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BBCNEWS Asia July 6, 2024

speaking in bahrain, the us defense secretary lloyd austin said participating countries will 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 exactly what this shipping disruption might mean for the global economy, i spoke to 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. all together, it accounts for about us$1 trillion per year of world trade, so it is quite significant, and a disruption there would cause dam ....

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BBCNEWS Asia July 6, 2024

shipping companies may ask and halfback lloyd, another big shipping container company, have both announced they would stop sending shipping through the strait. i ll show you where thatis the strait. i ll show you where that is so it s here, at the south side of the red sea, and at the north side of the rest see, we have the suez canal. that s red sea. these are two of the world s biggest choke if anything, it halts shipping. making its way through to india or europe, or the unit states, it has to come here, they re here, through the straits of gibraltar before going further west or north from there. the alternative is to go south through the cape of good hope, adding 9 11; days potentially on the journey time. the suez canal authority has given a statement, saying, they are quite keen that business continues to flow through their. they have said that on sunday, 77 ships made their way through the suez canal, which i think is fairly normal. they said in recent weeks, s ....

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BBCNEWS Asia July 6, 2024

there have been concerned that the israel hamas would spread the region. here s our business reporter david waddell. the southern end of the red sea, the northern end of the suez canal. you can t get through the suez canal unless you make your way through this chokepoint. two companies have announced they will make that acid. one is the shipping container company maersk and the other is hapag lloyd. you need to make this much longer passage around the cape of good hope in south africa. that might add nine days, possibly more to thejourney might add nine days, possibly more to the journey if you go to europe, possibly six days to the united states. four ships traversing from the atlantic to the pacific ocean through the panama canal, there are additional issues. it s here from the independent economist. when you look at trade from shanghai to new york and asia to the east coast of the us, if we can t go through the panama canal, because it is very constrained because of ....

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BBCNEWS BBC News July 6, 2024

they have got this one badly wrong and now they are very, very exposed as is the government. the bbc has apologised for its limited sports programming this weekend after several tv and radio shows have been cancelled, as controversy continues over the corporation s decision to take gary lineker off match of the day. the presenter will not be hosting the programme tonight after criticising the government s language about migrants on social media. a number of presenters and pundits decided not to take part in some shows, in solidarity with gary lineker. football focus and final score were among those pulled and radio 5 live has also faced disruption to its schedules. a bbc spokesperson said it s working hard to resolve the situation. our media correspondent david sillito reports. when gary lineker left home this morning, it wasn t his normal saturday schedule. the decision by the bbc to drop him from match of the day for tweets one of which described a statement by ....

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BBCNEWS BBC News July 6, 2024

audiences have been affected and they have not got the programming. as a keen sports fan i know, like everyone, that ms programming is a real blow and i am sorry about that. we re very hard to resolve the situation. and make sure that we get output back on air. haw situation. and make sure that we get output back on air. output back on air. how are you workin: output back on air. how are you working to output back on air. how are you working to resolve output back on air. how are you working to resolve the - output back on air. how are you working to resolve the situationi working to resolve the situation now? ~ ., ., ., ., . now? well, want to go into too much detail about now? well, want to go into too much detail about the now? well, want to go into too much detail about the exact now? well, want to go into too much detail about the exact discussion. - now? well, want to go into too much detail about the exact discussion. i l detail about the exact discuss ....

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