The Egyptian economy is now in dire straits after a loss of $7 billion in the past year. Â Local reasons have to the with the Israel massacre of Palestinians and the Houthis blockage of supplies to Egypt.
Because of this, many ships are being re-routed. What the article does not say is how these events impact WORLD trade. What BRICS alternative canals or silk road initiatives can take its place?
Read in Middle East Eye
