Red Sea warning: crisis widens, businesses sink

Red Sea warning: crisis widens, businesses sink

The Red Sea crisis is widening. It will not end anytime soon and is beginning to sink Italian exporting companies. Danish shipping giant Maersk says Asia-Europe shipping capacity could drop by as much as 20% and announces cost increases. Today virtually all shipping companies avoid the Suez Canal, with the Houthis going so far as…

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