In lebanon, israeL Attacked more than 120 targets on sunday. At least 50 people are reported to have been killed in a series of attacks in the east of the country, including in the Bekaa Valley. With the latest, heres chi chi izundu. Panic in the centre of beirut. This shows the apparent aftermath of an Air Strike on a Building Close to a major Transportation Hub in the lebanese capital. Transportation hub in the lebanese capital. Israel has been targeting lebanese capital. Israel has been targeting hezbollah i lebanese capital. Israel has i been targeting hezbollah sites on the outskirts of beirut but this is thought to be the first time an attack has been carried out within the City Limits in the past year. The lebanese Prime Minister says the continuing Air Strikes may have forced as many as i continuing Air Strikes may have forced as many asi million people from their homes. This weekend has seen a major escalation with more than 50 killed in lebanon. Hezbollah rockets fired into n
As much as 5 Billion each day according tojpmorgan analysts. Us retailers, automakers and other businesses now face Ballooning Freight rates ahead of the crucial festive shopping season. Large retailers have pulled forward imports of much of their Holiday Merchandise and made reservations with west Coast Ocean and Rail Carriers in hopes of avoiding any disruption. Lets speak to peter sand, chief analyst at xeneta, an Ocean Freight analytics firm. Hello to you. I know you have already calculated what this could mean if the Strike Action goes ahead, so do tell us more. A disruption like this always comes at a bad time for European Exporters into North America as well as North American exporters out of thE East Coast And Gulf coast. It will be impacted at first but this seems to be a first for almost 50 years, has the potential not only to lift Freight Rates higher due to the disruption from the strike, but certainly also to have wider implications, one or two months later down the road w
An economic obstruction. So youre not seeing such impact as were here for them any impact for us in more broadly in the region . Very broadly economic impact. We continue to believe that the growth of the apac region excluding china and japan will be 4. 3 up from 4. 0 , so an acceleration of growth in 202a. If you read the report of our Economics Team there is virtually no mention of the red sea as having an economic impact. Certainly it has a Supply Chain Impact in the sense that orders have to be placed earlier and transit times are longer. Its harder to forecast if the time between when you order and when you sell your goods is longer by two to four weeks. In general were not seeing a huge economic disruption in this region. How have they managed to accommodate this or navigate whats been happening over there and being able to mitigate it for the end consumer . The simple answer is capacity. During the pandemic, the ocean carriers ordered a lot of ships. They had a lot of cash on ha
That would collapse to about 15 , and ev makers would essentially be allowed to bring in 8000 vehicles of the value of over 35,000. As you said, this is conditional upon them investing 500 million over the next three years, essentially creating a Manufacturing Base for evs. We will have to wait and see whether the likes of elon musk announced any plans on the back of this policy in the months ahead. The months ahead. Help us understand the months ahead. Help us understand the the months ahead. Help us understand the ev the months ahead. Help us understand the ev marketl the months ahead. Help us. Understand the ev market in india, and the challenges these Companies Might face. India, and the challenges these Companies Might face. There are a number of Companies Might face. There are a number of big Companies Might face. There are a number of big challenges, a number of big challenges, steve, including the fact that charging infrastructure at this point is very inadequate, and that will
Seem to be in economic obstruction. Seem to be in economic obstruction. So youre not seeinu obstruction. So youre not seeing such obstruction. So youre not seeing such impact obstruction. So youre not seeing such impact as obstruction. So youre not l seeing such impact as were here for them are using any impact for us in more broadly in the region . In the region . Very broadly economic in the region . Very broadly economic impact. In the region . Very broadly economic impact. We in the region . Very broadly i economic impact. We continue in the region . Very broadly economic impact. We continue to believe that the growth of the region excluding china and japan will be four or 3 are from four point know so an acceleration of growth in 202a. If you read the report of our Economics Team there is virtually no mention of the red sea as having an economic impact. Certainly it has a Supply Chain Impact in the sense that orders have to put in place early and transit times are longer. Its hard