biggest shipping firms, maersk and hapag lloyd. later today, the un security council is expected to meet and produce a diplomatic response. the red sea accounts for 15 percent of the world s shipping and plays a crucial part in the global supply chain. uk companies have been telling the bbc that shipping delays could push up prices. let s speak now to zvi schreiber, the ceo of freightos, an online marketplace for the international shipping industry based in israel. one in five might not sound that dramatic. is it? well, yes, it s usually dramatic. to put in context, there s about 4.5 million 20 foot containers equivalent going back and forth through the suez canal, and daily this is changing. there s a couple of days of quiet, when they start getting rooted through the suez canal again, getting rooted through the suez canalagain, and getting rooted through the suez canal again, and then there s a rocket attack and ships are either being told to stop and wait till their being
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
as of today, the bosses of britain s biggest companies will have made more money in 2024 so far than the typical worker makes all year. and that pay gap is growing. the average pay of the top ftse 100 chiefs amounts to £3.81 million per year, including pensions according to the think tank, the high pay centre. that s equivalent to wait for it £1,170 an hour 109 times the average worker whose median annual salary is just under £35,000. sorry to upset your lunch or dinner. joining me now is chris roebuck a global leadership expert who has worked in major organisations assessing senior leaders performance. hello, lovely to have you with us on the bbc. that will be tough to swallow, won t it? are those figures justified? i swallow, won t it? are those figures “ustified? ~ , ., swallow, won t it? are those figures ustified? ~ , ., ., ., justified? i think you need to ask the question. justified? i think you need to ask the question, lobbyists - justified? i thin
the notes from the us central bank s last meetings show policy makers are feeling better about inflation. they a . ree better about inflation. they agree with better about inflation. they agree with investors - better about inflation. they agree with investors that i better about inflation. tie: agree with investors that rates are at or near the peak for this cycle. they also agree that that will come down this year. but they offer no clues as to how or when that will happen. just to remind viewers it started raising rates in march 2022. it did so 11 times, taking the benchmark weight to a range of five and a quarter to five and a half percent. inflation had dropped to 3.2% from a peak of 9.1%. new data out on wednesday showed the number of job out on wednesday showed the number ofjob openings in the united states fell to a .70 9 million in november. this points to weaker demand for labour, but it is still way above pre labels. that is consistent with the goal to slow the
Hello gentle readers, and welcome to the SwitchArcade Round-Up for April 8th, 2024. In today s article, we start things off with a few reviews for you.