BP is working to bring more lower carbon energy to the UK, like developing offshore wind,

and we're keeping oil and gas flowing from the North Sea. It's and not all. That's how BP is backing Britain. Well today we're mostly in oil and gas.

We increased the proportion of our global annual investment that went into our lower carbon and other transition businesses from around 3% in 2019 to around 23% in

2023. VP.com slash and not all. The Economist.

Hello and welcome'm Jason Palmer.

Every weekday we provide a fresh perspective on the events shaping your world.

For airlines and for trust busters, air travel is a constant pitched battle between two vendors, Airbus and Boeing.

But as both run into turbulence, that's at last making a bit of room for some competition.

Maybe. And it's time for an update to our Carrie Bradshaw index,

the likelihood that the average worker in a given city can afford to live in a studio flat,

like the eponymous sex and the City Star.

Just don't set your heart on New York.

But first. There has been progress of sorts in the latest round of Hamas Israel ceasefire talks.

Last night in Tel Aviv, America's Secretary of State Anthony Blinkin said a new proposal had

been agreed to, at least by one side.

In a very constructive meeting with Prime Minister Netanyahu today, he confirmed to me that Israel accepts the bridging proposal

that he supports it it's now incumbent on Hamas to do the same at stake is an end to the raising of Gaza and the release of Israeli hostages.

A deal could also serve another goal, giving Iran a reason not to retaliate for the assassination of

a Hamas leader on its soil three weeks ago.

Since then onlookers have waited anxiously for a further escalation and perhaps even a

breakout of full-scale war between Tehran and Tel Aviv. Yet beneath the

din of assassinations missile strikes an angry rhetoric, another conflict

...