it happened late on tuesday and is the latest in a series of attacks which are prompting major shipping lines to take alternative, longer routes. the international chamber of shipping says that one in five commercial vessels and ships are now avoiding the red sea, which accounts for 12% of global trade. it s led to a near doubling in the cost of container shipping. the attackers say they ll continue to target vessels until palestinians in gaza are allowed sufficient food and medicine. michelle bockmann is principal analyst at the maritime analysts lloyd s list intelligence. thank you for being with us today, michelle. there have been multiple efforts to try and neutralise the threat from these houthi rebels to ships in the area. these latest attacks suggest they are failing. good afternoon. it certainly seems that way at the moment. the us coalition of military support that is meant to be helping that transit through the red sea to the suez canal seems to have failed to deter
thank you very much. we start with the shipping crisis in the red sea. yemen s houthi militant group has claimed responsibility for yet another attack on a container vessel, this one belonging to the french shipping line cma cgm. it happened late on tuesday despite the presence of the us navy in the area and it s the latest in a series of attacks which are prompting major shipping lines to take alternative, longer routes. the international chamber of shipping says that one in five commercial vessels are now ships are now avoiding the red sea, which accounts for 12% of global trade. it s led to a near doubling in the cost of container shipping. the attackers say they ll continue to target vessels until palestinians in gaza are allowed sufficient food and medicine. ami daniel is the chief executive of the martime intelligence and analytics firm windward, among other things, they help companies reduce risks at sea. thank you for being with us today. one in five ships choosing
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
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