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BBCNEWS Asia July 6, 2024

havoc to global trade. speaking in bahrain, the us defense secretary lloyd austin said participating countries 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 more on what the shipping disruption might mean for the global economy, i m joined from washington by 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. altogether, it accounts for about us$1 trillion per year of trade, so it is quite significant, and a disr ....

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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 World July 6, 2024

a few hours ago, maersk also announced it will re route some of that red sea vessels around the cape of good hope, on a case by case basis. around 10% of global trade passes through the red sea, that s around 17,000 ships a year. but several major freight companies have now stopped passing through here. instead they are taking much longer route all the way around africa by the cape of good hope. that adds costs and delays. here is the us defence secretary lloyd austin. these attacks are reckless. they are dangerous and they violate international law and so we are taking action to build international coalition to address this threat and i would remind you that this is not just a us issue, this is an international problem and it deserves an international response. well that international response being asked to resolve those concerns? we are nowjoined by russ mould, who is an investment director at aj bell. the question, is it enough? will it work? i the question, is it e ....

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FOXNEWS The Ingraham Angle July 6, 2024

ready tomorrow?y toto take back this country? ba? are you ready to take the state back ? who s ready to send markkell kelly back to space? tomorrow? now, we re going to hear from reporters and candidates acrossh the nation tonight, including our own mark meridith in ohio, where donald trump is stilio wd stilll delivering what was billed as ah highly anticipated speech. s ts but first, the great realignment. that s the focus of tonight s angle, with republicans about to take control of botf h the house and the senate, mostis democrats aren t interested in serious soul searching aboutr au how it all unraveled fornc a bunch so worried about election denial, they seem to be preemptively questioning the legitimacy of the impending republican takeover. rean how concerned are you that the upheaval at twitter ll result in a flood of misinformation, disinformation right before i the election? and it actually goes beyonde ar twitter today. there arree reports s that, in fact, r ....

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BBCNEWS HARDtalk July 7, 2024

new president, despite his unpopularity with the public. he faces the task of leading the country out of its economic collapse and restoring order. his disgraced predecessor, gotabaya rajapaksa, resigned after months of protests. now on bbc news, hardtalk with stephen sackur. more news coming up in half an hour. welcome to hardtalk. i m stephen sackur. around the world, there are signs of deepening worker discontent. inflation is outstripping wages. global corporations stand accused of putting profits before people, while many governments see organised labour as a threat. why then is the union movement seemingly in retreat? have workers lost their faith in collective action? well, my guest is long time boss of the international trade union confederation, sharan burrow. do workers have problems that unions cannot fix? sharan burrow in brussels, welcome to hardtalk. good evening. good to have you on the show. let s look at what is happening in the world right now. we have ....

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