Houthi attacks in the Red Sea are idling car factories and delaying new fashion. Will it get worse?
- Yemen's Houthi rebels are attacking cargo ships in the Red Sea, causing disruptions to global trade and forcing traffic away from the Suez Canal.
- The longer the war in Gaza continues, the greater the threat to Red Sea trade and the potential for a surge in goods inflation by up to 2%.
- The disruptions in shipping routes have led to delays, increased costs, and factory shutdowns, affecting industries such as automakers and car brands.
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Coverage Details
Total News Sources0
Leaning Left9Leaning Right1Center14Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 38%
C 58%
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