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Houthi attacks on commercial vessels in the Red Sea caused 42% fewer ships to travel through the Suez Canal this January than at the peak in the first half of last year, a UN trade body said on Thursday, warning that the full impact has yet to be felt by consumers. The disruption on the route that connects the Red Sea and the Mediterranean has caused spot container prices from Shanghai to Europe to rise by an average of 256% between the beginning of December and the end of January, the UN Confer

Indonesia, India and South Africa are major holdouts in renewing a digital trade tariff moratorium that has been continuously renewed since 1998.

THE world has many issues to worry about but geopolitics remains the top concern because of its devastating effect on the global economy.

Kenya's Treasury expects interest payments in current financial year to hit Sh918 bn.

THE United Nations Conference on Trade and Development (Unctad) warned that escalating attacks on ships in the Red Sea are adding strain to shipping routes already hit by conflict and climate change.