Egypt’s economy hit hard by Houthis’ attacks on commercial vessels in the Red Sea
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The #US and the #UK hitting #Houthi targets in #Yemen is largely the result of a sense of panic taking place in commercial and business circles. The #Houthis have clearly identified that there is a choke point that they can squeeze even more to get their positions heard. And what is happening up north, is certainly alarming not only for shipping companies and their clients, but for #Egypt and those who invested on the #Suez Canal.
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