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Lightning strikes spark fires on Cape Town's mountains

The blaze had affected hiking trails

Hely-hutchinson-reservoir , Western-cape , South-africa , Camps-bay , Cape-town , Constantia-nek , Skeleton-gorge , Gifkommetjie , Kirstenbosch , Limpopo , Olifantsbos , Hout-bay

Kirstenbosch Botanical Gardens closed lightning strikes spark fires on Cape mountains

Kirstenbosch Botanical Gardens closed lightning strikes spark fires on Cape mountains
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Kirstenbosch , Limpopo , South-africa , Constantia-nek , Western-cape , Camps-bay , Skeleton-gorge , Olifantsbos , Hely-hutchinson-reservoir , Hout-bay , Back-table , Table-mountain

Kenyans stare at costly imports as container prices surge further

China, the country's biggest import source, has had significant cost increases.

Sudan , Russia , Dalian , Liaoning , China , India , Taiwan , Kenya , Djibouti , Qingdao , Shandong , Red-sea

Asia Business Report

of major global trade chokepoints, often an anxious passage for western traders. there are tensions to add other choke point locations. this video shows houthi militants storming a british registered cargo ship in november. that was on an approach to the babur mandeb strait, a gateway to the red sea with suez canal to the north. it's often been in the news with ships targeted by those militias or drone attacks from yemen, according to the international monetary fund. suez canal trade fell by half in the early months of this year compared to the beginning of 2023. it's driven traders around the cape of good hope at enormous cost in time and money, and it's come at a huge cost to the egyptian economy, highly reliant on the canal for billions of dollars of income. further west, one more choke point, the panama canal. water shortages there have led the authorities to reduce the volume of shipping travelling between the atlantic and pacific 0ceans. the imf reckons that trade on that route has fallen

Cargo-ship , Tensions , Traders , Passage , Choke-point-locations , Video , Global-trade-chokepoints , Militants , British , Houthi , Suez-canal-trade , Ships

Asia Business Report

passage for western traders. there are tensions to add other choke point locations. this video shows houthi militants storming a british registered cargo ship in november. that was on an approach to the babur mandeb strait, a gateway to the red sea with suez canal to the north. it's often been in the news with ships targeted by those militias or drone attacks from yemen. according to the international monetary fund, suez canal trade fell by half in the early months of this year compared to the beginning of 2023. it's driven traders around the cape of good hope at enormous cost in time and money, and it's come at a huge cost to the egyptian economy, highly reliant on the canal for billions of dollars of income. further west, one more choke point, the panama canal. water shortages there have led the authorities to reduce the volume of shipping travelling between the atlantic and pacific 0ceans. the imf reckons that trade on that route has fallen by nearly a third over the past year. although tensions are high, the closure of the strait

Tensions , Cargo-ship , Traders , Passage , Choke-point-locations , Approach , Video , Mandeb-strait , Militants , Houthi , British , Babur

Take maritime shipping off the inflation warning list

These latest disruptions are forcing ships to take alternative, longer routes. But once the ships arrive at their destinations, they are being unloaded quickly.

Yemen , China , Brazil , Shanghai , Isthmus-of-panama , Panama-general- , Panama , Argentina , Iran , United-states , Red-sea , Djibouti-general-

Bad weather causes damage to 26 Western Cape schools as more rain expected

Twenty-six Western Cape schools have so far reported weather-related damage as a major storm continues to ravage much of the province, the Western Cape government reported on Monday.

Sunny-cove , Western-cape , South-africa , Fish-hoek , Deer-park , Limpopo , False-bay , Kwazulu-natal , Glencairn , Oudekraal , Cape-town , South-african

Consumers stare at costly goods as Red Sea attacks escalate

A barrel of oil likely to breach $100 mark again

Red-sea , Djibouti-general- , Djibouti , Gaza-strip , Iran , Gaza , Israel-general- , Israel , Russia , Kenya , Ukraine , Palestinian

US March LNG exports flat as Freeport plant woes continue

U.S. exports of liquefied natural gas (LNG) fell slightly in March to 7.61 million metric tons (MT) from 7.73 MT in February as production of the superchilled gas from the country's second largest exporter remained constrained, preliminary data from financial firm LSEG showed on Monday.

Dominican-republic , United-states , Trinidad-and-tobago , Kuwait , Ukraine , Freeport , Texas , Houston , Jamaica , Colombia , Bangladesh , Russia

Russia diverts LNG supplies for Asia around Africa to avoid Red Sea, LSEG data shows

Russia diverted LNG cargoes to China via Cape of Good Hope to avoid Houthi attacks in the Red Sea. The Suez canal route is risky, so they are taking an extended route around Africa, adding 10 days to the journey. Insurance premiums for ships are also increasing due to the conflict.

China , Kildin-island , Murmanskaya-oblast- , Russia , Geneva , Genè , Switzerland , Qatar , Jieyang , Guangdong , Yamal , Jammu-and-kashmir