How The Red Sea Crisis Is Harming India, Vietnam & The Rest Of Asia | Insight | Full Episode
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- เผยแพร่เมื่อ 22 พ.ค. 2024
- There is trouble in the Red Sea. Houthi attacks on ships have seen a diversion of maritime traffic away from the Suez Canal. This has led to rising shipping costs, and broken supply chains could push an already fragile global economy into recession.
Meanwhile, the Houthis have vowed to expand their attacks, even as the war in Gaza becomes a rallying cause for other non-state militant groups. International efforts to broker a ceasefire in Gaza have stalled, while joint naval efforts to stop the Red Sea attacks have seen limited success. With signs that the Red Sea crisis could deepen, what will this mean for India, Vietnam, and the rest of Asia?
00:00 Introduction
01:48 Vietnam's worldwide coffee exports affected by Red Sea crisis
03:45 Origins of Red Sea crisis
07:30 Indian navy receiving calls from distressed vessels
10:20 Freight charges increase as companies divert their ships
13:28 Indian rice exporters, farmers suffer longer export times, higher costs
19:36 Twin crisis: Demands for exports fall while inputs cost more
24:32 Civil war in Yemen and the role of its Middle Eastern neighbours
33:42 Red Sea pirates working with the Houthis?
35:31 Operation Prosperity Guardian to keep commerce flowing
39:00 China's criticism of US actions
42:40 Will Red Sea attacks stop with a ceasefire in Gaza?
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ABOUT THE SHOW: Insight investigates and analyses topical issues that impact Asia and the rest of the world.
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Legends ❤ keep up the 👍 job
Excellent informative
Well,Not even 3% of India's Exports Turned out to be Affected since India's Monthly Goods Exports Have Crossed $ 41 Billion USD First Time,despite February having relatively lesser days, Driven by Electronics & Pharma etc I don't know where do they Calculate from
Well maybe they would have done even better with lower freight costs.
Honest question.
How much are Indian citizens paying for petrol and diesel per litre. What's the price of rice and flour per KG/10 KG/Quintal compared to previous years? I'm an idiot when it comes to economics. I'm assuming lower gas prices considering the heavily discounted Russian crude import from the Urals.
In my opinion, India could've just easily avoided the Houthis attack had they remained neutral in this Israel Palestine conflict instead of taking sides.
@@user-fiF5ei8tyah the patrol price is around 100 rupees per liter and rice is 50 rupees per kg and wheat flour which we consume a lot is 35 rupees per kg. And dollar is 83 rupees for one USD. So you can calculate the price in USD 😊
@@user-fiF5ei8tyah India is neutral on almost all the global crises. Honestly we can’t afford to take sides. You can check Indian foreign ministers interviews for the govt stands. People has different opinions but it really matters when it comes to diplomacy.
@@BigWinonslotthat neutrality dies with china. Neutrality and isolationism are a privilege (and a smart position) but india is not gonna aford it in the next decades - which is unfortunate.
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
In conclusion - the root of the middle East problem is the Iranian regime. The Abraham accord was to expand to include Saudi Arabia but so long as the Ayatollahs have Iran there will be no peace.
Cry louder
Legend the best keep up the job❤
Fortunately, we have sino-europ railway for high value goods transportation
Ships transport way more quantity, thus making it cheaper.
On March 21, China and Russia reached an agreement with the Houthi armed forces in Yemen on the Red Sea shipping issue.
Yemen's Houthis have told China and Russia that their ships can cross the Red Sea and Gulf of Aden without being attacked.
7-2-2024 Chinese cargo ships passing through the Red Sea receive discounts on insurance premiums, while American and British ships are more expensive or even not insured
A report on the 7th quoted relevant practitioners as saying that due to the impact of the Red Sea conflict, the shipping insurance market is being graded. Underwriters differentiate between the carriers they insure, and premiums for Chinese cargo ships are more favorable.
Chinese ships sailing in the Red Sea can obtain shipping insurance discounts below the market price, while related ships in the United States, Britain and Israel need to pay higher insurance premiums, and are even directly excluded from coverage by many insurance companies.
China is the biggest saboteur , they are responsible for the conflict, China and Iran are in cahoots to start this conflict in Oct 7 to disrupt trade lines
Aren’t Singapore suppose to be standing in the middle ground? Why are the news always leaning more and more to the other side?
investments, retreating jewish investments hurts them
This is mainly west(20%) problem cause by themselves , not the rest(80%) of the world.
CNA again helping the west pushing west problem is the world problem.
Just like Youkrain is EU regional drama , not the rest.
Someone invested in something there like they invested in Sinovax and the formula one race. Just enjoy the show as someone burns their hands trying to save their investments Lor.🤣🤣🤣🍿🤷🏼♂️ They think sorrow ,Klaus will help. So naive. Highly entertaining.
A country where money is everything moral is nothing.
A resourceless Island, it swayed a lot in the past 2 years.
China is the biggest saboteur , they are responsible for the conflict, China and Iran are in cahoots to start this conflict in Oct 7 to disrupt trade lines
On March 21, China and Russia reached an agreement with the Houthi armed forces in Yemen on the Red Sea shipping issue.
Yemen's Houthis have told China and Russia that their ships can cross the Red Sea and Gulf of Aden without being attacked.
No one likes Russia except for China, and nobody likes China as well. Both countries neighbors dislike Russia and China cuz they greedy bullies, it makes sense bullies side with another bully in Mid-East
China and Russia are privileged, must be nice, la dee dah
China is the biggest saboteur , they are responsible for the conflict, China and Iran are in cahoots to start this conflict in Oct 7 to disrupt trade lines
And just 3 days after that deal on March 24th, Chinese cargo ship M/V Huang Pu was attacked by 5 Houthi ballistic missiles, one of which hit it.
@@DarkRockslizer The ship was British and registered to the Hong Kong Leather company a month before it was hit. By the way, this British ship has been carrying oil from Russia to Europe. The US media has been hyping it since then, but the Chinese are not stupid
Because of all these.. i ask myself everyday.. why am i logistics and shipping... it is so stress
This is mainly west(20%) problem cause by themselves , not the rest(80%) of the world.
CNA again helping the west pushing west problem is the world problem.
Just like Youkrain is EU regional drama , not the rest.
Sri Lanka also hard hitted but our port business are booming because now Sri Lanka is the last service stop for ships
😅👍
China is the biggest saboteur , they are responsible for the conflict, China and Iran are in cahoots to start this conflict in Oct 7 to disrupt trade lines
All best for Sri Lanka I wish all luck and fortune very nice people
how could this happen right next to Djibouti where nearly EVERYONE has a military basis?
China is the biggest saboteur , they are responsible for the conflict, China and Iran are in cahoots to start this conflict in Oct 7 to disrupt trade lines
Every move is risky, one mistake it's a conflict, no matter what, it always sounds bad.
Yup, we are standing in a power keg, one small spark and boom. Just hope the spark doesn't come 😢
China is the biggest saboteur , they are responsible for the conflict, China and Iran are in cahoots to start this conflict in Oct 7 to disrupt trade lines
If the prices have to rise. Redirect the ships. Then what would they attack????
or just use the Pacific Ocean
many ships still pass the red sea safely, because they got no connection to israel
China is the biggest saboteur , they are responsible for the conflict, China and Iran are in cahoots to start this conflict in Oct 7 to disrupt trade lines
prices rise *because* they redirect the ships
@demoncloud6147 Can't use pacific, because the cargo is for Europe, not USA.
Export coffee in Indonesian Vietnam, our coffee th price in the local market is high, maybe if we buy Vietnam coffee, the price Will down in the local market
Is Indonesia primarily a tea drinker or a coffee drinker nation?
The ship, called a Chinese tanker, was actually British and registered to the Hong Kong Leather company a month before it was hit. By the way, this British ship has been carrying oil from Russia to Europe. The US media has been hyping it since then, but the Chinese are not stupid
Global geopolitical conflicts are very complex and interrelated. Each country took an advantageous position from the conflict.
India buying cheap oil and fertilizer from Russia at Chabahar Port in Iran. Even though India supports Ukraine and Israel.
Also, Indonesia in the economic sector is close to China through the Whoosh high-speed rail project, Nickel mining, Lithium battery factories, electric vehicles, and other investments.
Meanwhile in the military sector, Indonesia is close to US and allies through the purchase of Rafale (France) and F-15EX (US) jets, Scorpene submarines (France), Italian warships. Indonesia regularly participates in military exercises with US, Japan, Australia, and Philippines. Even though Indonesia supports Palestine.
Indonesia position in relation to palestine is more to apease its voters. In reality, indonesia occupies half papua, half timor and bali, it's generally anti-separatism to the point it doesn't recognize kosovo.
@@puraLusa Find fact:
In January 2024 at the UN Security Council session, Indonesian Foreign Minister Retno Marsudi firmly supported Palestine.
In 1969, the UN held a referendum by people of West Papua. And people of West Papua legally joined Indonesia.
On May 20, 2002, Timor Leste officially became an independent country with support of UN and international community.
Since 1950, Bali Province has joined Indonesia.
Find hoax:
So, all your comments are hoaxes.
@@SonyThamrin nope, they are not. U need to dig a bit more but hey let's all jump into whatever desunited nations say right?
Edit: some reading for internet to counter the fake news
en.m.wikipedia.org/wiki/Act_of_Free_Choice
War is pretty FAR from "complex" ... There are people dying... and others making money off it... That's It...
China is the biggest saboteur , they are responsible for the conflict, China and Iran are in cahoots to start this conflict in Oct 7 to disrupt trade lines
7-2-2024 Chinese cargo ships passing through the Red Sea receive discounts on insurance premiums, while American and British ships are more expensive or even not insured
A report on the 7th quoted relevant practitioners as saying that due to the impact of the Red Sea conflict, the shipping insurance market is being graded. Underwriters differentiate between the carriers they insure, and premiums for Chinese cargo ships are more favorable.
Chinese ships sailing in the Red Sea can obtain shipping insurance discounts below the market price, while related ships in the United States, Britain and Israel need to pay higher insurance premiums, and are even directly excluded from coverage by many insurance companies.
China is the biggest saboteur , they are responsible for the conflict, China and Iran are in cahoots to start this conflict in Oct 7 to disrupt trade lines
Those who have the power to stop the war in the Middle east are responsible for this crisis. If it doesn’t stop we should expect some kind of global financial crisis to unfold.
Singapore and its Indian crews took out Baltimore bridge without firing a shot.
Lol
First learn about the naval law in the USA...kiddo
The pilot and the captain of that ship were 'local' American as per the law there.
Who said slavery ended. The crew were indians.
😂
Own by a Chinese second generation CCP who call himself ABE. Marine insurance got all the detail.lol lame fragile 攪屎棍 五毛。
@@durgeshsss lol bullying someone cuz you ain't understand the sophistication of the joke, you need to educate yourself on critical thinking, think twin towers NYC and the fine details how it disappeared, then 💡💥💡💥
What happened to the Red Sea Crisis? D:
This is driving up the prices of gold, coffee, and other commodities. Perhaps the US will increase its ship escort services for other partners. 🤔🤔🤔🤔
Why? Doesn't any European countries or India have a navy? Why the US?
Fun fact:
prices of gold, coffee, and other commodities driving up mainly by the empire unlimited printing $ .
NOT this...don't drag by western MSM
U$ will print more money , and whole world that uses dollar will pay by inflation .
U$ economy is based on printing money and taxing whole world .
Imagine you have $10 in bank which is 5 kg of tomato.
After year you still have $10 in bank , but tomato is 2.5 dollar per kg due 20% more money add by printing .
Now your $10 can only get 4 kg of tomato. Who steals your one kilo of tomato ? That U$ economy.
Imagine WW3
Traffic was brought to a stop in the Bay Area on Monday as protestors supporting Palestine and calling for an end to the War in Gaza between Israel and Hamas blocked lanes on the famous bridge just outside San Francisco.
China is the biggest saboteur , they are responsible for the conflict, China and Iran are in cahoots to start this conflict in Oct 7 to disrupt trade lines
Gaza and Hamas are different.
Obvious this wasn't made last Saturday
US would like India to get involved in the Red Sea even though it has 2 carrier battle groups in the region
Why should the US get involved in a shipping problem for Asia, the Middle East, and Europe? People are always complaining when the US sticks its nose in other people's business and now they're mad we aren't sticking our nose in. Let the countries involved put together a force to deal with the problem. This isn't a US problem. And neither is Israel for that matter.
How big do you think the red sea is? It's not a small lake or something...
Houthi Terrorist ?
Those who want to prevent GenOcide in Gaza are called Terrorists?
The party that conspired and committed Gen0cide is said to be the party that upholds international law?
The soul of the wicked desireth evil: his neighbor findeth no favor in his eyes. Every purpose is established by counsel: and with good advice make war.
Sadly, the Hamas rulers in Gaza took bad advice from many outside parties - and bit off more than they could chew. None of the arab countries want anything to do with Gaza, they are seen as pawns and fools to be used and abused. Gaza is basically an outdoor prison camp to store the radicals nobody wants in their territory. They mercilessly attacked the only nation that allowed them a refuge within their borders... ( Hamas has repeatedly denied the possibility of two state solution )
"Straw that broke the camel's back" Doesn't matter what the world 'public' opinion is - in private most don't give a rat's ass about palestinians in Gaza. Houthi's included !
May 21, 2011 was the beginning of judgement day on the world { you were warned }
And it shall come to pass in that day, a great tumult from the Lord shall be among them; and they shall lay hold every one on the hand of his neighbor, and his hand shall rise up against the hand of his neighbor. Zechariah 14;13
"Tumult' = confusion & disbelief Division is the result for the destruction of mankind. NO ESCAPE
Because I have called, and ye refused; I have stretched out my hand, and no man regarded; But ye have set at nought all my counsel, and would none of my reproof: I also will laugh at your calamity, I will mock when your fear cometh. Proverbs 1; 24-26
7 October 2023 never forget
RESISTANCE IS AN OBLIGATION..AGAINST SUBJUGATION!!
FREE PALESTINE 🇵🇸
China is the biggest saboteur , they are responsible for the conflict, China and Iran are in cahoots to start this conflict in Oct 7 to disrupt trade lines
It's called genocide not a war
war
You start a war with someone 100x more powerful, this is what will happen. War is between equals, or atleast close. Whatever the case, innocents are dying, and its extremely tragic, humanity is losing as a whole.
your lineage started a war you cant win.
@@simrock1893
As long as it’s not hurting your packet you’ll be okay.
@@simrock1893 it's not a war it's a slaughter. One side has massive firepower and one side cannot fight back. That's not a war
This media
must cite exactly whose ships, how many ships, and what periods ships are being attacked. Shame on fake media 😅
the global ways have changed since COVID !!!
Cna forgot one major country in asia
You mean Australia?
Houthi operation is most economically hurting ever. Why US target them,not iran or hezbollah. But US operation cs more money than they lost from houthi.
Countries that were shortsighted & spiteful, that accommodated budding global dysfunction & villainy, like the unjustifiable invasion of Ukraine etc, have sown enlarging chaos & a return to dangerous geopolitical tendencies.
Singapore is a resourceless Island. Anything could affect them. They have to play a very smart game of balancing. You can see that they sway a lot specially for the past 2 years.
That’s totally understandable. But we should not forget the core values of humanity.
All these nations
Either
Russia
China
US
UK
Iran
Or France
They are rich in resources and have high risk tolerance.
who will keep the sea lanes open for Singapore?
Singapore is a land of many ethnicities from resource heavy countries like China / India / Indo-Malay / allegedly Portuguese / etc, go write those countries and tell them Singapore needs their peoples countries resources to support their people in Singapore, it's only fair since Malaysia no longer claims Singapore that Singapore get creative and fix it's fragility
@@1st-1ast😂 Chinese here, if someone erased that tiny country, no one cares in China. 😂
Asia is not the US, Houthis please wake up!! We have a lot of low income people here!!!
The Houthis won't touch Chinese ships though
why should they?
They already did. A chinese oil tanker was attacked.
Maybe it was by mistake, but it's enough to make china worried about it's interests.
chinese ships are avoiding the area....
7-2-2024 Chinese cargo ships passing through the Red Sea receive discounts on insurance premiums, while American and British ships are more expensive or even not insured
A report on the 7th quoted relevant practitioners as saying that due to the impact of the Red Sea conflict, the shipping insurance market is being graded. Underwriters differentiate between the carriers they insure, and premiums for Chinese cargo ships are more favorable.
Chinese ships sailing in the Red Sea can obtain shipping insurance discounts below the market price, while related ships in the United States, Britain and Israel need to pay higher insurance premiums, and are even directly excluded from coverage by many insurance companies.
@@happymelon7129 source? Cause 1 chiness ship was actually attacked.
I smell desinfo.
Vietnam has close diplomacy with Israel apartheid. And fund funds Israel. Starbucks and vietname coffee lol
China is the biggest saboteur , they are responsible for the conflict, China and Iran are in cahoots to start this conflict in Oct 7 to disrupt trade lines
Thanks Israel. How about that cease-fire?
Let's see if the 3rd world war breaks out officially this weekend.
China speaking of human rights?😂😅
Actually they are way better than the west
9
use Chinese ships instead
I stand with houti ❤❤❤
just go to south africa dont pass suezz
increases export price and waiting time
higher price, which these cost will eventually transferred to the consumers
@@haopengzhang8237 in future there are so many option rute, and teknology
Ww3
Houti = China
Disappointed to see Singapore's derailing neutrality
This is mainly west(20%) problem cause by themselves , not the rest(80%) of the world.
CNA again helping the west pushing west problem is the world problem.
Just like Youkrain is EU regional drama , not the rest.
current foreign minister CMI.
Propaganda channel
BUY BITCOIN
learn from israel how to defend yourself and your ships from any target ;)
It's because of Israel we are all in this mess.
well, the ships werent being attacked before oct 7 '23
so..
7th 0c7 never forget!!
💩 scared of few brave ❤ whose right to determination is binded with ☪️ and numerous more.
Say No to AIPAC 🐕💩
Deal with your own 💩 puny lil 🐀
Should do an episode of those most harmed ...
"How The Red Sea Crisis Is Harming U$, UK, EU"
Love your rascim! So if your country is affected then it matters!
Houthis is a nation with a backbone to stand against oppression of Israel.
They target only Israel ships initially, but US, UK attacked Yemen. So now it is ships linked to Israel, US and UK.
So if you are smart Asian business operator. Avoid those ships. China and Russian vessels are safest.
It don't matter as many ruling party supporters in inddia support israel, economy dont matter much
Only the west and Singapura 😂 have problem
China taking the long way around Africa or thru Panama Canal. US trade goes across pacific and Atlantic. only Europe/Asia route affected, but no navy in Asia has the reach to affect this area.
Does India regret not joining the Belt and Road?
Not at all ...
India has many route options...plus don't forget india has good relationships with Iran ...
Such a propaganda piece. Not any good.
Invest in a translator. AI is cheap.
Singapore should not get involved and be neutral.
how to ensure Singapore sea trade?
Unless history started 6 months ago, Hamas and Israel have been fighting since the 80s.
Why would Vietnam be using red sea to export coffee ? This product is a African origin product & north Africa to the middle East has the best diverse types of coffee on the planet. Vietnamese coffee to USA should be going directly to the east coat of America? To Europe is a issue but that could be via Russia these are all commie countries ! Russia is the historical birthplace of Soviet communist politics so from Vietnam via China to Russia to Europe using rail ? Fyi the term Cape of good hope is out of fashion. The country is south Africa & the port of call is the Durban port that currently is the gateway to southern Africa. The Cape seas are still too rough for any docking to be done. Port Elizabeth offers the alternative. Either way the time delay & costs for perishables dies not make this route desirable. This conflict along with COVID & the Ukraine Russia war shows the weakness in global supply lines ie there are no alternatives & if there are it's ineffective & could cause huge losses esp wrt perishables. E.u , USA etc need to formulate alternates now. COVID shuda taught us not to put all our eggs in1 basket.
Starbuck coffee (izrael) is using that coffe
A.I. generated comment 🤖
You are right but Starbucks need their law quality
Import Iranian high-quality fertilizer which is 30% lower price than other sources and they supply with no disruption.
Houthies have every right to control their own water path and they are amazing people with morals to do what they do.
Asian businesses should divert their export through new trade route and payment system.
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