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BBCNEWS Asia July 6, 2024

speaking in bahrain, the us defense secretary lloyd austin said participating countries will include the united kingdom, bahrain, canada, france, italy and spain, among others. this is notjust a us issue, this is an international problem and it deserves an international response. and that s why i m convening a meeting tomorrow, a ministerial meeting, with fellow ministers in the region and beyond to address this threat. for exactly what this shipping disruption might mean for the global economy, i spoke to hung tran, a senior fellow at the atlantic council and former deputy director at the international monetary fund. this area of the red sea leading to the suez canal is quite important in terms of the volume of trade passing through it. about 12% of global trade passes through the red sea, including 30% of the container shipping. all together, it accounts for about us$1 trillion per year of world trade, so it is quite significant, and a disruption there would cause dam ....

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BBCNEWS Asia July 6, 2024

shipping companies may ask and halfback lloyd, another big shipping container company, have both announced they would stop sending shipping through the strait. i ll show you where thatis the strait. i ll show you where that is so it s here, at the south side of the red sea, and at the north side of the rest see, we have the suez canal. that s red sea. these are two of the world s biggest choke if anything, it halts shipping. making its way through to india or europe, or the unit states, it has to come here, they re here, through the straits of gibraltar before going further west or north from there. the alternative is to go south through the cape of good hope, adding 9 11; days potentially on the journey time. the suez canal authority has given a statement, saying, they are quite keen that business continues to flow through their. they have said that on sunday, 77 ships made their way through the suez canal, which i think is fairly normal. they said in recent weeks, s ....

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BBCNEWS Asia July 6, 2024

there have been concerned that the israel hamas would spread the region. here s our business reporter david waddell. the southern end of the red sea, the northern end of the suez canal. you can t get through the suez canal unless you make your way through this chokepoint. two companies have announced they will make that acid. one is the shipping container company maersk and the other is hapag lloyd. you need to make this much longer passage around the cape of good hope in south africa. that might add nine days, possibly more to thejourney might add nine days, possibly more to the journey if you go to europe, possibly six days to the united states. four ships traversing from the atlantic to the pacific ocean through the panama canal, there are additional issues. it s here from the independent economist. when you look at trade from shanghai to new york and asia to the east coast of the us, if we can t go through the panama canal, because it is very constrained because of ....

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BBCNEWS Breakfast July 6, 2024

they ve won their third premier league title in a row after arsenal slipped up at nottingham forest. and the trophy will be presented to them later today when they face chelsea at the etihad. this opposing new way of tackling climate change. crushed volcanic rocks that remove greenhouse gas from our atmosphere. from our atmosphere. climate scientists from our atmosphere. climate scientists are from our atmosphere. climate scientists are now from our atmosphere. climate scientists are now clear - from our atmosphere. climate scientists are now clear that l from our atmosphere. climate - scientists are now clear that some carbon removal, like this, will be needed to try to cool down our overheating planet. it s sunday 21st may. our main story: opposition parties are urging the prime minister to launch an ethics investigation into the home secretary, following claims she tried to avoid receiving points on her driving licence. a government source says suella braverman aske ....

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BBCNEWS The Context July 6, 2024

Which is marking 25 years since the signing of the Good Friday Agreement. The historic peace deal largely ended decades of violence in Northern Ireland. But Prime Minister rishi sunak says efforts must be intensified to restore the Power Sharing government that was central to the deal. It collapsed in the fallout from brexit and now the political dysfunction and security concerns are threatening to overshadow the historic milestone. Rishi sunak willjoin the us president , joe biden, on a visit to Northern Ireland on tuesday to commemorate the Good Friday Agreement. A few minutes ago, the
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