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
of their stance on the israel palestine conflict. this includes mcdonald s. the burger chain became a target after photos and videos on social media showing franchise stores in israel giving away thousands of free meals to the members of the israeli military. this resulted in calls to boycott the brand, from those angered by israe ls military response in gaza. owners in muslim majority countries such as kuwait, malaysia and pakistan put out statements distancing themselves. in a message on linkedin, mcdonald s ceo chris kempczinski wrote that the burger chain is experiencing a meaningful business impacted due to the war and associated misinformation. all of this in the middle east and beyond because of the war in gaza. he added, this is disheartening and ill founded, pointing that many of the restaurants are operated by local owners. he didn t elaborate on the scale of the impact, but mcdonald s has around 2,000 restaurants in the region. it isn t the only global bra
often unplanned boycotts because of their styles on the israel palestine conflict. this includes mcdonald s. the burger chamber came a target chain became a target after giving away thousands of free meals to the members of the israeli military. this resulted in boycotts of the brand. 0wners boycotts of the brand. owners and muslim majority countries such as kuwait and pakistan put out statements distancing themselves. in a message on linkedin, mcdonald s ceo wrote that the burger chain is experiencing a meaningful business impacted due to the war and associated misinformation. all of this in the middle east and beyond because of the war in gaza. he added, this is disheartening and ill founded, pointing that many of the restaurants are operated by local owners. he didn t elaborate on the scale of the impact, but mcdonald s has around 2000 restaurants in the region. it isn t the only global brand to face controversy over its response. others include starbucks, showing how
from new york, the bbc s michelle fleury reports. major western brands have found themselves hit by a grassroots often unplanned boycotts because of their stance on the israel palestine conflict. this includes mcdonald s. the burger chain came a target became a target after videos online showing them giving away thousands of free meals to the members of the israeli military. this resulted in boycotts of the brand. owners and muslim majority countries such as kuwait and pakistan put out statements distancing themselves. in a message on linkedin, mcdonald s ceo wrote that the burger chain is experiencing a meaningful business impacted due to the war and associated misinformation. all of this in the middle east and beyond because of the war in gaza. he added, this is disheartening and ill founded, pointing that many of the restaurants are operated by local owners. he didn t elaborate on the scale of the impact, but mcdonald s has around 2,000 restaurants in the region. it isn