19/01/2024
How much damage are the Red Sea attacks doing to the global economy? The crisis for the global shipping industry is pushing prices up as vessels are forced to take the longer route.
How much damage are the Red Sea attacks doing to the global economy? The crisis for the global shipping industry is pushing prices up as vessels are forced to take the longer route around the south of Africa to avoid the threats from Houthi rebels in Yemen. The CEO of Danish shipping giant Maersk Vincent Clerc says consumers are already feeling the impact as he struggles to keep his crews safe. And the head of the UN's International Maritime Organization Arsenio Dominguez tells Aaron Heslehurst about his concerns for the world's ability to move goods freely through the oceans. Plus, the head of the world's biggest beer maker, AB InBev's Michel Doukeris explains why the brewer of Budweiser, Corona and Stella is spending hundreds of millions of dollars sponsoring the Olympics.