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houthi fighters say they will continue attacking vessels in the region of the red sea. this announcement comes after they launched a drone attack in yemen on a us commercial vessel off aden. 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 companies had to take a detour around southern africa, driving up costs. mukesh sandav, head of oil trading, rystad energy, describes what is at stake in the markets. what is at stake is that a lot of crude oil, up to four million barrels a day, moving from east to west, and that is bought by russia, by india, by china, that s at stake and that also stake is a lot of vessels which move towards europe. i would say all this, as we re talking about a sizeable number of barrels of crude and products will all of this get impacted or only a part of this will be impacted because what we have learnt is that the system finds alternate ways of re routing ....
we are learning at this hour that houthi fighters say they will continue attacking vessels in the region of the red sea. this announcement comes after they launched a drone attack in yemen on a us commercial vessel off aden. 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 companies had to take a detour around southern africa, driving up costs or have decided to suspend shipment indefinitely. mukesh sandav, head of oil trading, rystad energy, describes what is at stake in the markets. what is at stake is that a lot of crude oil, up to four million barrels a day, moving from east to west, and that is bought by russia, by india, by china, that s at stake and that also stake is a lot of vessels which move towards europe. i would say all this, as we re talking about a sizeable number of barrels of crude and products and the question comes, will all of this get impacted or only a part ....
record more than a year ago. the dow and nasdaq also closing higher. i spoke to tribeca investment partners, who told me what s driving the rally. 2024 we re heading to a good start. certainly, the investor optimism has returned after the first couple of weeks of a little bit of weakness. investors have decided 2024 is going to be a year where interest rates will head lower locally and the economic activity will slow down but not as bad as feared previously, so all that combined, it s good to see the nasdaq pushing higher, led by big tech, and everybody else heading the right way. big tech we re hearing some good things, some lay offs as well? sure. i do think big tech is going through for 2024, certainly they ve had a great start, but i do think they will slow down somewhat because of the things you talk to. their earnings were slowed somewhat because costs are higher. i do think that the ai related sectors within the big tech will do betterjust because there s a ....
partners, who told me what s driving the rally. 2024 we re heading to a good start. certainly the investor optimism has returned after the first couple of weeks of a little bit of weakness. investors have decided 2024 is going to be a year where interest rates will head lower locally and the economic activity will slow down, but not as bad as feared previously. so all that combined, it s good to see the nasdaq pushing higher, led by big tech, and everybody else heading the right way. big tech we re hearing some good things, some lay offs as well? sure. i do think big tech is going through for 2024, certainly they ve had a great start, but i do think they will slow down somewhat because of the things you talk to. their earnings were slowed somewhat because costs are higher. i do think that the ai related sectors within the big tech will do better just because there s a phenomenal amount of growth. but every part of big tech is going to experience slowdown because o ....
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