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Africa North
Freight traveling through the Suez Canal dropped by 45% since start of Houthi attacks
2024-01-27
[IsraelTimes] Freight going through the Suez Canal has dropped by 45 percent in the two months since attacks by Yemen
...an area of the Arabian Peninsula sometimes mistaken for a country. It is populated by more antagonistic tribes and factions than you can keep track of...
’s Iran's Houthi sock puppets
...a Zaidi Shia insurgent group operating in Yemen. They have also been referred to as the Believing Youth. Hussein Badreddin al-Houthi is said to be the spiritual leader of the group and most of the military leaders are his relatives. The legitimate Yemeni government has accused the them of having ties to the Iranian government. Honest they did. The group has managed to gain control over all of Saada Governorate and parts of Amran, Al Jawf and Hajjah Governorates. Its slogan is God is Great, Death to America™, Death to Israel, a curse on the Jews They like shooting off... ummm... missiles that they would have us believe they make at home in their basements. On the plus side, they did murder Ali Abdullah Saleh, which was the only way the country was ever going to be rid of him...
s led shipping groups to divert freight, disrupting already strained maritime trading routes, UN agency UNCTAD says.

UNCTAD, the United Nations
...an organization originally established to war on dictatorships which was promptly infiltrated by dictatorships and is now held in thrall to dictatorships...
Conference on Trade and Development, which supports developing countries in global trade, warns of higher inflation risks, food security uncertainty, and increased greenhouse gas emissions.

Shipping companies have diverted ships from the Red Sea since the Iran-backed Houthis, who control most of the populated parts of Yemen, began attacking vessels transiting through the Red Sea in what it says is support for Paleostinians in Gazoo
...Hellhole adjunct to Israel and Egypt's Sinai Peninsula, inhabited by Gazooks. The place was acquired in the wake of the 1967 War and then presented to Paleostinian control in 2006 by Ariel Sharon, who had entered his dotage. It is currently ruled with an iron fist by Hamas with about the living conditions you'd expect. It periodically attacks the Hated Zionist Entity whenever Iran needs a ruckus created or the hard boyz get bored, getting thumped by the IDF in return. The ruling turbans then wave the bloody shirt and holler loudly about oppression and disproportionate response...
. Many of the vessels targeted, however, have no proven links to Israel.

The United States and Britannia have responded with air strikes against the Houthis.

The agency says 39% fewer ships than at the start of December transited the canal, leading to a 45% decline in freight tonnage.
Posted by:trailing wife

#6  Will Egyptian bribe rates go up, down or remain static? I expect that they will go up and remain higher after the crisis is resolved.
Posted by: Super Hose   2024-01-27 10:45  

#5  Egypt might get p*ssed after a bit too as they're losing no small amount of revenue.
Posted by: Mullah Richard   2024-01-27 08:27  

#4  Products shipped around the Cape certainly will be.
Posted by: Skidmark   2024-01-27 08:11  

#3  Good. Unidirectional tolerance should be expensive.
Posted by: Grom the Reflective   2024-01-27 06:32  

#2  So now I have some confusion about shipping routes.
Because of the Red Sea rocketeers, canal traffic in general is dropping?
Posted by: Skidmark   2024-01-27 06:28  

#1  

OIL & Natural Gas prices spiking.
Posted by: NN2N1   2024-01-27 04:39  

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