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before those strikes took place, the boss of maersk, one of the world s biggest shipping companies, spoke to the bbc to warn of significant disruption to global supply chains because of the houthi attacks. maersk, like other shipping operators, is re routing its vessels away from the red sea and suez canal. instead they are taking the long way round , from asia to europe, and around the cape of good hope. that s an extra 3500 nautical miles, or up to two week s sailing, adding as much as $1 million per ship, in fuel alone. maersk ceo vincent clark told the bbc that these extra costs are already being passed onto consumers. this assessment of the most important oddities of global trade and to rewrote all of this cargo now south of the cape of good hope is going to create significant disruptions to the global supply chain for the duration in which we have to do that and probably a few months more as we have to get back then into normal. you need to see a stronger mobil ....
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Swiss comes through, that will be a concern for the outlook for sure. be a concern for the outlook for sure- very much indeed. let s go to the us now, where the main rate of inflation rose last month, taking economists by surprise. america s consumer price index showed prices rising at an annual rate of 3.4 % in december. at an annual rate of 3.4% in december. that s up from 3.1% in november. but as erin delmore reports from new york if we look behind that number, the picture is far more encouraging economos had actually predicted a lower inflation readout than we saw in the newly released december data, proving how sticky elevated prices can be in the economy. but the pressure is easing. the annual increase in core inflation, excluding food and energy prices, came in below 4% for the first time since may 20 1 and the pace of price increases we re seeing now is nearly half ....