but for us, it is really important that this is being addressed with diligence and with a strong mobilisation of the international community so that normal global trade can resume. for more on this we re joined live now by our correspondent sameer hashmi, who s in dubai. give me an idea of why this shipping route is so important for the global economy. route is so important for the global econom . ~ , ., route is so important for the global econom . ~ ., ~ ., economy. well, if you talk about this particular economy. well, if you talk about this particular shipping economy. well, if you talk about this particular shipping route - economy. well, if you talk about this particular shipping route it l economy. well, if you talk about | this particular shipping route it is between the north east of africa and yemen. this passage is used by almost all the ships that are coming from asia and going towards europe to pass through the suez canal, one of the most important arteries when it com
thatis significant. the strait of whom use, that is a route where you have about a fifth of daily global supplies that passes through. even the chips that passes through. even the chips that are coming from there have to go through here in order to supply not only oil but other goods, which are sent from asia and the middle east to europe. that is why we have seen a lot of major companies announced they are either passing their shipping at this moment in time or have completely put it on hold. british petroleum has passed its cargo ships at this point in time because of the disruption and the delays this passage is costing. if you look at global trade, it is not only important for goods but also for natural gas and oil supplies. also for natural gas and oil supplies- also for natural gas and oil su lies. ., ~ ,, , .
indicated, was last week when the judge indicated, was last week when thejudge in the us, the district courtjudge in california, who said this actually is not only going to be, it s not going to be detrimental to consumers, it may well be helpful to them because microsoft has such wide reach and thereby, it could actually expand the access to gaming by the public at large so, it was a huge monumental shift and as a result of that, i think a number of other parties have fallen in line. one is the uk s own, additional authority, as well as, clearly, the competitors who realise this could be a done deal and they may as well sign on the dotted line in as good terms as they can now, rather than wait for later. ., , they can now, rather than wait for later- for later. and actually doing this deal with for later. and actually doing this deal with sony - for later. and actually doing this deal with sony is - this deal with sony is significant, isn t it, because thatis significant, isn t i