See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Suez Canal revenue cut by 40-50% due to Huthi attacks: Egyptian president Sisi

Posted on AllSides February 19th, 2024
From The Center

Egyptian President Abdel Fattah al-Sisi said Monday that revenues from the Suez Canal had "decreased by 40 to 50 percent" so far this year due to attacks on shipping by Yemen's Huthi rebels. The Huthi attacks, which the group says are targeted at vessels with links to Israel in solidarity with the Palestinians in the war-torn Gaza Strip.(Bloomberg) The canal is one of Egypt's main sources of foreign currency, with Cairo gripped by a severe financial crisis. The Huthi attacks, which the group says are targeted at vessels with links...

Read full story

Hindustan Times

AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
You disagree.
Thank you! Community votes alone don't determine our ratings, but are valuable feedback and can prompt us to do more research.
127514/95123
See full bias rating for Hindustan Times
Learn about media bias
https://hindustantimes.com/world-news/suez-canal-revenue-cut-by-40-50-due-to-huthi-attacks-egyptian-president-sisi-101708352467096.html

More News about General News from the Left, Center and Right

From the Left

From the Center

From the Right