Egypt is already losing millions due to Houthi Red Sea attacks

[Chaseyourdreamzz]

Egypt is losing around 250k per ship as the worlds largest shipping companies refuse to use the Red Sea route if this continues it might lead to serious financial and political ramifications for Egypt as the sues canal is one of the main revenue sources for the country

 

[Gaandheri]

Either way Israel is building a new canal that will bypass the Suez! Plus this will give Jordan more ports than the only one that they have currently.

 

[Internet Nomad]

Either way Israel is building a new canal that will bypass the Suez! Plus this will give Jordan more ports than the only one that they have currently.

Like I said in my other thread Shias are puppets of Israel.

They are controlled opposition that always makes the situation ripe for western interests.

Because of these useful idiots increased military presence and socotra turning into a military base is going to be a given.

National security aside they are fucking up our trade.

 

[Kizaru]

houthis are low iq when it comes to economics. This will only kill developing countries

 

[Chaseyourdreamzz]

houthis are low iq when it comes to economics. This will only kill developing countries

This will cripple Egypt if it continues economic hardships can lead to uprisings Arab spring part 2 might be on the way

 

[Emir of Zayla]

Egypt is losing around 250k per ship as the worlds largest shipping companies refuse to use the Red Sea route if this continues it might lead to serious financial and political ramifications for Egypt as the sues canal is one of the main revenue sources for the country

I didn’t know that it was this easy to f*ck up trade in the Red Sea

 

[mohammdov]

Even we will lose, not only Egypt

 

[New World]

How will this affect our ports' future development?