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A little earlier, i spoke to randy giveans. he's senior vice president of maritime shipping equity research at the investment bank jefferies. this is certainly a pretty bad trafficjam when it comes to global shipping, right? there's about 10—12% of global trade goes through the suez canal, so when you have a ship stuck, right, there are 80—120 ships that are waiting to get through, either south of it, further down in the red sea, or north in the mediterranean, so either way, it's causing a massive backlog in congestion. and we know the container market, container ship market, is extremely ...

Randy, good to see you. the suez canal must be the world's worst place for a ship to get stuck. what is the knock on effect for everyone else? ., «a is the knock on effect for everyone else? . ., ., , , else? thanks for having me. this is certainly a — else? thanks for having me. this is certainly a pretty — else? thanks for having me. this is certainly a pretty bad _ else? thanks for having me. this is certainly a pretty bad traffic - else? thanks for having me. this is certainly a pretty bad traffic jam - certainly a pretty bad trafficjam when it comes to global shipping, right? there's...

To sebastian roblan. and the u.s. deployed this power using a vast network of some 800 overseas bases. china has three. china spent about $250 billion on this military which is a third as much as the united states. michael o'hanlon noted that if china were in nato, we with berate it for inadequate burden sharing since its military outlays fall below the nato 2% minimum. at the height of its imperial might in the late 19th century, great britain adopted a two-power standard. its navy had to be larger than the next two put together. u.s. military spending remains larger than the next ten countri...

Beijing's roughly 600 according to national security analyst, sebastian roblan. and the u.s. deployed this power using a vast network of some 800 overseas bases. china has three. china spends about $250 billion on this military which is a third as much as the united states. michael o'hanlon of the brookings institution notes that, if china were in nato, we with berate it for inadequate burden sharing since its military outlays fall below the nato 2% minimum. at the height of its imperial might in the late 19th century, great britain adopted a two-power standard. its navy had to be larger than ...

This compromise. he will send relief to fort sumter but only food and medical supplies. no soldiers, no weapons, no ammunition, nothing war-like. >> he notifies the governor of south carolina. lincoln says i am sending a fleet down to give bread to starving men. and if you don't bother that relief expedition we won't do anything militarily. however, if you try to interrupt, that we have war ships that will then engage. so it really put the south on the spot. >> and so there's almost certainly an element of strategy involved here. lincoln has said at various points to white southerners, you can...