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World Business Report: First broadcast 23/01/2024 15:32 GMT : Container prices soar despite new attacks on Houthi rebels

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Container prices soar despite new attacks on Houthi rebels

First broadcast 23/01/2024 15:32 GMT 

First broadcast 23/01/2024 15:32 GMT : Container prices soar despite new attacks on Houthi rebels

BBC World Service - World Business Report, Container prices soar despite new attacks on Houthi rebels

The US and UK have conducted a fresh series air strikes against Houthi targets in Yemen

The US and UK have conducted a fresh series air strikes in response to dozens of attacks on commercial tankers passing through the Red Sea.

The US and UK have conducted a fresh series of joint air strikes against Houthi targets in Yemen.

The Iran-backed Houthis have been targeting ships they say are linked to Israel and the West that travel through the important Red Sea trade route. Britain is planning new sanctions targeting sources of finance to the Houthis in the coming days as well.  

We examine what the Red Sea disruption means for the price of containers carrying goods between the West and Asia. 

And as the Oscar nominations are announced, presenter Sam Fenwick looks at how the film industry is recovering its finances after the recent spate of strikes.

(Picture: Maersk Hangzhou container ship, photographed in Le Havre, France on 11 May 2018. Picture credit: Pascal Bredel)

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First broadcast 23/01/2024 15:32 GMT : Container prices soar despite new attacks on Houthi rebels

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