Macroeconomics

There are currently no signs of any truly viable solutions to the conflict in the Middle East, which, unfortunately, means that fighting will continue to smoulder. This also means that the Houthi rebels’ attacks on international shipping in the Red Sea are also unlikely to come to an end in the short term. Even if an international military alliance is now endeavouring to restore the safety of shipping in the Red Sea, we know a 100% restoration will be possible for now.

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