BBCNEWS Asia Business Report June 4, 2024 03:35:00
Region accounts for 15 of global trade. Is it unusual for two sovereign nations to launch these kinds of attacks to protect commercial interest . It is a bit unusual although not unprecedented. There are a number of choke points, particularly for shipping, where it makes a juicy target if you have either Terrorist Intentions or if you have intentions of Making Money Off of seizing ships. We have seen that in the past, and what i think is unusual this time is the intensity of the weaponry being used and the likelihood of escalation. There is a real threat and a real challenge. Looking at the As...