The Global Economic Consequences of the Attacks on Red Sea
WEBJan 22, 2024 · The CSIS Scholl Chair in International Business and Middle East programs break down the geopolitical underpinnings of the ongoing Houthi attacks on commercial shipping lanes in the Red Sea and analyze their meaning for global trade.
How the Red Sea crisis could clobber the global economy
WEBJan 10, 2024 · London CNN — Attacks by Iran-backed militants in the Red Sea have effectively closed one of the world’s main trade routes to most container ships — vessels that carry everything from car parts...
The Red Sea: ‘A vital artery for the world economy’
WEBNov 13, 2020 · From the Suez Canal that links it to the Mediterranean, to the straits of the Bab al Mandab that connect it to the Indian Ocean, the Red Sea is a vital artery for the world economy. Upwards of 10% of seaborne cargo sails through its waters every year including the majority of Asian trade with Europe.
The global economy is expanding, but the Red Sea crisis could …
WEBJan 30, 2024 · The “clouds are beginning to part” for the global economy, the International Monetary Fund said Tuesday, but warned that continued attacks on container vessels in the Red Sea risked wreaking ...
Red Sea crisis: How global trade is being upended by attacks on ... - CNN
WEBFeb 8, 2024 · Attacks on container ships in the Red Sea have wreaked havoc on one of the world’s most important trade routes, increasing shipping costs and raising inflation fears. Here’s what you need to know.
Navigating troubled waters: The Red Sea shipping crisis and its …
WEBMay 16, 2024 · The Red Sea, a critical conduit for 30% of the world's container traffic, is currently facing a shipping crisis of unprecedented scale. The New Brief, first of a new series analyzing recent economic and social developments and special issues in Fragile, Conflict, and Violence (FCV) situations in the Middle East and …
WEBMay 9, 2024 · Red Sea Shipping Disruptions: Estimating Economic Effects. Attacks by the Yemen-based Ansar Allah (Houthi) movement in the Red Sea and Gulf of Aden since November 2023 have disrupted a critical maritime passage for global supply chains, creating bottlenecks at the Suez Canal and Bab al-Mandab Strait—one of the world’s most significant trade ...
The economic impact from the Red Sea tensions : NPR
WEBJan 16, 2024 · Attacks by Houthi rebels continue to disrupt shipping in the Red Sea. But so far the economic fallout has been relatively muted.
How the Red Sea shipping crisis risks driving up oil prices and ...
WEBDec 19, 2023 · A new crisis is brewing in one of the world’s trade arteries, threatening to snarl supply chains and push up oil prices and broader inflation at a time of slowing economic growth.
EU price rises ahead? Expert insight on economic impact of Red Sea ...
WEBJan 31, 2024 · The Red Sea crisis: A potential billion-euro loss for the EU. According to Dr M. Alshammari, the crisis is a direct "threat" to European-Asian trade, resulting in billions of dollars in costs.
- Some results have been removed