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
as it drifted toward restricted air face, emitting a sonic boom that prompted 911 calls from d.c. to maryland. the pilot unresponsive as the jets reportedly repeatedly tried to make contact. at least four now confirmed dead. what went wrong. an nbc news exclusive. the grand jury hearing evidence about former president trump s handling of classified documents is meeting again this week. is that investigation nearing its conclusion? also ahead, a big week in the 2024 race, three more republicans set to enter the already-crowded field. this after gop hopefuls roared into iowa for the traditional roast and ride, everyone, that, but donald trump. i don t know. we re not big trump fans. a lot of bluster. some good ideas but a lot of bluster. i m a republican. later, yet another close call with a chinese war machine. the encounter with an american destroyer that s ratcheting up tensions between the u.s. and china. we ll begin with the new details out of virginia, no surviv
Welcome to day break australia. Im haidi here with paul. Paul jay powell reinforcing the feds wait and see approach. Oil extending its rally after opec plus sticks with current supply goods. Haidi taiwans chipmakers are set to resume work after an earthquake caused maim damage. Paul lets look at howie shaping up for this thursday in the asia pacific we have just opened for trade in australia, in the early going, just higher by a few points at the moment. Well keep and eye on a few stocks today. Rio tinto, after the Sovereign Wealth Fund expressed concern about the deforestation impact of a bauxite mine in brazil. Gold topping 2,300 an ounce for the first time. Not a lot of movement in yields at the moment. Dewid see yields in the u. S. Slipping a lit a. F. L. Jay powells q a following his remarks. Well get to that in a moment they have aussie a bit of a bep fishery from rare u. S. Dollar weakness, 65. 66 at the moment. Lets take a look at how were doing for japan. Futures right now a l
C cut. Iran accuses israel of an air strike on the embassy in syria with several revolutionary guards killed. And xiaomi shares surging in hong kong as the tech giant enters the ev space. With byd sales jumping it over 300,000 in march with expectations for tesla later on today. Start the show with the breaking news with the pmi. Manufacturing activity in the eurozone took a turn for the worse in march with a steeper pace than february. This looks like demand is continuing to fall. This is, of course, according to the pmi data. It did show a bit of an uptick in optimism. In terms of the actual numbers, the final eurozone pmi dipped to 46. 1 in march from februarys 46. 5. That did beat the preliminary estimate of 45. 7. We all know if you watch the show, that the below 50 mark denotes growth is not exact. If we are below 50, we dont have growth. If we are above want to get ba mark. We are seeing comments on that over the last eight months. The Manufacturing Industry is climbing. Nonethe
Three hours. We came into yesterdays session, its said, saying that the only thing more boy before a long Holiday Weekend is the friday morning. Weve got stronger service pmi print as a readily identifiable trigger. What a need shift, starting yesterday. If you hadnt told anyone that second tier data would trump admit he a, trump nvidia, what happened . Were we to onesided . Was fed speak nervous before the data . I dont know what it is, but it feels like a big sentiment shift. Anxiety around inflation. I put this to chris williams, Companies Remain cautious with respect to the Economic Outlook with Interest Rates also citing geopolitical instability in the president ial election. Pulling back, theres a feeling that the university of Michigan Sentiment survey matters. They may pole five hundred people online through instant messages or whatever else they do, but at the same time if people have deteriorating sentiment, theres a feeling that it will have a bigger impact Going Forward, no