italy and spain, among others. this is notjust a us issue, this is an international problem and it deserves an international response. and that s why i m convening a meeting tomorrow, a ministerial meeting, with fellow ministers in the region and beyond, to address this threat. for more on what the shipping disruption might mean for the global economy, i m joined from washington by hung tran, a senior fellow at the atlantic council and former deputy director at the international monetary fund or imf. thank you so much forjoining us on the programme. firstly, if you can explain how important this area is to global trade? important this area is to global trade ? important this area is to global trade? important this area is to ulobaltrade? , ., ., ., global trade? this area of the red sea leading global trade? this area of the red sea leading to global trade? this area of the red sea leading to the - global trade? this area of the red sea leading to the suez l red sea le
havoc to global trade. speaking in bahrain, the us defense secretary lloyd austin said participating countries include the united kingdom, bahrain, canada, france, italy and spain, among others. this is notjust a us issue, this is an international problem and it deserves an international response. and that s why i m convening a meeting tomorrow, a ministerial meeting, with fellow ministers in the region and beyond to address this threat. for more on what the shipping disruption might mean for the global economy, i m joined from washington by hung tran, a senior fellow at the atlantic council and former deputy director at the international monetary fund. this area of the red sea leading to the suez canal is quite important in terms of the volume of trade passing through it. about 12% of global trade passes through the red sea, including 30% of the container shipping. altogether, it accounts for about us$1 trillion per year of trade, so it is quite significant, and a disruption
hello, i m tanya beckett. benjamin netanyahu has said his country is in a war for its existence which it would continue, despite what he called the heavy price paid by israel. he was speaking after the israeli army shot dead three hostages in gaza by mistake. an israeli soldier opened fire on the men as they emerged from a building in the suburbs of gaza city, holding a white flag. an official investigation said the shots were fired in breach of the army s rules of engagement. alon shamriz, yotam haim and samer el talaqa were killed in asha jiga, in the north of the territory. mr netanyahu called the incident a disaster which broke his heart. he said the troops in gaza were risking their own lives as they tried to rescue hostages, and warned the military operation was necessary to force hamas to free them, but hinted of possible talks. translation: since the tragedy occurred yesterday, i am haunted by one thought what would have happened if only something would have bee
eurovision song contest. now on bbc news, talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show, what s in store for 202a? another year of struggle for the global economy. but are things about to get brighter? how much we spend in the shops, jobs and interest rates as well as elections and war are all on the agenda for the next 12 months. but what will it mean for our cost of living? i m going to tackle those questions with these two, there they are, the chief economist atjp morgan, one of the world s biggest banks, who tells me why the us is still leading the way but europe is the big worry. and the boss of the world s biggest recruitment firm, randstad, is going to give me the lowdown on what might change in the world of work. plus, coming out of the clouds, the head of the global airline body, iata, tells me why the cost of flying is one thing that won t be getting cheape
by turning up the heat on the freezers. making a cone product is the food equivalentl of making, some might say, a formula 1 motor car. - i think i ll have mine without the petrol, though. now, what happens when fortnite goes lego? we ll find out what to expect from an epic new gaming collab. how gaming for blind and partially sighted players is keeping pace at a couple of hundred miles per hour. not that the game cares, because you ll all smash into each other, spin round, laugh, and then, speed off in pursuit of everyone else. for many of us, ordering something online and waiting for it to be dropped on our doorstep is a convenience we don t even think about. but, for those in brazil s favelas, the densely populated, low income communities that lie on the outskirts of cities like rio and sao paulo, that convenience simply isn t an option. but that could be about to change as angelica mari has been finding out. angelica mari: favelas can be like giant labyrinths built deep