U.S. Central Command (CENTCOM) announced on Sunday that American forces have conducted more than 800 airstrikes against the Iran-backed Houthi group since the resumption of military operations in mid-March. In a statement, CENTCOM reported that these strikes have resulted in the deaths of hundr...
On November 20, 2024, the International Monetary Fund (IMF) announced that ongoing tensions in the Red Sea have led to a staggering 70% drop in revenues from the Suez Canal, a vital source of foreign currency for Egypt. This statement followed the IMF's fourth review of Egypt's economic re...