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Israel wants to send troops to Rafah, Egypt isn’t happy
The US has reportedly urged Egypt to refrain from calling back its ambassador from Israel
Houthi strike on tanker carrying Russian fuel puts further pressure on the Egyptian economy
Suez Canal revenues fell 44% y-o-y in January
US, UK mull intensifying attacks on Houthis
Egypt has so far lost some USD 150 mn in Suez Canal revenue due to ongoing Red Sea disruptions
IMF officials are in town for loan discussions. PLUS: Moody’s downgrades our credit outlook
Currency weakness means that even IMF support may be “insufficient” to stave off Egypt’s growing debt burden, Moody’s says
Red Sea disruption pressures on the Suez Canal are getting the attention of the foreign press
Egypt’s Suez Canal woes have caught the attention of the int’l press: Houthiattacks on merchant shipping over the last two…
US, UK launch strikes in Yemen + Suez Canal revenues down 40%
The US and UK attacked a total of 60 targets in 28 locations, including military bases across Yemen
Chinese shipping giant Cosco suspends all shipping to Israel amid Houthi attacks
Cosco is the fourth largest shipping company in the world
Maersk once again pauses Red Sea traffic after another Houthi attack
US navy helicopters stepped in to retaliate, sinking three Houthi vessels and killing 10 militants
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