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
to restore public faith. the culture sadly in the met is all pervasive and the institutional racism, misogyny and homophobia is largely led by what their officers have said and what our own research has shown. todayis today is without a doubt one of the darkest today is without a doubt one of the darkest days in an almost 200 year old met police service. european stock markets recover in early trading with shares in banks rallying after moves to reassure investors following the takeover of credit suisse. barricades go up in new york in preparation for protests. a grand jury could make history by indicting former president donald trump over alleged hush money paid to a porn actress. hello and welcome to bbc news. the chinese president xi jinping, who s in moscow, has described russia and china as strategic partners and great neighbouring powers . on the second day of his visit, mr xi invited vladimir putin to visit beijing this year, and said he would make ties with mos
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At an annual rate of 3. 4 in april, down from 3. 5 in march. It doesnt sound much of a drop, but it was the first time this year that inflation has fallen as expected, suggesting the fed could finally be winning the battle against soaring prices. Heres erin delmore in new york. A banner day on wall street with all three major indexes closing at record highs. Thats right the dow, the s p 500 and the nasdaq all hit their highest levels ever. The catalyst wednesdays Consumer Price index report which showed inflation rising less rapidly in april than wed seen in the first three months of the year. Fed Chairjerome Powell had said just a day earlier that fed officials were surprised by this years higher than expected readouts. Traders keenly watch Inflation Figures for clues on how the fed will move forward on Interest Rates. Any news of price increases easing raises their hopes the Interest Rates will be cut sooner rather than later. Now more investors expect the fed to make its first rate
Of surgery to save his life following an apparent assassination attempt. Local media reported that the Prime Minister had regained consciousness. The deputy Prime Minister, tomas taraba, told the bbc that the operation had gone well and he expected mr fico to survive. The Prime Minister was shot several times as he was leaving a Government Meeting in what the Interior Minister described as a politically motivated attack. The deputy Prime Minister of slovakia accused opposition parties of using false narratives to paint the Prime Minister almost as a monster. In sliver you, we won two elections. In october we had parliamentary elections, so we have stabilised support of the public. In slavonic. Also international politics, speak about a false narrative that we want to leave the European Union and join the cooperation with russia and i dont want these false narratives and of course people from the other side lost the election sometimes, they believe in these narratives, they can become a