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 Compounding the situation, the French Navy, a cornerstone of the coalition, has withdrawn support.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.
Economics
S & P Global: Decline in eurozone factory orders among sharpest on record in October
Key findings: HCOB Eurozone Manufacturing PMI at 43.1 (Sep: 43.4). 3-month low. HCOB Eurozone Manufacturing PMI Output Index at 43.1 (Sep: 43.1). Unchanged. October’s contraction in new orders among strongest ever recorded Read HERE
EU politics
Andrea Capussela – Kosovo: Visa liberalisation or fighting elite crime?
It appears the EU is set on continuing its policy of providing the Western EU with very cheap labour. Kosovo is economically similar to Romania and Bulgaria. Now the EU is planning to introduce visa […]
EU politics
BBC: Finland’s economy minister resigns after 10 days over Nazi references
The EU has become a breeding ground for Nazis as state leaders. Vilhelm Junnila, of the far-right Finns Party, quit amid a new furore over comments he made in parliament where he said a solution […]
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