Today in Global Small Business: Houthi Attacks Have Upended Global Shipping

©iStock/PeterHermesFurian

What's affecting me, my clients, my colleagues and other global small business owners:

Hundreds of ships are avoiding the Suez Canal and sailing an extra 4,000 miles around Africa, burning fuel, inflating costs and adding 10 days of travel or more in each direction – all caused by Houthi attacks in the Red Sea shipping area.
Red Sea attacks: US again hits targets as global shipping reels.
Climate extremes are wreaking havoc on global shipping.
Quote of the week: "It is not the ship so much as the skillful [safe] sailing that assures the prosperous voyage.” – George William Curtis
How attacks on ships in the Red Sea by Yemen’s Houthi rebels are crimping global trade.
With more and more shipping companies extending full or partial closures of Red Sea shipping routes due to attacks by Yemeni rebels, global trade could be seriously affected; global shipping chokepoints.

from The Global Small Business Blog https://ift.tt/oIHSpyf

Related : Today in Global Small Business: Houthi Attacks Have Upended Global Shipping

Giving Students Real-World International Business Experience ©iStock/Tippapatt The Knauss School of Business course International Management Consulting was designed with one specific goal in mind: give students real-world ...
Globalization is Not Dead But It's Evolving ©iStock/Wirestock Get a glimpse of what NY Times columnist Thomas L. Friedman has to say in, "I Just Saw the Future. It Was Not in America." It would take ...
Many Are Questioning the Wisdom of Tariffs ©iStock/LunaKate A little late to the table here ... major figures in the investing world are questioning the wisdom of Trump's tariffs. Some say it is "a ...