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All Crew Muslim': ships look to dodge Red Sea attacks with messages Commercial ships still sailing through the Red Sea are broadcasting messages about their nationality and even religion on their public tracking systems to avoid being targeted by Yemen's Houthis after deadly attacks this week by the militia. EU to push for deal with U.S,
For example, when the conflict started to move outside of Gaza and into the Middle East, Yemen attacked ships in the Red Sea. Then, everything else becomes inventory. If it’s not easy to do business in China, companies will shift to Vietnam, India, or other countries that are easier to do business with. Life finds a way.’
He also noted that many companies have a strong focus on globalization, as countries like Yemen, Mynamar, Cote D’Ivoire, and Mongolia have 7-8% growth rates. India and China are both growing at rates of 6-7% as well. Textiles in India is going up – but geopolitical risks are still very high in all of these regions.
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