because the boss of us chip giant intel has warned of a turbulent world this year. pat gelsinger has been speaking to our economics editor faisal islam at the world economic forum in davos. he said the current disruption to red sea shipping is another reason they were right to invest billions building factories in the us and europe rather than relying on asia. it s going to be a turbulent world, right? and obviously ukraine is still active, the israel situation, maybe broader implications in the middle east, obviously us china tensions. you know, it s a turbulent world in that regard. i think most view the economy probably a little bit slower to start with, some acceleration as we go through the year. and our strategy is very much around building resilient supply chains so that we re better prepared to handle some of the turbulence that we think is at least currently consistently seen year after year. just when we think things are calming down, it s not entirely calm ye
before those strikes took place, the boss of maersk, one of the world s biggest shipping companies, spoke to the bbc to warn of significant disruption to global supply chains because of the houthi attacks. maersk, like other shipping operators, is re routing its vessels away from the red sea and suez canal. instead they are taking the long way round , from asia to europe, and around the cape of good hope. that s an extra 3500 nautical miles, or up to two week s sailing, adding as much as $1 million per ship, in fuel alone. maersk ceo vincent clark told the bbc that these extra costs are already being passed onto consumers. this assessment of the most important oddities of global trade and to rewrote all of this cargo now south of the cape of good hope is going to create significant disruptions to the global supply chain for the duration in which we have to do that and probably a few months more as we have to get back then into normal. you need to see a stronger mobilisatio
at the end of the season. there has been speculation that messi could move to saudi arabia or the mls. it s a big night in germany as either stuttgart or hamburg will move a step closer to confirming their place in the bundesliga next season. it s the first leg of their relegation play off. currently, stuttgart are leading 1-0. a currently, stuttgart are leading 1 0. a goal in the first minute from konstantinos. stuttgart trying to maintain their status in germany s top division for a fourth successive season while hamburg are looking to return for the first time in five years. england s cricketers are in complete control of their one off test against ireland after the opening day s play at lord s in london, after winning the toss and choosing to field england struck early thanks to stuart broad. he finished with figures of 5 51 as ireland were bowled out for 172. and in response, england closed just 20 runs behind on 152 1, with ben duckett unbeaten on 60. ultimately,