Expert Analysis: Houthis Wreak Havoc on The Global Economy Exposing the West’s Moral Bankruptcy.
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The current conflict in the Red Sea has escalated significantly and poses a major threat to global trade, particularly shipping operations. The conflict is primarily driven by Houthi rebels from Yemen, who have been attacking container ships in the Red Sea since November 2023. These attacks are near the critical Bab al-Mandab strait, a key waterway through which a significant portion of global container ship traffic passes daily. These attacks have resulted in disruption to maritime trade, causing delays and increasing cargo costs.
Furthermore, the escalating conflict has led to a decline in global trade, as companies struggle to navigate through the Red Sea safely. In response, naval forces from multiple nations have been deployed to protect shipping lanes and ensure the safety of vessels passing through the Red Sea.
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About David:
Dr. Oualaalou served a fifteen-year career in the United States Armed Forces in support of the US government’s security agencies in Washington DC and around the world. His primary roles include security policy, intelligence analysis, security operations advice including leadership and managerial operations. He advised high-profile U.S. military and civilian officials on security issues, economic trends, and foreign military threat information. He has written many articles and books including his latest, The Dynamics of Russia’s Geopolitics: Remaking the Global Order.
About Elizabeth:
Elizabeth graduated with a degree in Global Business. She visited corporations in China, India and South Korea among others. Elizabeth is a successful entrepreneur and business consultant. She has visited many countries on four continents including: Asia, North America, South America and Europe. She speaks different languages, her passion is exploring ancient cultures.
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