Abstract: The impact on global growth of the Middle East violence has so far been contained. That’s not the case for Egypt, Lebanon and Jordan, which were already struggling.
Lead Paragraph:
In the Red Sea, attacks by Iranian-backed Houthi militants on commercial ships continue to disrupt a crucial trade route and raise shipping costs. The threat of escalation there and around flash points in Lebanon, Iraq, Syria, Yemen and now Iran and Pakistan ratchets up every day.
Source: The New York Times
Category: Business
Sub Category: Economy
2024-01-21T13:43:25+0000
By Patricia Cohen