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interruptions to shipments of liquid gas. but we are currently well stocked and any impact on energy bills would not be felt for several months. so while this is not derailing our prosperity yet, that unrest in the red sea, if is prolonged and escalates, could threaten growth and declining inflation just at a time when the economy is already feeling quite fragile. the boss of maersk — one of the world's biggest shipping companies — has already been warning of "significant disruption" to global supply chains — because of those houthi attacks. the maersk ceo told the bbc that the extra costs on freight are already being passed onto consumers. this is one of the most important arteries of global trade and having to re—route all of this cargo now south of the cape of good hope is going to create significant disruptions to the global supply chain for the duration in which we have to do that, and probably a few months more
secondly the cost of things will go up secondly the cost of things will go up in terms of the freight and if you talk about the indexes, these will eventually likely be passed on to consumers. so we should to some extent or degree expect these costs passed on. the question as to what extent and how much. i think the issue at the moment as there is a lot of uncertainty over how much longer this will carry on and that will have an effect on the extent we see prices rise. as you mentioned, while prices have risen as aprons and the spill over onto other commodity prices as well as other components in the inflation basket, thatis components in the inflation basket, that is where central banks will be keen to monitor closely. and we have been dealing with crisis upon crisis upon crisis, beginning with the pandemic then the invasion of ukraine and that has filtered through to the oil price and inflation. , through to the oil price and inflation-— through to the oil price and inflation. , ., , , ., inflation. this was the year when we were hoping — inflation. this was the year when we were hoping interest _ inflation. this was the year when we were hoping interest rates _ inflation. this was the year when we were hoping interest rates would - were hoping interest rates would start coming down. what you think is the risk that it the process? i do
the uk government is planning the biggest expansion of the nuclear power industry in 70 years. a new large—scale nuclear plant would quadruple supplies by 2050, which the government claims would lower bills and improve energy security. this nuclear power currently provides around 15% of the uk's electricity, but many of the country's ageing reactors are due to be decommissioned over the next decade. coming up: planting the seeds of a high—tech future. how artificial intelligence could transform the lives of indian farmers. around the world and across the uk, this is bbc news. voice-over: bbc news, - bringing you different stories from across the uk. route could be back in a big way. ten county counsel fields, october part of the 20 will have to become a giant lorry parked freight went across the channel pretty much permanently. new checks are to
The California-based technology company has been making autonomous hauls between Texas' two largest cities, while having a human behind the wheel to oversee operations, since 2019.
The Korean shipping industry and several government organizations are increasing their efforts to minimize the impact of tensions in the Red Sea. The situation escalated as Iran-backed Houthis from Yemen attacked civilian vessels, purportedly to support Hamas' conflict with Israel.
on the moon. there is a historical piece to all of this. putting this into the larger context of why this is happening now. this is part of the overall effort by the united states and its so-called artemis mission to put people back on the moon in the next few years. this time instead of planting flags and leaving footprints behind t idea is to build an outpost there. so what nasa did about four or five years ago is gave contracts to about 14 private players to fly payloads and landers to the surface just to get used to doing that so you have the ability to carry freight to and from the surface if need be and put instruments on the ground to characterize the environment a little better. instruments are better. we know more about the surface of the moon. we know now that there is
Multiple vegetation fires believed to have been started by sparks from the brakes of a freight train are threatening homes along a railway line near Kirwee,...
The protracted Red Sea crisis has entered its third month, with many shipping lines hesitant to resume services, while large shipping companies and international traders are facing soaring freight rates and fewer shipping slots.
Fresh images highlight the extent of the damage caused by a vegetation fire believed to have been started by sparks from the brakes of a freight train in...