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RED

International Monetary Fund Managing Director Kristalina Georgieva (right) speaks during the World Governments Summit in Dubai on Monday.
BUSINESS / Economy
Feb 13, 2024
IMF and World Bank warn Gaza and Red Sea chaos imperils global economy
The Israel-Hamas war and its knock-on effects could impact the world the longer the fighting drags on, IMF chief Kristalina Georgieva said.
Yemeni security forces stand guard upon the arrival of the United Nations' special envoy for Yemen ahead of a meeting with local officials in the city of Taez on Monday.
WORLD / Politics
Feb 13, 2024
Red Sea crisis puts Yemen peace process on hold
As recently as December, painstaking negotiations were gaining ground.
Red Bull team principal Christian Horner ahead of a practice session for the Las Vegas Grand Prix in November
MORE SPORTS
Feb 7, 2024
Red Bull's Christian Horner has Friday hearing over complaint against him
The BBC said it understood the complaint is related to "inappropriate behavior of a controlling nature."
Indian commandos stand guard with a group of detained pirates after the Indian Navy freed an Iranian fishing vessel hijacked by Somali pirates on Tuesday.
WORLD
Feb 4, 2024
As navies focus on Red Sea Houthis, Somali pirates may rebound
Attacks off the coast of Somalia peaked around 200 incidents a year from 2009 through 2011 — there have already been three in 2024
F1 veteran Alan Permane has taken the role of racing director for the Visa Cash App RB team with immediate effect.
MORE SPORTS / Auto Racing
Jan 30, 2024
Goss and Permane join Red Bull's renamed RB team
Goss will join in October as chief technical officer while F1 veteran Permane takes the role of racing director with immediate effect.
The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released Nov. 20.
ASIA PACIFIC / Politics
Jan 28, 2024
U.S.-China talks fall short in nudging Beijing toward Red Sea breakthrough
Top officials wrapped up two days of meetings on managing the rivals' relationship, but saw little progress on addressing the crisis in the waterway.
People supporting Houthi rebels carry a mock missile as they protest during a rally against the U.S.-led strikes on Houthi targets and continued Israeli strikes in the Gaza Strip, in Sana'a, Yemen, on Friday.
WORLD / Politics
Jan 27, 2024
Yemen's Houthis escalate Red Sea attacks, hitting Trafigura fuel tanker
The firm said a missile struck the fuel tanker Marlin Luanda, which was carrying Russian naphtha, sparking a fire on board.
Iranian sources said Beijing had made it clear it would be very disappointed with Tehran if any vessels linked to China were hit, or the country's interests were affected in any way.
ASIA PACIFIC / Politics
Jan 26, 2024
China presses Iran to rein in Houthi attacks in Red Sea, sources say
But amid regional alliances and priorities, it is uncertain whether Tehran will take action following the discussions with Beijing.
Fighters loyal to the Houthis ride on the back of a pick-up truck during a military parade for new tribal recruits amid escalating tensions with the U.S.-led coalition in the Red Sea, in Bani Hushaish, Yemen on Monday.
BUSINESS / Markets
Jan 24, 2024
Red Sea attacks could disrupt shipping for months, driving up costs
With sailors demanding double pay and insurance rates skyrocketing, shipping lines are steering clear of a waterway that normally carries 12% of seaborne trade.
A crane moves containers in Montreal on Jan. 17.
BUSINESS / Companies
Jan 23, 2024
Chaos in the Red Sea is starting to bite into companies’ profits
With the Red Sea crisis roiling shipments, it’s only a matter of time before soaring costs and supply-chain strains show up in companies’ earnings reports.
Royal Air Force Typhoon aircraft have conducted precision strike operations against Houthi military targets in response to further attacks on shipping in the Red Sea.
WORLD / Politics
Jan 23, 2024
U.S., U.K. airstrikes hit more Houthi targets in fresh escalation
The airstrikes were the most significant in a series of attacks since the first wave of missile and Tomahawk launches by the U.S. and the U.K. in the early hours of Jan. 12.
The rupture of one of the world's busiest shipping routes has exposed the vulnerability of China's export-reliant economy to supply snarls and external demand shocks.
BUSINESS / Companies
Jan 22, 2024
Red Sea crisis pressures China's exporters as shipping delays mount
Further Red Sea disruptions would pile pressure on a struggling economy already contending with a property crisis and weak consumer demand.
"Prepare your coffins," a banner warns Iran's adversaries in Tehran, on Jan. 16. After hitting targets in neighboring Pakistan, Iraq and Syria with missiles, Iran has played up not only its military capabilities but its determination to strike enemies at will.
WORLD / Politics
Jan 21, 2024
Attacks in Syria and Iraq ratchet tensions in a region on edge
Some of the attacks had no apparent connection to Gaza but taken together, they underlined how easy a broader conflict could arise.
A ship transits the Suez Canal toward the Red Sea on Jan. 10. Insurance costs for ships whose seafarers who do brave the waterway have shot up tenfold, including a large increase since the airstrikes.
WORLD / Politics
Jan 19, 2024
Airstrikes on Yemen bring new level of chaos to Red Sea shipping
After U.S. and U.K. airstrikes on Houthi targets in Yemen, Western navies caution ships to steer clear.
Houthi fighters and tribal supporters hold up firearms during a protest against recent U.S.-led strikes on Houthi targets, near Sanaa, Yemen, on Sunday.
WORLD / Politics
Jan 18, 2024
U.S. lists Houthis as terrorists as group attacks second U.S. ship
The Houthis say they are acting in solidarity with Palestinians and have threatened to expand attacks to include U.S. ships in response to strikes on their positions.
Houthi supporters rally to denounce air strikes launched by the U.S. and Britain, in Sanaa, Yemen on Jan. 12.
WORLD / Politics
Jan 17, 2024
U.S. strikes Houthi missiles as Greek vessel hit in Red Sea
Attacks by the Iran-allied militia on ships in the region since November have affected companies and alarmed major powers.
A container ship crosses the Gulf of Suez toward the Red Sea before entering the Suez Canal east of Cairo. Vessels have been pausing or diverting from the Red Sea amid the escalating conflict in the region.
WORLD
Jan 16, 2024
Yemen's Houthis threaten to hit U.S. ships as more tankers steer clear
The Iran-allied militant group said British and American vessels had become "legitimate targets" following last week's strikes on its sites by both countries.
A satellite picture shows the aftermath of an airstrike on a radar site near Sanaa International Airport in Yemen on Friday.
WORLD
Jan 13, 2024
U.S. launches fresh Yemen strike a day after broader attack
Unlike the previous operation, in which the U.K. took part with support from several other nations, this one was conducted solely by the U.S.
Supporters of the Houthi movement hold a rally to denounce air strikes launched by the U.S. and the U.K. on Houthi targets, in Sanaa, Yemen, on Friday.
WORLD
Jan 13, 2024
The regional war no one wanted is here. How wide will it get?
Following the U.S.-led strikes on nearly 30 sites in Yemen on Thursday, there is no longer a question of whether there will be a regional conflict. It has already begun.
A Royal Air Force Typhoon aircraft takes off to join the U.S.-led coalition to conduct airstrikes against military targets in Yemen on Friday.
WORLD
Jan 12, 2024
U.S. and U.K. airstrikes pound Yemen as Mideast conflict spreads
Houthi rebels have carried out a growing number of attacks on what they deem to be Israel-linked shipping in the Red Sea.

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