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Economy
Houthi attacks on Israel-linked ships in Red Sea to raise prices of Far East imports
2023-12-20
[IsraelTimes] Beyond global trade, the decision to bypass the Suez Canal will also affect other countries in the region, and in particular hit Egypt’s struggling economy hard as the canal’s fees amount to $12 billion a year in revenue, according to Dr. Ronni Shaked from the Truman Institute at the Hebrew University of Jerusalem.

"It is a big economic problem, which requires the formation of an international coalition to protect the vital trade route and safeguard the international principle of freedom of navigation," said Shaked.

The United States, which has been reluctant to hit back militarily, is reportedly weighing options to strike back at Yemen
...an area of the Arabian Peninsula sometimes mistaken for a country. It is populated by more antagonistic tribes and factions than you can keep track of...
’s Iran's Houthi sock puppets
...a Zaidi Shia insurgent group operating in Yemen. They have also been referred to as the Believing Youth. Hussein Badreddin al-Houthi is said to be the spiritual leader of the group and most of the military leaders are his relatives. The legitimate Yemeni government has accused the them of having ties to the Iranian government. Honest they did. The group has managed to gain control over all of Saada Governorate and parts of Amran, Al Jawf and Hajjah Governorates. Its slogan is God is Great, Death to America™, Death to Israel, a curse on the Jews They like shooting off... ummm... missiles that they would have us believe they make at home in their basements. On the plus side, they did murder Ali Abdullah Saleh, which was the only way the country was ever going to be rid of him...
s. US National Security Adviser Jake Sullivan traveled to Abu Dhabi on Friday for a meeting with his Emirati counterpart Tahnoun bin Zayed, about the ongoing war in Gazoo
...Hellhole adjunct to Israel and Egypt's Sinai Peninsula, inhabited by Gazooks. The place was acquired in the wake of the 1967 War and then presented to Paleostinian control in 2006 by Ariel Sharon, who had entered his dotage. It is currently ruled with an iron fist by Hamas with about the living conditions you'd expect. It periodically attacks the Hated Zionist Entity whenever Iran needs a ruckus created or the hard boyz get bored, getting thumped by the IDF in return. The ruling turbans then wave the bloody shirt and holler loudly about oppression and disproportionate response...
 and the pair also touched on "countering threats from the Houthis to freedom of navigation in the Red Sea."
Posted by:trailing wife

#1  Houthi attacks on Israel-linked ships in Red Sea to raise prices of Far East imports

You mean it'll hurt China?

hit Egypt’s struggling economy hard as the canal’s fees amount to $12 billion a year in revenue

Why is the 1962 Yemeni civil war called Egypt's Vietnam?
Posted by: Grom the Reflective   2023-12-20 03:26  

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