the german shipping line hapag lloyd has said in the last couple of hours that it will continue to avoid the area for at least another week. it made the decision after another ship belonging to its rival maersk was attacked over the weekend. in that attack, houthi rebels based in yemen hit the ship with a missile and tried to climb aboard before the us navy intervened and sank the rebels four boats killing the crew in the process. the us military says there have been at least 23 attacks since mid november on a route that acconts for about 12% of global trade and which is now being avoided by several of the world s biggest shipping companies. let s unpack the latest on this with peter sand, chief analyst at the shipping analytics platform xeneta. thanks forjoining us. does this latest development suggests tha things are getting worse rather than better? you are hitting the nail on the head. we can see that from the direct developments on the platform where an essential
already said that any kind of relations with taiwan must end. but this is very much not only about the economics, but it also has to do with the geopolitics. a sign that the us is taking the threat of a potential. potentially china coming into taiwan, as a real threat. and so a lot of people are taking lessons from what they are seen happening in ukraine and starting to make some strengthening within their own borders. absolutely. and while you are with us, let s talk about that the debt ceiling deal. passing a very big hurdle last night, but still a lot of work to do if they are to meet that deadline injune the 6th? absolutely. they re going to have. now that it s passed one chamber of congress, it now has to pass the senate. andy thinking has been that they would be able to get it into they would be able to get it into the senate, but now we re hearing from a lot of senators are saying they are going to try. it s not going to be an easy ride, it s going to be a lot of pushb
semiconductors and it falls to us companies. it is important for the us to get to trade with taiwan so nvidia which is at the forefront of this frenzy, basically 40% of this is produced so. we this frenzy, basically 4096 of this is produced so. . . this frenzy, basically 4096 of this is produced so. we also know that the us is trying is produced so. we also know that the us is trying to is produced so. we also know that the us is trying to reduce is produced so. we also know that the us is trying to reduce its - the us is trying to reduce its dependence on china and so taiwan a worthy alternative. although, not able to pick up some of the slack because china is, of course, the powerhouse economy. the workshop of the world. ~ ,,., , powerhouse economy. the workshop of the world. ~ , ,., , . powerhouse economy. the workshop of the world. ~ ,,., , ., , powerhouse economy. the workshop of the world. ~ , ., , ., the world. absolutely. china is an extremely important the w
real frenzy of activity around this case. so, i promise we will return to that as soon as we have it. let s turn our attentions to the united states. the house of representatives has approved a deal to allow the us to borrow more money, days before the world s biggest economy would have started defaulting on its debt. the measure passed the chamber by a vote of 314 to 117, with defections on both sides of the aisle. the us senate must vote on the bill later this week before presidentjoe biden can sign it into law. joining me now is martin baccardax, senior editor, thestreet.com. was it game, set and match to biden on this deal? i think, to some degree, he can claim an incredible victory here, although ultimately he did want to separate this debt ceiling negotiation from his budget, and he had to concede at least some spending cuts along the way. so, he didn t get precisely what you wanted, but as you indicated, there was tremendous bipartisan support for the deal, including r
including the uk, don t know where they ll be able to watch the matches. the british government, along with those in france, germany, italy and spain, have released a statement urging fifa and broadcasters to settle the matter, for the good of the women s game. jose mourinho has taken another swipe at his old club tottenham, ahead of the europa league final later. his side roma take on sevilla and mourinho was eager to point out he s won all five european finals he s been involved in. he says he just needs to be given the time to succeed. in roma, they didn t sack me before the final, in tottenham they sack me before the final at wembley. roma gave me the chance to win the final, and at tottenham i had no chance. england captain ben stokes says the only way he won t take a full part in the ashes this summer is if he can t walk . he s had problems with a persistent knee injury, and only played two games for chennai super kings in the indian premier league because of issues