business reporter david waddell. let s have a look at the geography of the situation. right here is the bab al mandab strait. it s right next to yemen, from where those houthi attacks originated. it s at the southern end of the red sea. at the northern end is the suez canal. now, ships cannot pass through the suez canal from the south without first passing through this choke point. a couple of days ago, the maersk shipping container company and hapag lloyd both announced they wouldn t be making that transit. they ve since been joined by other shipping companies. now, if you re a ship master trying to get your vessel from the indian ocean to the atlantic ocean and you cannot or will not traverse through suez, you need to pass by the cape of good hope. that adds an extra 3,000 nautical miles to thejourney. and there are other issues for ships trying to traverse from the atlantic to the pacific ocean through here. the panama canal is accepting many fewer ships right now because
sir. is it him? the fourth - chancellor in four months. his sir. is it him? the fourth chancellor in four months. his first act was to ditch liz truss plans. we will not be able to cut taxes as quickly as we want to and some will have to go up. we quickly as we want to and some will have to go unm quickly as we want to and some will have to go up. we now at the mercy ofthe have to go up. we now at the mercy of the mighty have to go up. we now at the mercy of the mighty markets? have to go up. we now at the mercy of the mighty markets? he - have to go up. we now at the mercy of the mighty markets? he wouldn t of the mighty markets? he wouldn t be the only one to wonder what on earth is going on. so we have one big question this morning. who is really in charge? this morning, we ll hear from the man tasked with saving the economy and liz truss premiership her new chancellor, jeremy hunt. and, as labour keep hold of their huge lead in the polls, i ll be speaking to ma
Prime time tonight. Theres an extremist movementto jesse does not share the basic beliefs in our democracy. The maga movemen extremistt. The only time joe biden has ever gotten his hands dirty is when hes taking cash from foreign countries. A debate disaster. The fantasies are over. Or are they white guiltite Gl Backfiring On America . How is your thinking cringing at your . The that you got . U en burbank is going down. Plus, you aint. Are but i hate it. But im making my labor. So that debate was a disaster. We learned nothing. The real housewives make rea more sense than that. Literally, Brinives Makg it. You get it. You hang them on your curtains h curt you even showed up at the residence. Thanki you for speaking while im interrupting. Literally, on some level, you survived. For some, if i may, to challenge both sides to be gentlemen, youll have your time. Republicans want trump. Last night was filler. It looks like the bachelor. You know, when the guy knows tro who hes going to pro
Im lucy, welcome. Hollywood Studio Bosses and the Union Representing writers have reached a tentative deal. Writers have been on strike since early may. The 15,000 plus members still have to vote to ratify the deal. In a statement, the Writers Guild of america said we can say, with great pride, that this deal is exceptional with meaningful gains and protections for writers in every sector of the membership. Actors, though, are Still Holding industrial action. They have been on strike sincejuly. Both strikes have hit the Entertainment Industry hard. Cbs correspondent Wendy Gilette told me what this deal means. This tentative deal between the Writers Guild union and Hollywood Studios is a three year contract. Not many other details have been released just yet. If its approved by the unions 11,000 members, talk shows could get back to work within days. The Writers Guild is calling the agreement exceptional with meaningful gains and protections for writers in every sector of the membership