Friday, June 3, 2022

US MARKETS PREVIEW: Investors await key inflation figures

[NOTE: Do not broadcast before Sunday June 5th]

Investors in the United States are awaiting highly anticipated new
figures on inflation due out this week.

It'll be an indicator of how well Federal Reserve measures to tackle
rising prices are working.

Sarah Walton reports

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Three killed in Iowa shooting

Two people have been killed in a shooting outside a church in the US
state of Iowa.

Police say the suspected gunman also died in the incident outside a church.

Sarah Walton reports

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QUEEN MISSES SERVICE, HARRY AND MEGHAN BOOED

Britain's Queen Elizabeth has missed a service of Thanksgiving at St Paul's Cathedral after experiencing 'discomfort' during Thursday's Jubilee celebrations.

The service was held to mark her 70 years on the British throne.

Olly Barratt reports from St Paul's Cathedral.

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EU targets biggest Russian bank, oil in latest round of sanctions

The European Union has adopted a sixth package of sanctions on Moscow, 100 days after the invasion of Ukraine.


The new restrictions include individual sanctions on people the bloc holds responsible for reported atrocities in Bucha, cutting Russia's biggest bank off from the SWIFT international payments system, and banning seaborne imports of Russian oil. 


The sanctions were agreed at a political level among EU leaders earlier this week, but technical disagreements had to be overcome before the new measures could be formally adopted.


Rosie Birchard reports from Brussels.


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NIGERIA KICKED OUT OF BASKETBALL WORLD CUP FOLLOWING GOVERNMENT BAN

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The International Basketball Federation (FIBA) has confirmed that Nigeria will not participate in the 2022 Women's World Cup billed for Sydney, Australia, later in the year.

 

The world basketball governing body announced the decision in a statement on Thursday.

 

This is coming after the Nigeria's Government withdrew all teams from international competitions.

 

Ajeck Mangut reports from Abuja, Nigeria's capital.


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QUEEN MISSING THANKSGIVING SERVICE

Britain's Queen Elizabeth is missing a service of Thanksgiving at st Paul's Cathedral after experiencing 'discomfort' during Thursday's Jubilee celebrations.

The service is being held on Friday to mark her 70 years on the British throne.

Her son Prince Andrew is also missing it due to testing positive for covid-19.

Archbishop of Canterbury Justin Welby was due to host the event at St Paul's but is not attending because of coronavirus.

But he says he's glad it's being held in her honour.

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US government report flags alleged attacks on minorities in India

The US state department in its annual report on international religious freedom alleges that in India attacks on members of minority communities took place throughout 2021.


The report says that the incidents included killings and intimidation.


Our correspondent Rebecca Bundhun reports from Mumbai.


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Biden calls for urgent gun reform in rare prime time address

US president Joe Biden has called for urgent reforms to the country's gun laws in a rare prime time address. The speech comes in the wake of a series of mass shootings that have killed dozens of people in recent weeks.

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The US president called for a raft of measures including a ban on assault weapons and high capacity magazines, like the kind used to murder nineteen children at an elemnatary school in Uvalde Texas.

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President Biden said gun reform was about protecting Americans' freedoms.

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But gun reform remains stalled in the US senate where Biden's Democrats face united Republican opposition.

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Biden said the proposed changes weren't "about taking anyone's guns"

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Thursday, June 2, 2022

U.S. President due to visit Riyadh, to tackle rising energy prices at home

President Biden is planning to visit Saudi Arabia at the end of the month, in a bid to fix relations with the oil-rich nation, and lower gas prices in the U.S.

Relations between Washington and Riyadh were rocked by the assasination of Washington Post columnist Jamal Khashoggi, who was killed by Saudis in Istanbul in 2018.

Caroline Malone reports from Washington.


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US markets close up sharply

US markets ended the day up despite a volatile day of trading on Thursday.

Meanwhile the Federal Reserve has indicated it won't ease off on
expected interest rate hikes.

Sarah Walton reports

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QUEEN TO MISS FRIDAY SERVICE

Britain's Queen Elizabeth will miss a Thanksgiving service for her on Friday due to 'discomfort'.

She had been expected to attend the event at St Paul's Cathedral.

Olly Barratt reports from London.

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Crowds flock to Buckingham Palace for Platinum Jubilee

Celebrations are underway in central London to celebrate the Queen's Platinum Jubilee.


Crowds gathered outside Buckingham Palace to mark 70 years of Queen Elizabeth's reign - making her the longest serving monarch in British history.


The UK is marking the occasion with a special four-day public holiday.


On Thursday, a procession saw parading soldiers, horses and musicians come together to mark the Queen's birthday - known as Trooping the Colour.


People travelled from across the country, and around the world, to join the events, with some even camping overnight.


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Biden to address nation, urge Congressional action on guns after latest attack in Tulsa

President Biden is urging Congressional action to tighten America's gun laws.


He'll address Americans on Thursday night, after yet another mass shooting…this time at a hospital In Tulsa, Oklahoma.


Four people were killed before a gunman bearing a grudge against the hospital and brandishing an AR 15 assault rifle also killed himself.


Wendell Franklin is Chief of the Tulsa Police Force.


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Wendell Franklin, Chief of the Tulsa Police, revealed that the gunman was hunting down a doctor and other staff at the hospital involved in recent back surgery that left him in pain.


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Disgruntled patient kills doctor, 3 others at Oklahoma hospital

Police say a shooting at a Tusla, Oklahoma medical center on Wednesday night is a case of a disgruntled patient going after his doctor.

Five people - including the gunman - were killed in the mass shooting.

This latest rampage comes as the nation continues to grapple with mass shootings in Uvalde, Texas and Buffalo, New York.

Toni Waterman has more.

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More US sanctions on Russia

The White House has announced fresh sanctions on Russia in an effort to further punish Moscow for its invasion of Ukraine and crackdown on attempts to evade existing penalties.


They target prominent Russian government and business officials and include the CEO of Imperial Yachts, which provides services to Russian President Putin's inner circle.


Kate Fisher reports from Washington


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UK MARKS QUEEN'S JUBILEE

Crowds have cheered Britain's Queen Elizabeth in London as the UK celebrates her Platinum Jubilee.

The 96 year-old has been on the throne for seven decades - the longest reign by a British monarch.

Thursday is the first of four days of events to mark the milestone.

Olly Barratt reports from London.

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UK aviation chiefs ask for special visas to recruit overseas workers

Plans to recruit overseas staff to help deal with understaffing in the aviation industry have been rejected by the British government, according to reports.


Thousands of passengers have seen their travel plans disrupted this week after airlines cancelled hundreds of flights.


Sally Patterson has more in London.


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US announces largest cancellation of federal student debt in history

The United States is automatically cancelling all remaining federal student loans owed by more than a half million former students. 


The $5.8 billion worth of loan forgiveness for those who attended a now-defunct network of schools called Corinthian Colleges is the single largest discharge of student debt by the government in history, according to the Department of Education. 


Our US Correspondent Benji Hyer has more. 


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Amazon to withdraw Kindle from China

Amazon is to scrap its digital book service Kindle in China.

It is the latest company to pull back from the Asian market which has
become increasingly restrictive for tech firms,

Sarah Walton reports

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Pfizer seeks authorization for Covid-19 vaccine for under 5s

Pfizer has asked the U.S. Food and and Drug Administration to
authorize its Covid-19 vaccine for children younger than five years
old.

It comes after trials showed a three-shot regimen was 80 percent effective.

William Denselow reports from New York.

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