shared a link post in group #The Most Important Thing
Are we at the end of free navigation on the seas and will need military led convoys to protect shipping? What impact would this have on shipping cost, inflation, disruptions in supply chains, and in general on viability of outsourcing manufacturing?
Obviously this is just one event and will probably be resolved, but latest trend indicates that we will see more and more armed conflicts and disruptions in supply chains 🤔
www.cbc.ca
Pentagon says U.S., Canada and others to patrol Red Sea amid attacks on commercial ships | CBC News
The U.S., Canada and a host of other nations are creating a new force to protect ships transiting the Red Sea that have come under attack by drones and ballistic missiles fired from Houthi-controlled