Panama and Suez canals are critical corridors underpinning global trade. Weather and Wars are clogging them with wider ramifications to inflation and price stability.
Mint has highlighted this Insight as a Top Pick
Boomeranged on Fri, 12 Jan 2024 23:35
Conflicts are intensifying in the Red Sea. US and UK launched about 70 airstrikes on Houthi targets in Yemen. Houthis vows to respond and asserts that a counter attack is imminent.
SCFI jumped another 16.3%. This is in addition to a spike of 114% in the past month.
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