By hamas gunmen took place just before 6 30 local time. More than 300 young people attending the festival were killed, others were taken hostage. It has been called israels 9 11 by some, and like the attack on the world trade center, its had massive repercussions around the world in both politics and economics. Michelle fleury has more on the Global Impact one year on. The middle East Conflict could add to the risks already facing the global economy. The escalation comes at a time of uncertainty around the upcoming us election and as china tries to stabilise its struggling economy. Economists warn the war could push up inflation if Trade Routes are disrupted, causing the cost of Oil And Shipping to rise. A bigger concern is whether any escalation could rock the straits of hormuz, a major shipping channel. 0ne straits of hormuz, a major shipping channel. One third of Oil Tanker Traffic and a fifth of Lng And Gas passes through there. The Oil Markets are already reacting. The price of Br
As much as 5 Billion each day according tojpmorgan analysts. Us retailers, automakers and other businesses now face Ballooning Freight rates ahead of the crucial festive shopping season. Large retailers have pulled forward imports of much of their Holiday Merchandise and made reservations with west Coast Ocean and Rail Carriers in hopes of avoiding any disruption. Lets speak to peter sand, chief analyst at xeneta, an Ocean Freight analytics firm. Hello to you. I know you have already calculated what this could mean if the Strike Action goes ahead, so do tell us more. A disruption like this always comes at a bad time for European Exporters into North America as well as North American exporters out of thE East Coast And Gulf coast. It will be impacted at first but this seems to be a first for almost 50 years, has the potential not only to lift Freight Rates higher due to the disruption from the strike, but certainly also to have wider implications, one or two months later down the road w
Terrible. Under a new rule to prevent of a cauliflower crisis. Rail passengers face an increase harmful gender stereotypes. Thats after extreme weather killed in season ticket prices off much of this years crops. Climate change activist of almost 3 next year. And coming up. Greta thunberg is about to set off the mother of a 12 Year Old Girl, why the famous lords Cricket Ground and in sport, the second ashes test from plymouth, to spend two weeks who drowned in june, will be turning red tomorrow, was scheduled to get under way claims that racism within the police sailing over the north atlantic means the family may on day two of the second ashes test. At lords today, but in a boat with no toilet, the Great British kitchen or privacy. Never know how she died. Summer has intervened. The 16 year old is due plays been delayed because of rain. To attend a crucial climate tv adverts for philadelphia cheese conference in new york but has stopped flying and volkswagen are the first to be for en
You inspire many young people, one is here with me, if it is ok, he would like to ask you a question. You inspire me every single day, your message has spread all around the world. What advice would you give to someone like me who is trying to make an impact but once their voice to be louder . I dont, its, idont, its, in i dont, its, in the beginning i, i mean, my voice wasnt heard at all, as so many others, and ijust tried different ways until i found some kind of method, and that made my voice heard. So i think of course it is individually for everyone, and you just have to be creative and come up with may be something new to do. There are so incredibly many things you can do, and since this is such an incredibly big and global problem, it needs to be tackled from every possible angle. So, i mean, you can do so much. What im thinking now is that im only going to take it step by step, andi only going to take it step by step, and i will have to do is i feel, of course. I dont have anyt
In about 90 minutes time well get the latest health check on the economy and everyone is asking the question will the numbers reveal we are officially out of recession . Well, most experts predict yes, and say we will see a smidgen of Growth Injanuary of 0. 2 . This would confirm the Bank Of Englands suggestion that the downturn is behind us. During the final three months of last year, the data showed the uk slipped into recession and inflation injanuary was at 4 so its still twice the Bank Of Englands target. Lets discuss all of this with azad zangana, Senior European Economist at schroders. Good morning to you. Are you with the majority believing today will give us a Growth Number . Today will give us a Growth Number . ~. ~ ~ number . We are. We think it could be number . We are. We think it could be even number . We are. We think it could be even a number . We are. We think it could be even a little number . We are. We think it could be even a little higherl could be even a little h