missiles. this is the latest attack in the region which is one of the world s most important trade routes. the head of the un s international maritime organisation says these attacks are one of the biggest challenges the body has ever faced. biggest challenges the body has everfaced. my biggest challenges the body has ever faced. my colleague spoke to the head of the organisation and asked what can be done to stop the attacks. it s one of the biggest challenges the imo has faced, in particularly in recent years. and the reality is that as you mentioned, shipping is a global sector. we transport over 80% of global trade, so any actions that are happening out there, that interrupt the trade, the global trade, will have a negative effect on you, on me, and everyone on the planet. we need to work very closely with all the stakeholders, with all the member states, the other agencies, the united nations in particular, in order to find practical solutions to a problem we don t want
latest attack in the red sea, one of the world s most important trade routes. the head of the un s international maritime organisation has told the bbc these attacks are one of the biggest challenges the body has ever faced. my colleague spoke to the head of the body and asked what can be done to stop the attacks. it’s done to stop the attacks. it s one of the done to stop the attacks. it s one of the biggest challenges the imo has faced, in particularly in recent years. and the reality is that as you mentioned, shipping is a global sector. we. ..we transport over 80% of global trade, so any actions that are happening out there, that interrupt the trade, the global trade, will have a negative effect on you, on me, and everyone on the planet. we need to work very closely with all the stakeholders, with all the member state, the other agencies, the united nations in particular, in order to find practical solutions in a problem we don t want to escalate. problem we don t wan
important to mention that he has generally softened his stance in the last few years and on the campaign trail since he served as vice president in taiwan he has really espoused more of a pro status quo, the idea that he will inherit the foreign policy and domestic policy of the outgoing president and that suggests there will not be any radical change and we do not expect him to formally declare independence anytime soon. that said the question here is that china will believe that? policymakers in beijing are so incredibly wary of his intentions and they are also going to be smarting from the fact that this is the third consecutive victory by the dpp and so looking forward i think we can expect a lot of anxiety at least over the next few months or even years. let s talk a little about trade and what the consecutive succession under the dpp could mean for trade with china. that is an interesting dynamic to look at because as strained as the relations are under the dpp, econom
and the boss of the un s international maritime organisation, who will fill us in on what needs to be done to keep the oceans free for global trade. plus big bucks for the big stage the man who runs the worlds biggest brewer, the giant behind budweiser, corona and stella tells us why he is spending hundreds of millions of bucks on the olympics and why he s not worrying about shipping delays. wherever yourjoining you from around the world, once again, a warm welcome to the show. you know, just when the global economy thought it was getting over at the shocks of the pandemic, russia s invasion of ukraine and the inflation that followed, up pops another major challenge. this time the shipping industry is quite literally under attack like never before, and it is causing growing disruption to the global economy. diversions and delays are threatening to push up prices once again. the crunch point is the red sea. it s a conduit to the suez canal which, since it opened more than 15
it s saturday, 13th january. our main story: the united states has confirmed it s carried out a fresh strike on a houthi target in yemen overnight, a day after both the us and uk carried out a series of raids on the iran backed group. the operation follows an attack by houthi rebels on commercial shipping vessels in the red sea. the group have said attacks in yemen will not go without punishment or retaliation . graham satchell reports. before and after satellite images show the impact of the american and british bombing raids. the americans say airfields and weapons storage depots were destroyed. the raf didn t take part in the attack overnight, but both the british and americans say the raids are vital to keep shipping routes open in the red sea. houthi militia have been targeting container ships off the yemeni coast for weeks. sometimes, like this, they have boarded vessels. in other attacks, they used drones and missiles. they say they are disrupting this key shipping