linked the suspects, age 20 and 22, to a blaze that required 65 firefighters to put out. prosecutors say the alledge it arson was intended to benefit the russian state. the british foreign office summoned the russian ambassador and issued a statement friday saying the u.k. remains deeply concerned by allegations of russian orchestrated malign activity on u.k. soil. as well as the wider reported pattern of behavior we a witnessing on the part of the russian federation to sponsor such activity on the territory of other sovereign states. the nato secretary-general jan stoltenberg said friday these alledge in russia back parts won't stop the alliance from supporting ukraine. after the u.s. congress passed more than $60 billion in aid to

israel has come under pressure from the u.k. and the u.s. and other european countries to show restraint. but david cameron was in israel speaking to netanyahu on wednesday. after that meeting netanyahu said that israel will take its own decisions by itself. so, questions about kind of how much influence britain really has. >> thank you very much indeed for that analysis. >>> so, let's get labors view then on this morning's developments. as you can see, now joined by the housing minister. good to see you. thank you very much indeed for coming in. what is your reaction to the news of this apparent israeli strike on iran overnight? >> i think it is a really securing moment for peace and security in the middle east. this is a breaking story. my understanding is the precise details have not been confirmed by the u.s., iran, or israel. but labor would urge all sides to show restraint and to deescalate the situation because the real risk of a full scale war is there. >> following on from iran's attack from israel, does labor support israel ice rig