these strikes work? britain s defence ministry already says the strikes have already affected their ability to threaten merchant shipping. the real risk is that the conflict in gaza will escalate throughout the red sea region. that could affect the price of oil and the price of good, even further, because of shipping lanes in the region. so far the houthi have attacked 27 sheets to date disrupting commerce on a key route between europe and asia. that accounts for about 15% of the world s shipping traffic. the boss of a shipping giant, maersk, has said why it is so important to global trade. it is so important to global trade. , ., ., trade. it is an important artery of trade. it is an important artery of global- trade. it is an important artery of global trade i trade. it is an important l artery of global trade and having artery of global trade and having to regrout all of the cargo having to regrout all of the cargo now south of the cape of good cargo now south of t
in the last few hours, uk prime minister rishi sunak also released a statement, saying: the houthi s leadership has already responded, warning that the us and uk will pay a heavy price for this blatant aggression . live now to barbara starr, long time pentagon correspondent here in washington, previously for cnn. very good to see you. we have seen a flurry of statements coming out tonight but what is the latest that you are seeing from the white house and the pentagon? i from the white house and the pentagon? from the white house and the pentaaon? ~ . , ., pentagon? i think what they are t in: to pentagon? i think what they are trying to do pentagon? i think what they are trying to do here pentagon? i think what they are trying to do here in pentagon? i think what they are trying to do here in washington | trying to do here in washington is to keep it narrowly focused, these were a series of strikes planned with coalition partners to degrade and disrupt the hootie a
targets linked to houthis in yemen. president biden has issued the following statement today at my direction us military forces together with the uk and support from australia, bahrain, canada and the netherlands successfully conducted strikes against a number of targets in yemen used by houthi rebels to endanger freedom of navigation on one of the worlds most vital waterways did it let s get some immediate reaction to this development in the statement from the us president. let s quash now to washington and our correspondent there. what can you tell us? figs correspondent there. what can you tell us? correspondent there. what can you tell us? as you said we had a statement you tell us? as you said we had a statement from you tell us? as you said we had a statement from the you tell us? as you said we had a statement from the white - a statement from the white house confirming that the strikes have begun, saying it was the us, uk and lists a number of nations includ
the boss of shipping giant maersk has told the bbc why the waterway is so important to global trade. our intention back to tylenol. one of the first things the winning party will need to deal with after the election, is to answer this question how to deal with china? in the lead up to the polls, the world s second largest economy has warned of the extreme danger of electing a frontrunner from the ruling democratic progressive party, while the opposition kuomintang is viewed as being more friendly with beijing. china taiwan s biggest trading partner, also claims the self ruled island as part of its own territory. for clues on how this will play out after the weekend s results let s bring in lev nachman assistant professor in political science at the local national chengchi university. do you see any electoral outcome that would change china by xhaka there is the us? if they can see when the election there is a reset chance of dialectic between taiwan and the prc. it wi
us will not allow houthi attacks to imperilfreedom of navigation and britain s prime minister rishi sunak saying the uk will always stand up for freedom of navigation and free flow of trade. the big question is will the strikes work? britain s defence ministry says the strikes have already been a blow to the hootie s ability to threaten merchant shipping. the real risk is that the conflict in gaza will escalate throughout the red sea region. major shipping lines and oil giant bp have already diverted vessels around southern africa adding time and cost to journeys rather than risk the red sea. if the crisis continues the increased cost of oil as well as goods could be passed on to consumers. hampering efforts to curb inflation and reduce interest rates. the houthi have attacked 27 ships to date disrupting commerce on those key shipping lanes between europe and asia and they account for about 15% of the world s shipping traffic. the boss of shipping giant maersk has told the bb