Shipping through the Red Sea and the Suez Canal has come to a standstill due to actions by the Houthi rebels from Yemen. This ‘sea highway’ is crucial for trade between Asia – India, China and Singapore – and Europe. 40 percent of the world’s container traffic and 12 percent of total world trade passes through there. What is going on? And what are the consequences for us? And what is being done about it?
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What’s going on in the Red Sea? And will our Christmas presents arrive on time?
