Could Red Sea attacks push up prices and fuel inflation? | Counting the Cost
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- เผยแพร่เมื่อ 30 มิ.ย. 2024
- Inflation was expected to ease in 2024 after more than 18 months of interest rate hikes by central banks. The most aggressive monetary tightening in decades.
But attacks by Houthi rebels in the Red Sea are threatening to push up the cost of living again.
Geopolitical tensions have disrupted global trade, sending shipping and insurance costs soaring.
A widening war in the oil-producing Middle East region could further worsen people’s finances.
Africa's mounting debt is crippling the continent's development.
Plus, we look at how sleep has turned into a multibillion-dollar business.
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US should be blamed for the crisis we find ourselves in
Why? They didn't fire missiles at commercial shipping. Stop blame shifting.
"US should be blamed for the crisis we find ourselves in"
Because Americans wrapped a towel around their heads, slipped on some sandals and thought they matter? When it comes to global events it is simple, Know your place or get erased. To bad Yemen doesn't have educational system or this would have been taught.
they are backing a genocide. that's why. they are rightfully to blame. and so is Israel@@jonnyh9388
Sure, why not? Blame everything on the US.
@@briannat1086to be fair, the US have been behind every large war or conflict in the middle east for like 6 decades...
Not a word about the ongoing ģènociďe of the Palestinians which is what provoked the Yemenis to take action.
Nope, when people are unwanted it's a non issue for the world these days as we see
@@NamaGenesisyes. And skin colour preference is a big deciding factor also.. 👍
Sadly is Correct !!! .
They just needed attention. Why would they interfere in a war that isn't theirs
The countries that imposed war in different regions of the world, especially the United States, the UK, and Western Europe, are responsible for inflation. But the people of the world will suffer. Perhaps people will come to the streets against the governments in the whole world, farmers in Germany and France. are already on the streets.
You Are Absolutely CORRECT !!!
Yemen hauti right to defend itself
AGIANST WHO? THEY STARTED IT
By attacking commercial shipping? This is illogical.
so is genocide...@@jonnyh9388
Brain dead
@@jonnyh9388nonsenses!!!.
Price rises for Europe (Not the USA)
The Suez canal is a European route
USA has 3.3% growth in GDP
It is Europe that suffers : France is doing nothing, the EU does nothing
Everything is left to the USA
Yes, we do suffer greatly. If we were to believe the propaganda from the previous year, we would all be freezing in the winter without electricity😂
Europe is irrelevant outside of the UK. France is incapable of doing anything...
NONSENSES !!! . that what US plan , so why they veto cease fire in GAZA !!! .
Do you remember the TV ad out of Russia in 2022 about those in Europe eating their pet mouse during Christmas?
The root cause is known and the solution is simple and straightforward. Only politics and personal agendas are making it complicated......if the western politicians just show some morale backbone, all this would not be an issue
God bless Yemen houtis, Glory to Yemen houtis in jesus mighty name amen /////////////
"Inflation" is the dilution of the value of the currency. An increase in price IS NOT inflation. It is a consequence of inflation, but, as in this case, it can also occur from changes in supply or demand.
@@JMAK9012 Precisely... not inflation.
Instrad of military action we could just stop aiding the war crimes committed on civilians in Gaza.
All the clear eyed authorities seem to have missed that sanctions on Israel with unequivocal demands that they stop murdering Palestinians would find Yemen halt attacks on shipping. Those extra inflationary forces would be removed. Alongside the now extra expenditure that the West engages with in military misadventures against Yemen. Which are also, inflationary.
The expensive form of governments practiced by most African countries and corruption are two key factors fueling the cycles of debt crisis experienced by most countries in the continent.
We've enabled them to continue to lot our coffers
Prosperity guardian should be renamed Pisspoor guardian. What a joke. They should've focused instead on trying to end the conflict in Gaza, that would've calmed things down. But no..
America calls it "Liberation" instead of "Invasion". That was what US call it in Iraq, Afghanistan, Libya, Syria, Yemen, Somalia and the list goes on... Why the double standard? Confused... Please enlighten. Genuine question...
Instances of the United States "liberated" or overthrowing, or attempting to overthrow, a foreign government since the Second World War. (* indicates successful ouster of a government)
China 1949 to early 1960s
Albania 1949-53
East Germany 1950s
Iran 1953 *
Guatemala 1954 *
Costa Rica mid-1950s
Syria 1956-7
Egypt 1957
Indonesia 1957-8
British Guiana 1953-64 *
Iraq 1963 *
North Vietnam 1945-73
Cambodia 1955-70 *
Laos 1958 *, 1959 *, 1960 *
Ecuador 1960-63 *
Congo 1960 *
France 1965
Brazil 1962-64 *
Dominican Republic 1963 *
Cuba 1959 to present
Bolivia 1964 *
Indonesia 1965 *
Ghana 1966 *
Chile 1964-73 *
Greece 1967 *
Costa Rica 1970-71
Bolivia 1971 *
Australia 1973-75 *
Angola 1975, 1980s
Zaire 1975
Portugal 1974-76 *
Jamaica 1976-80 *
Seychelles 1979-81
Chad 1981-82 *
Grenada 1983 *
South Yemen 1982-84
Suriname 1982-84
Fiji 1987 *
Libya 1980s
Nicaragua 1981-90 *
Panama 1989 *
Bulgaria 1990 *
Albania 1991 *
Iraq 1991
Afghanistan 1980s *
Somalia 1993
Yugoslavia 1999-2000 *
Ecuador 2000 *
Afghanistan 2001 *
Venezuela 2002 *
Iraq 2003 *
Haiti 2004 *
Somalia 2007 to present
Honduras 2009 *
Libya 2011 *
Syria 2012
Ukraine 2014 *
2014 - 2022 - 9 countries yet to verify.
Pakistan 2022 *
Haiti 2022 *
Niger 2023
Absolutely yes.
Everyone is worried about red Sea!! You happy eat steak egg and chips, all is well while Gaza don't have anything. Shame on you
Arab countries will soon be moaning about this, and yet, apart from the Saudis, they are doing nothing to stop it.
Told these idiots this weeks ago... The Houthis work for the West
What is Saudi doing? Supporting israel to bypass the blockade through Trucknet?
Israel punishments from rebels should not be effecting the rest of us, this is a baseless claim
Luckily it doesn't. The Houthis only block israeli ships and countries bombing Yemen such as America and UK. The oil tanker was UK owned.
Protect Djibouti!!!!!!!!! The Red Sea !!!!!!!! Economy
Gotta love the houthis
the military pays well 100000 for carrier officers and 150000 a years for submarines officers. thats better than 90 percent of middle lcass jobs!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! and tax free!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1
America, step oil DOMESTIC oil/gas production.
why call them houthi? their name is ansarallah.
The cause nd foundation of the problem is Italy nd France Paris, America, Napolitano, Napoli, Taranto, Torino, Sardegna, Rome* :///-///////////
How many have to suffer for the idf to rescue their first hostage
the 3 hostages they saw they murdered remember?
shrinkflation is a waste of money ... i buy products becasue i need them ...the packaging i dont need more of thanks
Send the BILL to UN ! lol
Who cares at this point… pro humanity equality for all humans all nations with respect peace prosperity integrity for all.
No excuses
Arab countries will be soon moaning about this, but apart from the Saudis, no one is trying to stop it.
Houthinflation 😂
IRAN IS TO BLAMED! THIR HANDS ARE EVERYWHERE
change iRAN to USA
Both are to blame, their egos are too large
can anyone explain why Gaza border tunnels were in 2013 flooded with sewage by Morsi's Egypt ! ? (my source is al jazeera)
Free Palestine 🇵🇸 ❤❤❤
Yemen is about to be paved over and a Disney Land built. They stayed off of America's radar all this time and was safe. Now they poked the beast with a stick. Didn't hurt the beast but it will react.
Let's go Brandon! We are ready.
they survived 8 years famine..war and sanctions you underestimate them
What are you on about? Obama, Trump and now Genocide Joe have all bombed Yemen... the US backed Saudis have been bombing them since 2014...
@@Gralinedeasa Seems they are deleting my comments. Truth sucks.
@@ragingmonk6080 what beast?, you mean the US, the US doesnt dare attack Iran, they will lose lol. More like kitten.
All those who failed their people always blames the US 😂
Retake all the Mediterranean
Niile
Canals
Red seas
Persian GULF
Turkish routes to SOUTH sea CHINA too. Via space
Air
Lands
Ocean's
Canals
Routes etc to south sea CHINA too.. thanks heroes to SAVIOUR'S!
Classic Islam. Is it any wonder why no one in the world likes you?
@@jonnyh9388 deluded paedophiles NAZI'S NAZI'S diaper forces baby's KILLER occult to islamophobic radicalised led terrorism war CRIMINALS to DIAPERS or laughing SHEKELS of the world's
@@jonnyh9388 no one's like islamophobized lol. Fastest growing religion in the world's & one true GOD too.. thanks to filthy NAZI'S INFIDELS as usual spreading islamophobic & VIOLENCE as usual.
classics deluded paedophiles NAZI'S INFIDELS CHRISTIAN & DIAPERS forced az usual. No one's like thd filthy NAZI'S INFIDELS deluded western population & DIAPERS fake semitic instead & clown CIRCUS Marches on.
😂😂😂😂😂😂😂😂😂😂😂😂😂😂 endlessly VICTORIOUS ☪️☪️☪️☪️☪️☪️☪️☪️☪️☪️☪️☪️ dancing celebrate etc & laughing SHEKELS of the world's too or laughing stocks of the world's