Page 14 - Jan Hoffmann News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The UN trade body sounded an alarm Thursday that global trade is being disrupted by attacks in the Red Sea, the war in Ukraine, and low water levels in the Panama Canal. Jan Hoffmann, a trade expert at the United Nations Conference on Trade and Development known as UNCTAD, warned that shipping costs have already surged and energy and food costs are being affected, raising inflation risks.

What you should know if you're about to fly on a Boeing Max 9

The United Nations Conference on Trade and Development says that freight levels have nearly halved since Iran-backed Houthi militants began attacking vessels in the Red Sea.

The U.N. trade body sounded an alarm Thursday that global trade is being disrupted by attacks in the Red Sea, the war in Ukraine, and low water levels in the…

The volume of mercantile traffic passing through the Red Sea has decreased by 42 percent in the last two months.