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BBCNEWS Asia July 6, 2024

longerjourney around rerouting to take the much longer journey around the southern tip of africa. appliance company electrolux is also setting up a taskforce to find alternate routes while ikea is warning of potential product shortages. rain peterson from the supply chain management company flexible told me more about how the disruption is already impacting businesses. it’s disruption is already impacting businesses. businesses. it s ust getting started. 0ver businesses. it sjust getting started. over the businesses. it sjust getting started. over the weekend | businesses. it sjust getting i started. over the weekend and through today we have had all ten of the top container shipping lanes in the world, representing about 95% capacity, have begun to divert vessels to avoid sailing through the red sea and to go around the tip of africa, as you said. it takes about 25% longer to go that way from asia to europe and, well, 25% reduction in supply of shipping, we re g ....

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BBCNEWS Asia July 6, 2024

appliance company electrolux is setting up a task force to find alternative routes while ikea is warning of potential product shortages. ryan petersen from the supply chain management company flexport told me more about how the disruption is already impacting business. it s just getting started, but over the weekend and through today, we ve had all ten of the top container shipping lines in the world represented about 95% capacity have begun delivered vessels to avoid salem to the red sea and to go around the tip of africa, as you said. it takes about 25% longer to go that way, from asia to europe, and it went reduction in the supply of shipping, we are going to see huge delays, obviously, but also big price increases, because its supply and demand, and if the supply comes down .5%, one thing we ve learned last few years is a small disruption in supply can lead to a huge swing in price. indeed, we are seeing an impact on oil prices as well there. the united states plann ....

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BBCNEWS Asia July 6, 2024

the southern tip of africa. appliance company electrolux is also setting up a taskforce to find alternate routes, while ikea is warning of potential product shortages. ryan petersen from the supply chain management company flexport told me more about how the disruption is already impacting businesses. it s just getting started. over the weekend and through today we have had all ten of the top container shipping lines in the world, representing about 95% capacity, have begun to divert vessels to avoid sailing through the red sea and to go around the tip of africa, as you said. it takes about 25% longer to go that way from asia to europe and, well, 25% reduction in supply of shipping, we re going to see huge delays, obviously, but also big price increases because, well, it s a supply and demand and if the supply comes down 25%, one thing we have learned in the last few years is a small destruction and supply can lead to a huge swing in price. are small disruption in su ....

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CNNW CNN July 6, 2024

zelenskyy meet in front of the cameras at the g7 summit as the u.s. announces hundreds of millions of dollars in new aid. voters are going to polls in the parliamentary election in greece, but a clear winner may not emerge. president biden hopes to talk with house speaker kevin mccarthy this morning as the clock ticks down to extend the debt limit. live from cnn center, this is cnn newsroom with laila harrak. g7 leaders meeting in hiroshima, japan, are wrapping up one of their most consequential summits in recent memory. the war in ukraine dominated much of this year s agenda, and ukraine s president was there to make his case in person. for the first time since the war began, an agreement was finally reached among the u.s. and its allies to begin supplying ukraine with advanced fighter jets. u.s. president joe biden soon returns to washington to deal with the debt ceiling crisis in congress, but he and ukraine s president did meet within the past couple of ho ....

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CNNW CNN July 6, 2024

ahead on cnn newsroom, north carolina s republican controlled legislature overrides democratic governor roy cooper s veto banning most abortions in that state after 12 weeks. gaps reportedly remain after the latest negotiations between the white house and republicans trying to head off a possible default on the u.s. debt. and ukraine says it successfully shot down six hypersonic missiles launched by russia, a claim moscow refutes. live from cnn center, this is cnn newsroom with rosemary church. good to have you with us. we begin in north carolina, where the republican-led assembly moved to ban most abortions after 12 weeks, overriding a veto from democratic governor roy cooper. the vote in the state senate on tuesday was 30-20 along party lines. just hours later, the state house also voted 72-48 to do the same. governor cooper slammed the vote in a tweet, saying republicans are unified in their assault on women s reproductive freedom and vowed to fight back. t ....

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