Container shipping through the Red Sea has dropped by nearly one-third this year as attacks by Yemen's Houthi rebels continue

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Published (Updated) on Wednesday, January 31, 2024

MIDDLE EAST — Container shipping through the Red Sea has dropped by nearly one-third this year as attacks by Yemen's Houthi rebels continue, the International Monetary Fund said Wednesday. "Container shipping ... has declined by almost 30%," said Jihad Azour, director of the IMF's Middle East and Central Asia department, adding that "the drop in trade accelerated in the beginning of this year."... voanews.com

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