talking business. hello, everybody! a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. shipping gets stuck in the slow lane. how much damage will be caused by the red sea attacks forcing global trade to take the long way around? the global economy relies on all our stuff being moved across the oceans. but, are 150 years of progress being undone by an unprecedented threat to shipping? i m going to be discussing all of that with these two, there they are. the big boss of the world second biggest shipping company, denmark s maersk, who tells me that consumers are already feeling the effect with higher prices. and the boss of the un s international maritime organisation, who will fill us in on what needs to be done to keep the oceans free for global trade. plus, big bucks for the big stage the man who runs the world s biggest brewer, the giant behind budweiser, corona and stella tells us why he is spending h
and the boss of the un s international maritime organisation, who will fill us in on what needs to be done to keep the oceans free for global trade. plus big bucks for the big stage the man who runs the worlds biggest brewer, the giant behind budweiser, corona and stella tells us why he is spending hundreds of millions of bucks on the olympics and why he s not worrying about shipping delays. wherever yourjoining you from around the world, once again, a warm welcome to the show. you know, just when the global economy thought it was getting over at the shocks of the pandemic, russia s invasion of ukraine and the inflation that followed, up pops another major challenge. this time the shipping industry is quite literally under attack like never before, and it is causing growing disruption to the global economy. diversions and delays are threatening to push up prices once again. the crunch point is the red sea. it s a conduit to the suez canal which, since it opened more than 15
conservative mps are split over whether to approve a report condemning borisjohnson for misleading parliament over rule breaking in the pandemic. a committee recommended stripping the former prime minister of his parliamentary pass. it s been suggested that many tories may not turn up for the vote on monday. authorities in greece are under increasing pressure to explain how a migrant boat sank off the country s southern coast on tuesday. it s claimed the boat capsized when coastguards attached a rope. nearly 80 people have died and it s reported that up to 750 were on board. the home office has told the government s spending watchdog that plans for the asylum system are in doubt, unless there s urgent action. the national audit office said hundreds more cases needed to be decided every week to clear the backlog by the end of the year. the government says it s working non stop to deal with cases. the ceo of tesco says there are encouraging signs that inflation is starting to e
the bbc s james clayton is in san francisco and he s filed this report with the latest. apec has started here and it is a huge moment for the city of san francisco, the biggest summit to be held here since the united nations charter was signed here in 1916. this is a huge economic summit, we are talking about more than 50% of all of the worlds trade belongs to the 21 nations who will be attending here this week. we are talking about 40% of the worlds population. so it is a big economic conference, but by far the biggest ticket item here is the meeting between president biden and his counterpart in china, xi jinping. relations between them two nations have not been good as late, they last met last yearin as late, they last met last year in indonesia and since then you have had that moment where the american government shot down the chinese spy balloon and growing tensions in the south sea and alsojoe biden ramping up a ban on high level chips which really hurt the chinese econ
For how trade might work between the uk and the rest of the European Union after brexit. Fair to say there have been mixed reviews. This from the head of politics. Co. Uk, talking about a fantasyland of desperation and muddled thinking. On the other hand, scottish chambers, a business that that in scotland, talks about a welcome first step. Lets see you the Brexit Secretary, david davis, and why he thinks these proposals should be accepted. David davis, and why he thinks these proposals should be acceptedm david davis, and why he thinks these proposals should be accepted. It is in their interests. Bmw do not want to have a Customs Border that is going to slow down their sales or add costs. Siemens are not going to wa nt to add costs. Siemens are not going to want to do that. The Port Of Rotterdam will want to have an official operator have an efficient operation. You can find the full paper online if you want to go through the details. Some of the key points. At the moment, the uk is i