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BBCNEWS Asia July 6, 2024



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. 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. are small disruption in su ....

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FOXNEWSW FOX July 6, 2024



joy to the world the lord is come let earth receive her king let every heart prepare him room and heaven brian: that is king and country. look at gingerbread made from scratch. is that the audience singing or his chorus? steve: the chorus. carley: that was in a studio. brian: those one day will be full. steve: six days from now. lawrence: can you imagine having people attend your concert that can also sing. brian: if you don t sing, don t get a ticket. lawrence: does that mean you will attend concerts going forward? brian: people are disappointed i dropped out. steve: it has to warm the heart of any performer when people are singing along. we see that with king and country. lawrence: they didn t know the lyrics, they were on key. brian, join in. brian: i don t qualify. i appreciate it. on my open, you are inviting me to sing. lawrence: if you are the face of the show. carley: a week from today, week after christmas, unboxes will be unwr ....

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FOXNEWSW The July 6, 2024



american people. x news pola l shows that the president is facing serious competition from democratsfrom. he only captures 62% of the vote against challengers. robert kennedy jr. and marianne williamson. and worse, 60 seven percent of americans view a biden victory in 2020 four as they , quote , a deserve or setback for america. the media pointing out thatface president biden does face an uphill battle,ll a horrible newe horrible for joe biden. whrrible for joe biden. the president leads his democratic competitors by a huge margin, two thirds of all of the american peopleed surveyed. 66% of the publi, c say that a biden victory would either be a setback or a disaster for the united states . it isastes not an outlier. right. so our cnn poll had kennedy at 20%. we ve had two fox polls out 1 in the last month. one had hi.m at 16%. put the other one had him at 19%.r o kennedy is putting up a far more impressive showing than i would have thought when he first entered the ....

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BBCNEWS Asia July 6, 2024



but will it last? rebecca babin is a senior energy trader at cibc private wealth. she gave me her predictions. i think the concern right now is really concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% is because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it increases freight costs. and it has increased insurance costs. that is what the markets are pricing in and looking at at this point. the market has not entered a panic mode, as we have seen in the past with other geopolitical events, where it starts to pricing supply is lost from the market. right now it is a logistical rerouting, what we re seeing, and not kind of that panic and fear that we re going to lose barrels. that obviously can c ....

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KNTV NBC July 6, 2024



and what it means for the race. also tonight, states of emergency declared in the northeast. the water is still rising in places after that massive storm. our team with first responders rescuing people trapped in homes. the rising toll. at least five people killed, and the new storm threat in the west, just days before christmas. the massive volcano eruption in iceland. dramatic images, rivers of fire, lava shooting up from a miles long crack in the earth. new video of two israeli hostages held by islamic jihad and the showdown in the red sea. the new task force being formed by the u.s. to stop rebel attacks on ships as more shipping giants suspend operations there. border crossings hitting a new record as a legal battle erupts over a controversial new texas law. and she made history on the nation s highest court. president biden and chief justice roberts leading a final farewell to sandra day o connor. announcer: this is nbc nightly news with lester holt ....

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