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Transcripts For BBCNEWS The 20240706



this is all because of rebels in yemen are firing attacking ships. these are houthi rebels that support hamas. this at one of the world s busiest shipping routes. bbc verify explains. a, busiest shipping routes. bbc verify exlains. ., ., ., , explains. a month ago, this was hi acked. successfully capturing the galaxy leader cargo ship in the red sea. now, the group supports hamas and they say they re targeting all ships with ownership links to israel as well as any shipping going in or out of israeli ports. and the houthi group still has that boat. so we spotted it here on satellite imagery off the coast of yemen. now, this is the best image we have from satellite image provider planet. and it was taken on wednesday last week. now, these attacks are huge problem for big companies because this region is crucial to global trade. so, the red sea is one of the world s most important routes for oil and fuel shipments. now, any ship passing through suez to orfrom the indian ....

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Transcripts For BBCNEWS Asia 20240706



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 more on what the shipping disruption might mean for the global economy, i m joined from washington by hung tran, a senior fellow at the atlantic council and former deputy director at the international monetary fund or imf. thank you so much forjoining us on the programme. firstly, if you can explain how important this area is to global trade? important this area is to global trade ? important this area is to global trade? important this area is to ulobaltrade? , ., ., ., global trade? this area of the red sea leading global trade? this area of the red sea leading to global trade? this area of the red sea leading to the - global trade? this area of the red sea leading to the suez l red ....

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Transcripts For BBCNEWS Asia 20240706



havoc to global trade. speaking in bahrain, the us defense secretary lloyd austin said participating countries 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 more on what the shipping disruption might mean for the global economy, i m joined from washington by 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. altogether, it accounts for about us$1 trillion per year of trade, so it is quite significant, and a disr ....

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Transcripts For BBCNEWS BBC 20240706



in a sign of the growing hunger and desperation in gaza, crowds of people have looted aid trucks entering the besieged strip through the rafah crossing. for the first time since the war began, israel has also opened one of its crossings into gaza to aid. it s hoped the opening of the kerem shalom crossing will double the amount of food and medicine reaching gazans. until now, aid has only been able to reach the territory through the rafah crossing from egypt. israel has kept up its bombardment of gaza, killing dozens more people. gaza s hamas run health ministry says 90 people were killed injust the jabalia area of gaza city. in a change of tone, the uk and germany havejoined calls for a sustainable ceasefire . prime minister benjamin netanyahu insists israel will fight to the end, but the reuters news agency is quoting egyptian security sources as saying israel and hamas are both open to a ceasefire, but still disagree over details. our correspondent lucy williamson h ....

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Transcripts For BBCNEWS Verified 20240706



hello, welcome to verified live three hours of breaking stories, and checking out the truth behind them. the us defence secretary, lloyd austin, made a statement at a joint press conference with his israeli counterpart in tel aviv. he met that is really prime minister, lloyd austin said the us commitment to israel was unquestionable. he also met his counterpart in the past hour the pair held a news conference in which amongst other matters he confirmed they discussed the past or future for gaza. israelis and palestinians both deserve a horizon of hope. so the united states continues to believe, as we have under administrations of both parties, that it is in the interest of both israelis and palestinians to move forward toward two states, living side by side in mutual security. here s the israeli defence minister, yoav gallant, who also made a statement following talks with his us counterpart. in northern gaza, our troops have eliminated thousands of terrorist, destroy ....

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