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How a Yemeni rebel group is creating chaos in the global economy

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How a Yemeni rebel group is creating chaos in the global economy

Image caption: A screen grab captured from a video shows Yemen’s Houthi fighters’ takeover of the cargo ship Galaxy Leader in the Red Sea on November 20, 2023. Houthi Movement via Getty Images. Article by Joshua Keating. Vox – January 12, 2024.

Container ship captains who make the run between Europe and Asia are about to become reacquainted with the Cape of Good Hope, making a long swing around Africa in a route that has been largely obsolete since the opening of the Suez Canal more than 150 years ago. Since mid-November, Houthi rebels in the Middle Eastern country of Yemen have been attacking shipping in the Red Sea […]

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