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Transcripts For BBCNEWS Asia 20240705

us will not allow houthi attacks to imperilfreedom of navigation and britain s prime minister rishi sunak saying the uk will always stand up for freedom of navigation and free flow of trade. the big question is will the strikes work? britain s defence ministry says the strikes have already been a blow to the hootie s ability to threaten merchant shipping. the real risk is that the conflict in gaza will escalate throughout the red sea region. major shipping lines and oil giant bp have already diverted vessels around southern africa adding time and cost to journeys rather than risk the red sea. if the crisis continues the increased cost of oil as well as goods could be passed on to consumers. hampering efforts to curb inflation and reduce interest rates. the houthi have attacked 27 ships to date disrupting commerce on those key shipping lanes between europe and asia and they account for about 15% of the world s shipping traffic. the boss of shipping giant maersk has told the bb

Transcripts for BBCNEWS Asia Business Report 20240604 02:35:00

that complicates a relationship had as a player for trade? that complicates a relationship had as a playerfor trade? it had as a player for trade? it is interesting for trade because the relationship has not really iced in terms of trade but lately the prc has been trying to coerce taiwanese voters through trade. but despite icy relations we have seen a robust trading partnership and ultimately this helps, at the very least to keep these and remind xi jinping that any sort of war with taiwan will be very costly not just with taiwan will be very costly notjust in terms of human life but it would damage the prc s ability to continue its economic reform. , economic reform. both parties do have mutual economic reform. both parties do have mutual benefit - economic reform. both parties do have mutual benefit from i do have mutual benefit from keeping relations intact in some degree. what will then be the priority for the taiwan government of the day come sunday when we have a new party in

Transcripts for BBCNEWS Asia Business Report 20240604 02:31:00

us will not allow houthi attacks to imperilfreedom of navigation and britain s prime minister rishi sunak saying the uk will always stand up for freedom of navigation and free flow of trade. the big question is will the strikes work? britain s defence ministry says the strikes have already been a blow to the hootie s ability to threaten merchant shipping. the real risk is that the conflict in gaza will escalate throughout the red sea region. major shipping lines and oil giant bp have already diverted vessels around southern africa adding time and cost to journeys rather than risk the red sea. if the crisis continues the increased cost of oil as well as goods could be passed on to consumers. hampering efforts to curb inflation and reduce interest rates. the houthi have attacked 27 ships to date disrupting commerce on those key shipping lanes between europe and asia

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