In Latin America, deep-rooted inequalities and weak states have allowed a destabilizing narcotics economy to flourish.
Economy
To stimulate its lagging economy, Germany needs to diversify, innovate, and invest heavily in infrastructure and R&D.
Global warming is making the Northern Sea route a rapidly growing alternative to the Suez for Asia-Europe freight traffic.
Houthi attacks in the Red Sea are making it harder and more expensive to ship parts across the globe to support EV production in Europe.
Global supply chains have become more important for everyday life since the 1970s, so the impact of the Red Sea disruptions is now much bigger.
Ethiopia’s Gulf of Aden agreement with Somaliland escalates regional tensions and challenges international maritime law.
If the Houthis can force a prolonged diversion of global trade from the Red Sea, most countries will be hit by the economic impact.
Vietnam needs to improve its energy, training, and soft infrastructure for its economy to grow by at least 6% annually for the rest of this decade.
China’s central government will be forced to wean the country’s economy off its dependence on the real estate sector.
The rerouting of ships as a result of Houthi attacks in the Red Sea is causing shipment delays and increasing costs and carbon emissions.