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BBCNEWS Asia July 5, 2024

has been launched by houthi fighters in yemen on a us cargo vessel ship off aden. this comes after united states announced that it is returning the group to a list of global terrorist organisations. the escalating tensions in the red sea have many analysts concerned that the impact of these attacks will drive up the cost of living. some shipping companies have had to take a detour around africa driving up costs or have decided to suspend shipments indefinitely. mukesh sahdev head of oil trading at the research firm rystad energy describes what is at stake in the markets. what is at stake as there is a lot of crude oil moving from east to west, right? and fat crude oil, i would say, is blocked by russia, crude oil by india, by china. that is at stake. the other thing that is also at stake is a lot of plates that move towards europe. so i would say all and all, we are talking about a sizeable number of barrels of crude and product. now, the question comes, will all ....

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BBCNEWS Talking July 5, 2024

talking business. hello, everybody! a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. shipping gets stuck in the slow lane. how much damage will be caused by the red sea attacks forcing global trade to take the long way around? the global economy relies on all our stuff being moved across the oceans. but, are 150 years of progress being undone by an unprecedented threat to shipping? i m going to be discussing all of that with these two, there they are. the big boss of the world second biggest shipping company, denmark s maersk, who tells me that consumers are already feeling the effect with higher prices. and the boss of the un s international maritime organisation, who will fill us in on what needs to be done to keep the oceans free for global trade. plus, big bucks for the big stage the man who runs the world s biggest brewer, the giant behind budweiser, corona and stella tells us why he is spen ....

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BBCNEWS The July 5, 2024

the end of the fighting in gaza but israel has already made it clear it won t tolerate a palestinian state once the guns go silent. prime minister benjamin netanyahu has said that if it s a question of israeli security or palestinian sovereignty, he will opt for the former. but that s at odds with the two state solution which washington favours and unlikely to go down well in the rest of the middle east. also ahead tata steel has confirmed that 2,800 jobs will go when it turns off its blast furnaces at port talbot. the company says it will greatly reduce carbon emissions other voices are worried the uk will be dependent on imports for a vital resource. and a newborn baby has been found abandoned in a park in east london. we ll look at how the uk and the us are tackling issues like this we will get reaction to all of that. our panel this evening, joining us from miami, the democratic strategist hilary rosen, and in london, the chief political commentator from i n ....

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BBCNEWS Verified July 5, 2024

in the red sea. he will also know that yemen is one of the poorest countries of the world, suffered a massive humanitarian crisis with over 21 million people in need of support. can i ask the prime minister what will he do to ensure that they are not engulfed all over again particularly the civilians of yemen in hamas humanitarian catastrophe? yemen in hamas humanitarian catastmphe? catastrophe? can i thank my honourable catastrophe? can i thank my honourable friend catastrophe? can i thank my honourable friend are - catastrophe? can i thank my i honourable friend are amazing catastrophe? can i thank my - honourable friend are amazing and incredibly important point and reassure her and the house, and she will know this from my own that we are steadfast in our support of the yemeni people as one of the largest donors of life saving aid to the un appeal and we ve also committed £88 million in this forthcoming year, over the last several years we ve committed £1 bil ....

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KPIX CBS July 5, 2024

it was a complete breakdown and lack of leadership. major: the cbs evening news starts right now. good evening, everyone. i m major garrett in for norah. thank you for joining us. we will have more on that department of justice report on the uvalde school shooting in a moment, but first, coast-to-coast winter storms are blanketing the country with snow and a blast of cold air. more than 80% of all americans will see below-average temperatures this weekend. at least 60 deaths in the last week are being blamed on the weather due to car accidents, hypothermia, and heart attacks. plus, for the fifth time this week, the united states has launched air strikes on iranian-backed houthis inside yemen. cbs s charlie d agata is with marines on a navy warship in the mediterranean, where they are preparing for a possible escalation of the war in the mideast. but we begin with news in uvalde, where attorney general merrick garland released a nearly 600-page report on the sh ....

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