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. indeed. we re seeing an impact on oil prices as well. the united states planning to form an
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 going t
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 planning to
David Gura hosts coverage of national and international news, including breaking stories. Change the narrative around this meeting. I want to step back and give us an understanding of how Michael Cohen was his confidant, his fixer, this relationship has turned dramatically here. Yes. Im most interested in how this plies with voters. Im seeing a parallel to what Rudy Giuliani said this summer. Michael cohen was honest with the utmost of credibility. I would hear the same thing from house sources in particular, today talking to people, what is kind of the read on your members after this week, ahead of midterms. They say, you know what, Michael Cohen has always had credibility issues, at this point swrees visavis the don junior
meeting until the Senate Committee subpoenas him to come back and testify once more, to say under oath that liz father did not know about this meeting. I dont see the political implications of this at this moment. We have seen this play out with flair and flourish