these strikes work? britain s defence ministry already says the strikes have already affected their ability to threaten merchant shipping. the real risk is that the conflict in gaza will escalate throughout the red sea region. that could affect the price of oil and the price of good, even further, because of shipping lanes in the region. so far the houthi have attacked 27 sheets to date disrupting commerce on a key route between europe and asia. that accounts for about 15% of the world s shipping traffic. the boss of a shipping giant, maersk, has said why it is so important to global trade. it is so important to global trade. , ., ., trade. it is an important artery of trade. it is an important artery of global- trade. it is an important artery of global trade i trade. it is an important l artery of global trade and having artery of global trade and having to regrout all of the cargo having to regrout all of the cargo now south of the cape of good cargo now south of t
on stock exchanges. the approval of the bitcoin exchange traded funds, or etfs, is seen by supporters as a watershed for crypto, giving it financial respectability and mainstream acceptance on wall street, after a string of controversies. erin delmore reports from new york. this decision was years in the making and now it will allow people and institutions to invest in bitcoin almost as easily as they buy stocks. the move could increase demand for bitcoin and legitimacy for the crypto currency industry, which has weathered scandal and scepticism. sec chair did not shy away from that in a statement saying, while we approve the listing and trading of certain ept spot bitcoin shares today, we did not approve or endorse bitcoin. he said investors should remain caution about the risks associated with bitcoin and said the crypto currency is, primarily a speculative volatile asset. while investors and crypto watchers awaited the decision, a false tweet was posted on the sec official
the boss of shipping giant maersk has told the bbc why the waterway is so important to global trade. our intention back to tylenol. one of the first things the winning party will need to deal with after the election, is to answer this question how to deal with china? in the lead up to the polls, the world s second largest economy has warned of the extreme danger of electing a frontrunner from the ruling democratic progressive party, while the opposition kuomintang is viewed as being more friendly with beijing. china taiwan s biggest trading partner, also claims the self ruled island as part of its own territory. for clues on how this will play out after the weekend s results let s bring in lev nachman assistant professor in political science at the local national chengchi university. do you see any electoral outcome that would change china by xhaka there is the us? if they can see when the election there is a reset chance of dialectic between taiwan and the prc. it wi
us will not allow houthi attacks to imperilfreedom of navigation and britain s prime minister rishi sunak saying the uk will always stand up for freedom of navigation and free flow of trade. the big question is will the strikes work? britain s defence ministry says the strikes have already been a blow to the hootie s ability to threaten merchant shipping. the real risk is that the conflict in gaza will escalate throughout the red sea region. major shipping lines and oil giant bp have already diverted vessels around southern africa adding time and cost to journeys rather than risk the red sea. if the crisis continues the increased cost of oil as well as goods could be passed on to consumers. hampering efforts to curb inflation and reduce interest rates. the houthi have attacked 27 ships to date disrupting commerce on those key shipping lanes between europe and asia and they account for about 15% of the world s shipping traffic. the boss of shipping giant maersk has told the bb
hey. i m julia with the catchup. tonight, a london bus fire fka twigs speaks out, and a surprising jungle remix. but first, the fast fashion brand boohoo has been putting labels that say made in the uk on potentially thousands of clothes that were actually made in south asia. that s been uncovered by bbc panorama. on tuesday, the bbc reported that the brand is considering closing their uk factory in leicester, where the mislabeling took place last year. boohoo said it came down to human error after a misunderstanding of the labelling rules. some other stories now, in wimbledon, southwest london, an electric double decker bus caught fire during morning rush hour. tfl have said that nobody was injured and they re investigating what went wrong. singer fka twigs has responded to the ban of her calvin klein ad. uk regulators said the advert objectified her, but the singer