Stay updated with breaking news from Dax estep. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
the german shipping line hapag lloyd has said in the last couple of hours that it will continue to avoid the area for at least another week. it made the decision after another ship belonging to its rival maersk was attacked over the weekend. in that attack, houthi rebels based in yemen hit the ship with a missile and tried to climb aboard before the us navy intervened and sank the rebels four boats killing the crew in the process. the us military says there have been at least 23 attacks since mid november on a route that acconts for about 12% of global trade and which is now being avoided by several of the world s biggest shipping companies. let s unpack the latest on this with peter sand, chief analyst at the shipping analytics platform xeneta. thanks forjoining us. does this latest development suggests tha things are getting worse rather than better? you are hitting the nail on the head. we can see that from the direct developments on the platform where an esse ....
she lost her husband in combat when her youngest was three weeks old. these families have given up everything for us and i hope before people go out and celebrate, which i think today needs to be a day of celebration. we are a free country and need to celebrate their service and what they have done and remember them. i hope they take time to dedicate to what today really is all about. todd: that spouse had a three year old, one year old and a three week old and then i just finished with that panel of gold-star parents and you heard us joking, not joking but talking about how stories hit harder when you are a parent. you are about to experience it and understand what that is and listening to cheryl rex, the mom we just interviewed saying what she s going to do today. go to the grave site of her son to be with him. just think about that for a moment and think about so many parents. regardless of the war, who got that call, got that telegram, that no parent wants to get. ....
the uk has struck a deal to join a trans pacific trade pact consisting of 11 countries. together australia, brunei, canada, chile, japan, malaysia, mexico, new zealand, peru, singapore and vietnam account for 13% of global gdp. the pact called the comprehensive progressive agreement for trans pacific partnership aims to cut or reduce 95% of import charges or tariffs. but some will be retained to protect sensitive domestic areas. the initial gains for britain will only be marginal, as it already has free trade deals with 9 of the 11 countries involved, and the government s own estimates show being in the bloc will only add 0.08% to the size of the uk s economy. joining me now is marco forgione, dg of the institute of export and international trade. how big a win is this for britain? victoria, this is a huge achievement to the uk. there are three areas we need to look at whenjudging are three areas we need to look at when judging what s been approved. the first is ....
trouble in the valley? financial stocks slump as investors move to withdraw their deposits from silicon valley bank, a key lender to start ups. and the uk grows more healthily than expected injanuary but the government warns there s still a long way to go to restore stability. welcome to world business report, i m tadhg enright. we start in the us with a story causing some worries on financial markets. silicon valley bank has been trying to reassure its clients their money is safe after a 60 per cent collapse in its share price since wednesday. svb has been a key lender to many tech start ups the likes of airbnb and linkedin but questions have been raised about its financial health after it launched a huge share sale to raise money. joao da silva has the details. svb dropped massively overnight as the bank revealed it lost $1.8 billion and the folio of securities valued at around $21 billion. as a result of those losses, the bank was forced to rage cash by a huge sh ....
learned. law enforcement is about to arrest a suspect tied to the leak of a trove of highly secret government intelligence, which is embarrassed the us and strained multiple alliances. today. several blockbuster reports expose who the suspected leader is. the new york times has named him as a 21 year old member of the massachusetts air national guard. cnn has not independently verified his identity, and it s not currently naming him both the times and the washington post said the man is the leader of a chat group on the online platform discord and his older than most members of the group of gamers who call him o. g. one of his friends who spoke anonymously on camera to the post obtained parental permission to do so. because that friend is underage. take a listen. he was. he was a young, charismatic man who loved nature . god who loved shooting guns and in racing cars. he did see himself as the leader of this group, and ultimately he was the leader of this group, and he ....