are the latest shipping companies to abandon the red sea area. the suez canal handles more than a tenth of the world s trade, but it s particularly vital for the movement of goods between asia and europe. the alternative is a long and expensive detour around the cape of good hope at africa s southern tip. because of the disruption, the cost to ship a container from china to the mediterranean has risen 44% this month alone. that s according to the online shipping marketplace, freightos. swedish homewares giant, ikea, is just one of the companies now warning of delays and possible availability issues for some of its products. shops in europe are already well stocked for christmas, but logistics experts warn there could be shortages in the new year if the crisis continues. we ll hearfrom one of the shipping companies in the moment, but first, let s get the background from our analysis editor, ros atkins. on the 19th of november, houthi rebels from yemen was an attack on the red
grampians. a cold day at around 5 six celsius, iith grampians. a cold day at around 5 six celsius, 11th and 12th further south. milder on its way as we go through into next week. temperatures for many will be in double figures. for today a little bit of light christmas was on. to for today a little bit of light christmas was on. for today a little bit of light christmas was on. ., ~ , ., for today a little bit of light christmas was on. ., , ., ~ , ., . , christmas was on. to you. as long as someone gets christmas was on. to you. as long as someone gets it. christmas was on. to you. as long as someone gets it. thank christmas was on. to you. as long as someone gets it. thank you. - christmas was on. to you. as long as someone gets it. thank you. we - christmas was on. to you. as long as someone gets it. thank you. we will| someone gets it. thank you. we will speak later. big family gatherings, presents, and pigs in blankets. we ve been asking a few familiar faces what christma
christmas. that people can buy it in the to christmas- that people can buy it in the to christmas. ., ~ , ., ., , ., christmas. thank you for your time this evening- christmas. thank you for your time this evening. thank christmas. thank you for your time this evening. thank you. with prices that make some conservatives have one ofa of a very tough winter ahead, speaking to the prime minister refuted claims that people would be affected by the energy crisis. i don t think people will be shortage food, and wages are rising and it is government debt that is what you are driving at. government debt that is what you are drivin: at. ~ , , driving at. prime minister, energy bills are rising, driving at. prime minister, energy bills are rising, food driving at. prime minister, energy bills are rising, food prices - driving at. prime minister, energy bills are rising, food prices are - bills are rising, food prices are rising, inflation is rising, and very sin, the government is goin
election campaign and said he has been president. quite a lot riding on this. he has been president. quite a lot riding on this. riding on this. he does. i will stay away riding on this. he does. i will stay away from riding on this. he does. i will stay away from that - riding on this. he does. i will stay away from that but - riding on this. he does. i will stay away from that but from riding on this. he does. i will. stay away from that but from a travel standpoint this will be an absolute godsend for airlines, hotels, restaurants, convention centres and others. i expect that most of the demand will see initially will be leisure travellers because this is travel really is not happening. in the us many businesses remain or at least their offices do. people are still working from home in the majority of places but leisure travel which is completely discretionary i think will be solid. these are positive response even the us over the summer with people who went to europe. i expect