In a dramatic turn of events, Operation Prosperity Guardian, the pivotal US-led mission to secure vital merchant shipping lanes through the Red Sea, is facing another critical setback. gCaptain’s recent reports highlight a troubling trend: a glaring absence of key allies, notably including AUKUS member Australia, in this international initiative. Compounding the situation, the French Navy, a cornerstone of the coalition, has withdrawn support. This decisive move comes as US leadership faces mounting criticism among US shipowners for leaving American sailors dangerously exposed within range of Houthi forces, without adequate protection.
Austerity
Thomas Fazi: Mario Draghi is running away from the mess he created
The technocrat prime minister’s resignation is hard to stomach Read Here
Economics
Bloomberg: Thomas Piketty Is Back With a 1,200-Page Guide to Abolishing Billionaires
“In this book I will try to convince the reader that the lessons of history can be leaned upon to define a more demanding norm of justice and equality.” Read here
Economics
Ms Merkel’s Breathtaking Economic V-Recovery – Corona crisis has hit the German restaurant industry hard: turnover in March to August 2020 was down 40.5% from the same period a year earlier
The number of persons employed dropped by 17.6% in March to August 2020 from the same period a year earlier Bars and pubs are substantially affected: turnover decreased by 45.5% over the same period, the […]
Be the first to comment