JD Vance says the Suez Canal only matters for European trade. He is both correct and mistaken at the same time, a top strategist says
The vice president’s comments came to light when Jeffrey Goldberg, the editor-in-chief of The Atlantic, revealed Monday that ...
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Suez Canal Authority says it can handle challenges, major lines to resume transit after stability
The SCA also reaffirmed its commitment to maintaining strategic partnerships with its clients, stating that it remains ...
Signal Leak Bared U.S. Aims in Yemen. But Defeating Houthis Won’t Be Easy.
U.S. officials seek to curb the militants’ attacks on ships in the Red Sea, but the group was not deterred by strikes in the ...
Houthi attacks force US ships to detour around Africa, costing millions
The Houthis say they have targeted ships in the Red Sea in solidarity with Palestinians since the start of Israel’s Gaza war.
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Suez Canal Losses Surge Amid Red Sea Tensions
Egypt's President Abdel Fattah al-Sisi revealed that the Suez Canal faces monthly losses of $800 million due to regional ...
Houthi attacks in Yemen force ships to make costly detour around Africa: US
WASHINGTON – Attacks by Houthi rebels in Yemen have forced three-quarters of US-flagged ships to avoid the Red Sea and ...
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Egypt Suez Canal monthly revenue losses at around $800 million, Sisi says
disrupting global shipping by forcing vessels to avoid the nearby Suez Canal and reroute trade around Africa, raising shipping costs. Sign up here. The Egyptian presidency statement did not ...
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How Greek Shipping Magnate Aristotle Onassis Became the Richest Man in the World
Aristotle Onassis wealth was acquired in a variety of ways but it was the Suez Canal deal that made him the richest man in ...
Egypt's GDP growth at 4.3% in second quarter vs 2.3% a year earlier
Egypt's GDP growth rate increased to 4.3% in Q2 of its 2024/25 year compared with 2.3% in the same quarter a year earlier, ...