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Marketplace All-in-One

U.S. and U.K. launch new strikes on Houthis in Yemen

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 23 January 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

From the BBC World Service: The U.S. and U.K. conducted additional air strikes against the Houthi rebel group in Yemen, as the group continues to attack Red Sea cargo ships. Then, as Chinese electric vehicle giant BYD looks to expand its line-up with luxury models, we’ll hear why the company was right to start at the affordable end. We’ll also see why locals are concerned about plans to boost Barbuda’s tourism sector.

Transcript

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0:00.0

Words will be backed by actions.

0:03.4

That's the warning from Britain's foreign minister as the US and UK launched more operations

0:08.2

to protect Red Sea shipping.

0:09.9

Live from the BBC World Service, This is the Marketplace Morning Report.

0:13.4

Will Bain with you again today in for Leannabha.

0:17.0

The second round of airstrikes against Huthies in Yemen came in response to continued attacks

0:21.4

on commercial shipping. Speaking to the BBC, the UK's

0:24.0

foreign minister David Cameron, described the attacks as unacceptable and illegal and

0:28.6

he said he was confident that strikes are degrading the Hootoothes ability to attack ships.

0:34.0

Since we last took action ten days ago there have been over 12 attacks on shipping by the hoothes in the Red Sea.

0:41.8

These attacks are illegal, unacceptable.

0:44.4

And what we've done again is send the clearest possible message

0:47.6

that we will continue to degrade their ability to carry out these attacks

0:51.9

whilst sending the clearest possible message

0:54.8

that we back our words and our warnings with action.

0:58.1

Well in response to those attacks, the Huthies released a statement saying these attacks will

1:01.5

not go unanswered or unpunished. Clearly a story. a

1:04.1

tacks will not go unanswered or unpunished. I'm clearly a story with plenty more to run and we will keep following it here

1:07.2

on the marketplace morning report.

1:08.7

Let's check in on the numbers now though.

1:11.3

And rumors of a massive injection of stock market support from the Chinese government boosted shares in Asia this morning, the whispers, and they're just that at the moment, seem to suggest a package in excess of $200 billion on the way to stabilize slumping markets.

1:24.6

Shares in Hong Kong rose on those rumors, the Hangsain closing up more than 2.5%.

...

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