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The channel should still be used, when it’s safe, as the savings are great. But knowing there’s a backup is enough assurance that the global economy won’t crash.
(Bloomberg) -- Most Read from BloombergVilified Zero-Day Options Blamed by Traders for S&P DeclineStocks Hold Onto Gains Amid Signs Economy Cooling: Markets WrapOnce Africa’s Richest Woman, Dos Santos Has $734 Million of Assets FrozenThe Hedge Fund Traders Dominating a Massive Bet on BondsCitigroup Is Exiting Distressed Debt Trading A year that started with smooth sailing for the global economy — vanishing supply snarls, slower inflation and fading pandemic gloom — is ending with another gatheri
In the face of Houthi attacks, rerouting, and calls for a 40-nation military alliance, the Suez Canal is a focal point of global tension.
“I’ve been doing this for almost 12 years and haven’t seen anything quite this drastic,” one expert said.
Readers react to the ABC’s decision to sack a radio presenter for her posts on the Gaza conflict.