Major shippers have stopped using the vital maritime route due to ongoing Houthi attacks Freight through the Suez Canal has plummeted by 45% in the two months since Houthi rebel attacks on vessels in the Red Sea forced shipping companies to divert shipments, sending shockwaves through global supply chains, the UN Conference on Trade and…
Over 100 Russians – mostly civilians – were exchanged in return for Ukrainian female soldiers, the Russian Defense Ministry has said A total of 110 Russians have returned home from Ukraine as part of a major prisoner exchange with Kiev, the Russian Defense Ministry said on Monday. The group included 72 civilian sailors who had…
Washington has introduced a slew of export curbs aimed at stalling advances in China’s semiconductor industry since last year Chinese companies are continuing to buy US chip-making equipment using gaps in Washington’s export controls, Reuters reported on Tuesday, citing the US-China Economic and Security Review Commission (USCC).