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2024-02-20 Africa North

After today's attacks, the Suez canal is effectively closed.

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Posted by 3dc 2024-02-20 07:20|| || Front Page|| [28 views ] Top
File under: Govt of Iran Proxies

#1 Let those who profit from it take action on their own. The Egyptian army might need something to do.

Posted by Ebbuger Whuque4103 2024-02-20 08:10|| 2024-02-20 08:10|| Front Page Top

#2 Looks like Egypt needs to do something about this situation.

Posted by Black Charlie McGurque1103 2024-02-20 08:11|| 2024-02-20 08:11|| Front Page Top

#3 PA food supplier warns Americans getting squeezed by inflation are becoming 'resistant' to higher prices

Posted by Skidmark 2024-02-20 09:18|| 2024-02-20 09:18|| Front Page Top

#4 Back when the Evergreen boat got stuck it was wall to wall doom coverage on how world logistics were impacted. Now that it’s not a relatively straightforward fix there’s minimal visibility in MSM. Ditto for the economic impact of recent events on the Israeli economy and the subsequent ripples through the international market

Posted by Griter Slash1619 2024-02-20 10:46|| 2024-02-20 10:46|| Front Page Top

#5 For Griter Slash 1619, key bits from the Times of Israel:

War-battered economy plunged almost 20%, marking sharpest contraction since pandemic

With the outbreak of the war, private consumption and investments dropped sharply, while government spending soared amid massive reservist callup and wide population displacements.

Though the war is ongoing, many reservists have returned home and economic activity has begun to recover as rocket fire from Gaza on Israeli cities has trailed off, though only some of that gradual recovery is reflected in the new numbers.

“To a large extent, the current GDP figure, which is an initial estimate, is based on data from the beginning of the quarter, that is October to November data,” said Yonie Fanning, chief strategist at Mizrahi-Tefahot Bank. “The level of local activity continued to recover in December, with the decline in rocket attacks raining on the country.”

“We will see this reflected significantly in the update of the local GDP figures, next month, as more data comes on,” Fanning added.

Posted by trailing wife 2024-02-20 11:10|| 2024-02-20 11:10|| Front Page Top

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