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BBCNEWS Talking July 5, 2024

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. shipping gets stuck in the slow lane. how much damage will be caused by the red sea attacks forcing global trade to take the long way around? the global economy relies on all our stuff being moved across the oceans. but, are 150 years of progress being undone by an unprecedented threat to shipping? i m going to be discussing all of that with these two, there they are. the big boss of the world second biggest shipping company, denmark s maersk, who tells me that consumers are already feeling the effect with higher prices. and the boss of the un s international maritime organisation, who will fill us in on what needs to be done to keep the oceans free for global trade. plus, big bucks for the big stage the man who runs the world s biggest brewer, the giant behind budweiser, corona and stella tells us why he is spen ....

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BBCNEWS Talking July 5, 2024

and the boss of the un s international maritime organisation, who will fill us in on what needs to be done to keep the oceans free for global trade. plus big bucks for the big stage the man who runs the worlds biggest brewer, the giant behind budweiser, corona and stella tells us why he is spending hundreds of millions of bucks on the olympics and why he s not worrying about shipping delays. wherever yourjoining you from around the world, once again, a warm welcome to the show. you know, just when the global economy thought it was getting over at the shocks of the pandemic, russia s invasion of ukraine and the inflation that followed, up pops another major challenge. this time the shipping industry is quite literally under attack like never before, and it is causing growing disruption to the global economy. diversions and delays are threatening to push up prices once again. the crunch point is the red sea. it s a conduit to the suez canal which, since it opened more t ....

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BBCNEWS World July 5, 2024

has said the uk is prepared to back our words with actions against the houthis. peter sand is chief analyst at xeneta, an ocean and airfreight analytics platform. i don t know if you have data or statistics on how this is impacting trade so far? if i look at the impacting trade so far? if i look at the most recent developments, a key indicator of the tensions that we are seeing right now, they are up today following the most recent attacks and tension building. we have now is almost 200% up from about a month ago. we are now at 5400, and in the uk, 4500 up, though still dramatic. the reason tensions are now shooting our destroyers. it is not making this go away. some ofthe not making this go away. some of the world s not making this go away. some of the world s biggest - not making this go away. some of the world s biggest shipping | of the world s biggest shipping companies are completely avoiding the red sea at the moment and that will likely continue for some t ....

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BBCNEWS The July 5, 2024

hello, i m christian fraser. you re watching the context on bbc news. donald trump s legal challenges continue as ejean carroll returned to the witness stand today to testify in her damages trial as part of her defamation case against him. unlike yesterday, the former president was not present in court. us forces have conducted strikes in yemen on two houthi anti ship missiles today that were loaded and prepared to launch. us officials say they destroyed the missiles. that is the fifth round of attacks against the houthis in yemen since thursday. on wednesday, an american owned vessel was hit by a drone near the gulf of aden, second time in a week that us vessels have been targeted by the houthis. also on wednesday, the white house re designated the houthis as a terrorist organisation which will mean sanctions. the secretary of state said that status will be reviewed if the attacks stop. here sjoe biden speaking at the white house. he was asked if the airstrikes in yeme ....

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BBCNEWS The July 5, 2024

hello to you. i am ben thompson. welcome to the programme. even by the standards of american school shootings, it was grim 19 students and two teachers killed by a gunman. but what was also shocking about events at the robb elementary school in uvalde, texas, was the police s failure to take prompt action. in the last couple of hours, we have had the department ofjustice report into that failure. it says officers failed to accurately assess the situation. they say it took more than an hour to confront and kill the gunman despite the presence of dozens of law enforcement officials. the us attorney general merrick garland has been in uvalde, where he saw some of the murals that have been created in memory of those who died. he also met survivors and some of the families of those who lost their lives. afterwards, at a news conference, he had this message for the entire country. the law enforcement response at robb elementary school on may 2a, 2022, and in the hours and d ....

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