Most disruptions of trade came after the formation of Operation Prosperity Guardian, and in particular right after the US started bombing Yemen on January 12th. Disruptions were minimal previously.

www.imf.org

cross-posted to:
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Most disruptions of trade came after the formation of Operation Prosperity Guardian, and in particular right after the US started bombing Yemen on January 12th. Disruptions were minimal previously.

www.imf.org

☆ Yσɠƚԋσʂ ☆@lemmy.ml to

news@hexbear.netEnglish · 8 months ago

cross-posted to:
[email protected]

Red Sea Attacks Disrupt Global Trade

www.imf.org

In the first two months of 2024, Suez Canal trade dropped by 50 percent from a year earlier while trade through the Panama Canal fell by 32 percent, disrupting supply chains and distorting key macroeconomic indicators

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