Page 17 - Ever Given News Today

MARK ALMOND:Unless its unblocked, the consequences could spell disaster for international economics - and for world peace.

Houthis have increased attacks against commercial ships in the area, and companies are suspending routes through the Suez Canal.

Maersk and other major shipping companies have resumed operations through the Suez Canal, bolstered by the deployment of a U.S.-led military operation for protection against Houthi rebel attacks.

Two senior commanders of US naval forces in the Middle East as well as an expert from JINSA argue the US must hit Houthi targets in Yemen to deter that group and other Iran-backed forces from widening the current conflict.

Maersk and other major shipping companies have resumed operations through the Suez Canal, bolstered by the deployment of a U.S.-led military operation for protection against Houthi rebel attacks.

Trade Routes: Houthi militants, in a show of support of Hamas in its war with Israel, are attacking merchant ships as they sail past Yemen en route to — or from — Egypt’s Suez Canal.

Economist warns Western fight against inflation faces a serious knockback as Iran-backed attacks set to send the cost of imports spiraling. 

With a handful of trading days remaining to 2023, the stock market is poised to end the year up a respectable 25% or more.

Hitting routes that handle almost 20% of trade, the issues are forcing vast detours by the global merchant fleet, driving up freight bills, and boosting the shares of shipping companies.

The giant ship sat off the coast of Georgia for over year.