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
i m sally bundock with the top business stories. and we begin here in the uk where, as you ve been hearing, the nhs in england is braced for six days of strike action starting in an hour and a half, so 7am. and this marks the longest stretch of industrial action in the history of the national health service. junior doctors have been pushing for a 35% pay rise, which they say would restore their earnings after inflation to 2008 levels, but the government says this is unaffordable. for many decades, healthcare spending in western economies as a share of gdp has always risen, but recent research carried out by the economist claims that is no longer the case. so what is the cost of providing healthcare? an issue that will dominate in the run up to a general election here in the uk and a headache for most governments around the world. let s unpack this. i m joined by dr rocco friebel assistant professor of health policy at the london school of economics. good to have you on the
in sport, he s done it luke littler s dream run continues, as the 16 year old becomes the youngest person to reach tonight s world darts final. tha nkfully thankfully not as windy today but there are now over 300 flood warnings across the uk following storm henk. at least the prospects are a little bit drier. full forecast on breakfast. good morning. it s wednesday, 3rd january. our main story. junior doctors in england are about to begin a six day strike the longest in nhs history. tens of thousands of routine operations and appointments are likely to be postponed as hospitals focus on emergency care. members of the doctors union, the bma, have asked for a 35% pay increase. the government says that is unrealistic. 0ur health correspondent sophie hutchinson reports. what do we want? fair pay! when do we want it? now! a new year, but still no end in sight to the junior doctors pay dispute, which started last spring. the six day walk out is their longest yet, and comes
japanese officials say at least 48 people have died and many others are trapped beneath rubble, after a powerful earthquake. ukraine suffers another intense night of russian bombardment, leaving at least five people dead. ukraine s air defence claims 35 drones were shot down. time for a look at the business news now. tesla, the elon musk controlled car maker which pioneered mass market electric vehicles, has been relegated to second position in the global league of electric car makers. its chinese rival, byd has reported that it sold 526,000 cars in the final quarter of last year compared to 480,000 for tesla making it the world s number one electric car brand for now at least. erin delmore is in new york for us. byd said it is the biggest car brand you have never heard of in a recent advert i saw, but we are hearing more about them and other chinese electric vehicle makers who are shaking up the market. it is true. this news might shaking up the market. it is true. this
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