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Transcripts for BBCNEWS Asia Business Report 20240604 03:33:00

Of quote the insurance prices. and the prices are rising quite significantly. but there is a big variety of how much people can expect to put their ships through the red sea. it used to be sort of 0.1% or 0.2% of premium charged on the value of the ship. it now has gone up to 0.5% or 0.7% which could be significantly higher. that can add hundreds of thousands of us dollars to what people have to pay to sort of ship the goods through that channel. do you think this could have the knock on effect of increasing inflation? yeah, definitely. i don t see how this can t put inflation pressures on consumer goods and other things. notjust the sort of consumer goods that are being ....

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Transcripts for BBCNEWS Asia Business Report 20240604 01:34:00

Shipping companies are paying for insurance because of the increased danger. according to blake evans prichard from re in asia, an insurance insights platform. i spoke to him a little earlier. i have been speaking to a number of insurance brokers about the situation thre for people that sort of quote the insurance prices. and the prices are rising quite significantly. but there was a big variety of how much people can expect to put their ships through the red sea. it used to be sort of 0.1% or 0.2% of premium charged on the value of the ship. it now has gone up to 0.5% or 0.7% which could be significantly higher. that can add hundreds of thousands of us dollars to what people have to pay to sort of ship the goods through that channel. do you think this could have the ....

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Transcripts for BBCNEWS Asia Business Report 20240604 02:33:00

Situation there for people who quote insurance prices and the prices and the prices are rising quite significantly. amaq but there was a big variety of how much people can expect to put their ships through the red sea. it used to be sort of 0.1% or 0.2% of premium charged on the value of the ship. it now has gone up to 0.5% or 0.7% which could be significantly higher. that can add hundreds of thousands of us dollars to what people have to pay to sort of ship the goods through that channel. do you think this could have the knock on effect of increasing inflation? yeah, definitely. i don t see how this can t put inflation pressures on consumer goods and other things. notjust the sort of consumer goods that are being shipped through this neck of water but also oil and raw materials, and things ....

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Transcripts for MSNBC Katy Tur Reports 20240604 19:06:00

Important issues. the next thing he s going to be talking about taking in your garbage. well, let me tell you something. junk fees may not matter to wealthy people but they matter to most people like the home i grew up in. they add hundreds of dollars. add hundreds of dollars a month, make it harder to pay your bills or afford that family trip. i know how unfair it feels when a company overcharges you, and think they can get away with it. it plays for suckers. and it makes you angry, at least it does me. frankly, it offends me to think about it. so i m calling on congress to pass the junk free prevention act. so we can do more than crack down on these junk fees. for too long, workers have been getting stiffed. you know, 30 million workers, the vast majority of them on an ....

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