EUROPE — The UK economy has been hit hardest among its European peers by shipping disruptions in the Red Sea, an S&P Global PMI survey released this week shows. According to the findings, 12% of UK manufacturers report that delivery times have been affected due to Houthi rebel attacks on ships traversing the waterway, which have forced shipping companies to reroute vessels around the southern tip of Africa. Slightly fewer companies have been impacted in Greece (9%), France, and Germany (both 8%)... rt.com
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Thu Jun 05 2025 21:25:42 GMT+0000 (Coordinated Universal Time)
• European markets were higher as trading began on Monday as investors reviewed the geopolitical situation in the Middle East
• Russia's central bank on Friday raised its key interest rate by 200 basis points to 21 Percent
• Facebook parent company Meta has been fined €91m (£75m) by the Irish Data Protection Commission
• Telegram CEO, Pavel Durov involved in 12 alleged criminal violations, the Paris prosecutor’s office said Monday
• Jonathan Bloomer, Mike Lynch and four others missing after a luxury yacht sank in a storm off the coast of Sicily, Italy
• Three sailors have died and others have been injured after a Houthi missile attack on a ship
UK economy has been hit hardest among its European peers by shipping disruptions in the Red Sea
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Published (Updated) on Sunday, February 4, 2024
• European markets were higher as trading began on Monday as investors reviewed the geopolitical situation in the Middle East
• Russia's central bank on Friday raised its key interest rate by 200 basis points to 21 Percent
• Facebook parent company Meta has been fined €91m (£75m) by the Irish Data Protection Commission
• Telegram CEO, Pavel Durov involved in 12 alleged criminal violations, the Paris prosecutor’s office said Monday
• Jonathan Bloomer, Mike Lynch and four others missing after a luxury yacht sank in a storm off the coast of Sicily, Italy
• Three sailors have died and others have been injured after a Houthi missile attack on a ship
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