Economic ripple effects of escalating Red Sea conflict will be felt: business analysts
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Economic ripple effects of escalating Red Sea conflict will be felt: business analysts
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Business Matters: Port of Montreal dockworkers hold one-day strike
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Halloween ‘shrinkflation’: How candy companies are adapting amid a cocoa crunch
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Economic ripple effects of escalating Red Sea conflict will be felt: business analysts
Description
January 12, 2024
The price of oil jumped on news that U.S. and British warplanes launched strikes against Houthi targets in Yemen, marking a significant escalation of conflict and tension that has been building in the area. Shipping costs continue to soar as commercial vessels are diverted away from the area, adding to production delays as well as fuel and labour costs. And the list of disrupted companies continues to grow, including Ikea, BP, Tesla, Volvo, Abercrombie and Crocs. Anne Gaviola has more on the current — and expected — impact on supply chains and inflation across North America.
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Economic ripple effects of escalating Red Sea conflict will be felt: business analysts01:55 | January 12, 2024
-
Black Friday deals and steals to level up your home05:56 | November 21, 2024
-
Managing your budget for Black Friday and holiday shopping05:17 | November 21, 2024
-
Business Matters: A ‘lot of ground’ remains between Canada Post, workers as strike talks progress02:10 | November 20, 2024
-
Wicked-inspired fashion for everyday glam06:23 | November 20, 2024
-
Canada’s inflation ticked up to 2% in October01:57 | November 19, 2024
-
Canada’s inflation rate rose to 2 per cent in October01:46 | November 19, 2024
-
Business Matters: Carrot recall expands to Canada02:02 | November 19, 2024
-
Health Matters: Canada’s climbing youth unemployment could cost country billions02:10 | November 19, 2024
-
The top 10 most stolen car models in Canada for 202301:23 | November 19, 2024
-
France farmer protests: EU-Mercosur trade talks rekindle anger in agricultural sector04:07 | November 18, 2024
-
How to avoid the rising travel scams and bogus bookings05:41 | November 18, 2024
-
Business Matters: Canada Post says ‘parties remain far apart’ as strike continues02:11 | November 18, 2024
-
Spirit Airlines files for bankruptcy amid severe financial losses00:36 | November 18, 2024
-
Canada Post strike: Union president addresses public’s concerns04:57 | November 17, 2024
-
Canada grapples with postal and port labour disputes06:32 | November 16, 2024
-
‘Fight fire with fire’: Poilievre vows to counter Trump economic policies, U.S. tariffs on Canada04:26 | November 16, 2024
-
‘Holmes on Homes: Building a Legacy’ stars share behind-the-scenes moments of new series06:41 | November 15, 2024
-
Business Matters: Canada Post workers issue strike notice02:41 | November 12, 2024
-
Labour minister orders end to B.C., Montreal port shutdowns with binding arbitration04:58 | November 12, 2024
-
How Trump’s ‘America First’ policy could affect Canada02:12 | November 8, 2024
-
Business Matters: Canada to require oil, gas companies to cut carbon emissions by one-third02:01 | November 4, 2024
-
As possible Canada Post strike looms, who could see biggest impact?01:41 | October 31, 2024
-
Your Money: A look at Halloween retail spending trends and ways to save05:13 | October 31, 2024
-
RCMP in B.C. seize cannabis-laced candy bars02:02 | October 29, 2024
-
HVAC Tips for Cooler Weather05:29 | October 29, 2024
-
Business Matters: Port of Montreal dockworkers hold one-day strike02:11 | October 28, 2024
-
Tips for creating healthier Halloween treats05:12 | October 28, 2024
-
Halloween ‘shrinkflation’: How candy companies are adapting amid a cocoa crunch02:17 | October 27, 2024
-
Halloween ‘shrinkflation’: How candy companies are adapting amid cocoa crunch01:24 | October 24, 2024
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By the numbers: How the interest rate cut will affect your variable mortgage04:23 | October 24, 2024
-
Exploring the luxurious lower level of the King City showhome03:42 | October 24, 2024
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Economic ripple effects of escalating Red Sea conflict will be felt: business analysts01:55 | January 12, 2024
-
Black Friday deals and steals to level up your home05:56 | November 21, 2024
-
Managing your budget for Black Friday and holiday shopping05:17 | November 21, 2024
-
Business Matters: A ‘lot of ground’ remains between Canada Post, workers as strike talks progress02:10 | November 20, 2024
-
Wicked-inspired fashion for everyday glam06:23 | November 20, 2024
-
Canada’s inflation ticked up to 2% in October01:57 | November 19, 2024
-
Canada’s inflation rate rose to 2 per cent in October01:46 | November 19, 2024
-
Business Matters: Carrot recall expands to Canada02:02 | November 19, 2024
-
Health Matters: Canada’s climbing youth unemployment could cost country billions02:10 | November 19, 2024
-
The top 10 most stolen car models in Canada for 202301:23 | November 19, 2024
-
France farmer protests: EU-Mercosur trade talks rekindle anger in agricultural sector04:07 | November 18, 2024
-
How to avoid the rising travel scams and bogus bookings05:41 | November 18, 2024
-
Business Matters: Canada Post says ‘parties remain far apart’ as strike continues02:11 | November 18, 2024
-
Spirit Airlines files for bankruptcy amid severe financial losses00:36 | November 18, 2024
-
Canada Post strike: Union president addresses public’s concerns04:57 | November 17, 2024
-
Canada grapples with postal and port labour disputes06:32 | November 16, 2024
-
‘Fight fire with fire’: Poilievre vows to counter Trump economic policies, U.S. tariffs on Canada04:26 | November 16, 2024
-
‘Holmes on Homes: Building a Legacy’ stars share behind-the-scenes moments of new series06:41 | November 15, 2024
-
Business Matters: Canada Post workers issue strike notice02:41 | November 12, 2024
-
Labour minister orders end to B.C., Montreal port shutdowns with binding arbitration04:58 | November 12, 2024
-
How Trump’s ‘America First’ policy could affect Canada02:12 | November 8, 2024
-
Business Matters: Canada to require oil, gas companies to cut carbon emissions by one-third02:01 | November 4, 2024
-
As possible Canada Post strike looms, who could see biggest impact?01:41 | October 31, 2024
-
Your Money: A look at Halloween retail spending trends and ways to save05:13 | October 31, 2024
-
RCMP in B.C. seize cannabis-laced candy bars02:02 | October 29, 2024
-
HVAC Tips for Cooler Weather05:29 | October 29, 2024
-
Business Matters: Port of Montreal dockworkers hold one-day strike02:11 | October 28, 2024
-
Tips for creating healthier Halloween treats05:12 | October 28, 2024
-
Halloween ‘shrinkflation’: How candy companies are adapting amid a cocoa crunch02:17 | October 27, 2024
-
Halloween ‘shrinkflation’: How candy companies are adapting amid cocoa crunch01:24 | October 24, 2024
-
By the numbers: How the interest rate cut will affect your variable mortgage04:23 | October 24, 2024
-
Exploring the luxurious lower level of the King City showhome03:42 | October 24, 2024
Economic ripple effects of escalating Red Sea conflict will be felt: business analysts
Description
January 12, 2024
The price of oil jumped on news that U.S. and British warplanes launched strikes against Houthi targets in Yemen, marking a significant escalation of conflict and tension that has been building in the area. Shipping costs continue to soar as commercial vessels are diverted away from the area, adding to production delays as well as fuel and labour costs. And the list of disrupted companies continues to grow, including Ikea, BP, Tesla, Volvo, Abercrombie and Crocs. Anne Gaviola has more on the current — and expected — impact on supply chains and inflation across North America.
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