The Dow fell more than 1000 points on Thursday to record its worst day
since 2020.
It comes as markets adjust to the half percentage point interest rate
increase announced by the Federal Reserve on Wednesday.
Sarah Walton reports
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The latest short-form news audio from FSN Bureaus worldwide
Thursday, May 5, 2022
Elon Musk raises another $7 billion for Twitter buyout
Tesla CEO Elon Musk has raised an additional seven billion dollars to finance his purchase of Twitter, including a billion dollars from Oracle CEO Larry Ellison.
The world's richest man is on the cusp of buying the social media platform for 44 billion dollars.
Ira Spitzer reports from San Francisco.
IN: According to a...
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DUR: 43
$6.5B raised for Ukraine at international pledging conference in Warsaw
Funds totalling 6.5 billion USD were raised for war-torn Ukraine at an international donors' conference on Wednesday, according to the event's co-host Polish Prime Minister Mateusz Morawiecki.
The event, held in Warsaw, was attended by top EU leaders and business representatives.
Rosie Birchard has more.
In: The pledges came
Out: Rosie Birchard, Brussels
Duration: 00:45
Republican governors in New England are speaking out in favor of abortion rights
A number of Republican-led states in the U.S. are moving on laws to make abortion more restricted.
On Monday, a leaked Supreme Court draft opinion suggested justices are preparing to overturn Roe v Wade, that proivdes a constitutional right to abortion.
Now a number of Republican governors are speaking up in favor of abortion rights.
Caroline Malone reports.
IN: Governor Charlie Baker
OUT: Caroline Malone, Washington
DUR: 0:35
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WHO: true pandemic death toll nearly 15 million -- three times higher than official figure
Nearly 15 million people globally have died as a result of COVID-19, according to the World Health Organization.
That's almost three times more than the number officially recorded, and 13% more deaths than normally expected over two years.
Benji Hyer reports.
IN: The WHO's
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DUR: 44 secs
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France using ecological resources faster than they can be replaced
France's President is days out from an inauguration that is likely to include big promises to combat climate change.
But France has struggled to meet all its commitments so far … and is still using the earth's ecological resources faster than they can be replenished.
Ryan Thompson has more from Paris.
IN: Emmanuel Macron is promising
OUT: Ryan Thompson, Paris.
DUR: 37 secs
SCRIPT:
Emmanuel Macron is promising to double down on climate goals when his second term begins this weekend.
But the President will already be "over budget" when it comes to using natural resources, according to the World Wildlife Fund.
Thursday marks the so-called "day of overshoot" in France … meaning that the country has used MORE resources than the ecosystem can produce.
This date varies by country as you move around the globe, with some nations like Qatar using up resources in just over a month's time … while Jamaica doesn't exceed earth's regeneration abilities until mid-December.
Ryan Thompson, Paris.
Bank of England raises rates, warns of 10% inflation and economic contraction
The Bank of England has raised interest rates to 1 percent, the highest level in more than a decade.
The UK's central bank also warned the British economy is facing a double whammy: inflation rising to 10 percent and an economic contraction in 2023.
Giles Gibson reports from London.
IN: "This is the fourth…"
OUT: "...Giles Gibson, London."
DUR: 38 seconds
U.N PLEDGES 351 MILLION DOLLARS TO SUPPORT NIGERIA’S HUMANITARIAN EFFORTS
The United Nations says it will mobilise 351 million dollars to support Nigeria's humanitarian response efforts in its northeast region which has been suffering from terrorist activities.
U.N Secretary General Antonio Guterres made the pledge after a meeting with the country's President Muhammadu Buhari in Abuja.
Correspondent Tesem Akende reports.
TAKE RADIO
INTRO: The U.N Secretary
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DUR: 52 secs
Guinea charges deposed leader Alpha Conde for alleged crimes.
Guinea has charged its former President, Alpha Conde for alleged crimes while in office. 26 other ministers during his rule are also expected to be prosecuted for other alleged crimes including assassinations and kidnapping.
Nabil Ahmed Rufai reports from Accra.
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Nabil Ahmed Rufai reports from Accra.
IN: "Guinea's public prosecutor……."
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DUR: 43 secs
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THIRD EBOLA CASE
INTRO:
Health officials in the Democratic Republic of Congo have confirmed a third case of Ebola in the city of Mbandaka in the northwest of the country. The first two patients who tested positive for the highly infectious disease have since died. Congolese health workers are working with experts from the World Health Organisation to curb the spread of the disease. Chris Ocamringa has that report from Kinshasa....
IN: THIRD EBOLA CASE
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DUR: 00:56 secs
Uganda Vaccinates DRC Refugees Against Cholera
Intro;
Uganda has embarked on a mass cholera vaccination drive for refugees fleeing violence in Eastern DR Congo.
Recently, the DR Congo declared an outbreak of cholera, and the ongoing influx of refugees escaping violence into Uganda has forced health authorities to inoculate all asylum seekers against the disease.
Michael Baleke reports from Kampala;
IN: The Ministry of Health ...
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DUR: 00.58secs
http://www.fsnradionews.com/feeds/0505refugeecholeravaccine-mb-generic.mp3
Energy giant Shell announces record first quarter profits
Energy giant Shell has announced record first quarter profits of $9.1bn.
The firm, however, said pulling out of Russian oil and gas partnerships due to the war in Ukraine had cost it almost $4bn.
Sally Patterson has more.
IN Shell's quarterly figures
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UGANDA ACCIDENTS KILL 28 PEOPLE
SUGGESTED LEAD
Police in Uganda have confirmed that 28 people died in four separate traffic accidents on Wednesday.
The country has one of the highest road accident death rates in the world.
Hillary Ayesiga reports...
IN: Local authorities say...
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DUR : 34 secs
LUFTHANSA SAYS EUROPE TOURIST DEMAND BOUNCING BACK
Lufthansa says its seeing record demand for tourist destinations, as passengers look to book vacations after 2 years of Covid restrictions.
The German flag carrier however has warned that rising fuel costs are hitting the industry hard.
From Berlin, Trent Murray reports
The German flag carrier however has warned that rising fuel costs are hitting the industry hard.
From Berlin, Trent Murray reports
OUT: SOC
TIME: 70 seconds
India is seeing an uptick in COVID infections
India is seeing another jump in the number of COVID cases. From recording around 2000 cases a day over the past week, the country is now reporting over 3000 fresh daily cases this week.
New Delhi accounted for at least 40% of the new infections logged in the past day, and health experts are concerned about another wave looming around the corner.
Sreoshi Mukherjee reports from the Indian capital.
IN: "So far the Delhi government..."
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DUR: 0:41 seconds
New Delhi accounted for at least 40% of the new infections logged in the past day, and health experts are concerned about another wave looming around the corner.
Sreoshi Mukherjee reports from the Indian capital.
IN: "So far the Delhi government..."
OUT: SOC
DUR: 0:41 seconds
Hong Kong eases COVID-19 rules in bid to save economy
Local businesses in Hong Kong are celebrating the relaxation of a range of COVID-19 rules.
The government says the city is recovering well enough from its most serious virus outbreak to ease the restrictions. But there are concerns the economy may take a while to recover.
Richard Kimber reports from Hong Kong.
The government says the city is recovering well enough from its most serious virus outbreak to ease the restrictions. But there are concerns the economy may take a while to recover.
Richard Kimber reports from Hong Kong.
IN: Things are
OUT: Richard Kimber, Hong Kong
DUR: 0.41
LINK:
Russia promises Azovstal plant ceasefire
Russia has announced it will implement a three days ceasefire to allow
civilians to leave the besieged Azovstal plant in Mariupol.
Several hundred civilians are believed to be still trapped in the
steelworks that has been bombarded by Russian forces for weeks.
William Denselow reports from the Latvian capital, Riga.
IN: "Russia's Ministry of…"
OUT: "... SOC"
DUR: 45 seconds
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civilians to leave the besieged Azovstal plant in Mariupol.
Several hundred civilians are believed to be still trapped in the
steelworks that has been bombarded by Russian forces for weeks.
William Denselow reports from the Latvian capital, Riga.
IN: "Russia's Ministry of…"
OUT: "... SOC"
DUR: 45 seconds
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RED CROSS: 300 EVACUATED FROM MARIUPOL
The Red Cross says more than 300 civilians have been evacuated from the devastated city of Mariupol.
Ukraine's military says Russian soldiers have now pushed into the territory of a massive steelworks - the last Ukrainian stronghold there.
Moscow's still insisting it never targets residential areas, despite British intelligence suggesting otherwise.
Ukraine's foreign minister Dmytro Kuleba has condemned the Kremlin's behaviour.
IN: "I do...
OUT: "other choice."
DUR: 10 seconds
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Ukraine's military says Russian soldiers have now pushed into the territory of a massive steelworks - the last Ukrainian stronghold there.
Moscow's still insisting it never targets residential areas, despite British intelligence suggesting otherwise.
Ukraine's foreign minister Dmytro Kuleba has condemned the Kremlin's behaviour.
IN: "I do...
OUT: "other choice."
DUR: 10 seconds
http://www.fsnradionews.com/feeds/0505ukraine-kuleba1.mp3
Solomon Islands Prime Minster accuses Australia of a lack of respect.
The Solomon Islands Prime Minister says Australia has insulted his nation over its security pact with China.
The Australian government says while it doesn't support the deal, it respects the Solomon Islands as an independent country.
Shaun Bindley reports.
IN: Canberra and Washington...
OUT: SOC
DUR: 45 secs
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COURTESY AIR NEWS MEDIA - AUSTRALIA
Wednesday, May 4, 2022
US markets rally as Fed increases interest rate in bid to slow inflation
(includes Powell clip)
US Stocks jumped sharply on Wednesday after the Federal Reserve raised rates by a widely anticipated half percentage point - and Chairman Jerome Powell ruled out getting even more aggressive in the central bank's inflation-fighting campaign.
US correspondent Kate Fisher reports
IN: On Wall
OUT: SOC
DUR: 1'25"
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