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any supplier in any contract, yes, there will be an there will be an of profit, our rima there will be an of profit, our primary motivation there will be an of profit, our primary motivation was - there will be an of profit, our primary motivation was to i there will be an of profit, our i primary motivation was to help. what did you dan what did you do then, michelle? there was a call to arms forall lords, baronesses, mps, senior civil servants to help because they needed massive quantities of ppe. given the fact that i ve got 25 years manufacturing experience, that s one of the reason i was put into the house of lords. a brand experts, etc, etc. i looked at doug and i thought, we can really, really help here. ijust know all the key players in the far east. and i made the call to michael gove. what did you say to him? ijust said, we can help, and we want to help. he was like, oh, my goodness, this is amazing. so we entered into discussions, ppe medpro, myse ....
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 ....
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 ....
eurovision song contest. now on bbc news, talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show, what s in store for 202a? another year of struggle for the global economy. but are things about to get brighter? how much we spend in the shops, jobs and interest rates as well as elections and war are all on the agenda for the next 12 months. but what will it mean for our cost of living? i m going to tackle those questions with these two, there they are, the chief economist atjp morgan, one of the world s biggest banks, who tells me why the us is still leading the way but europe is the big worry. and the boss of the world s biggest recruitment firm, randstad, is going to give me the lowdown on what might change in the world of work. plus, coming out of the clouds, the head of the global airline body, iata, tells me why the cost of flying is one thing that won t be getting ....
hello, i m lewis vaughanjones, welcome to the daily global, where we ll bring you the top stories from around the world. impacts of israel gaza war are widening. will war are widening. take a look at the red sea. oil giant bp stopped using it. war are widening. not the first. war are widening. because rebels in yemen firing at ships. who with the rebels these are that support hamas. houthi rebels support hamas. one of the world s busiest shipping routes. now means long way round africa our diplomatic correspondent james landale reports the threat to shipping in the red sea is very real. this was an attack by iranian backed houthi fighters last month, storming a cargo ship registered in britain. the militia from yemen claiming that any vessels owned by allies of israel were legitimate targets. so intense have the attacks become, two vessels were hit by drones today, that some of the big shipping companies are pulling out of the red sea, sending their huge vessels around ....