“ـDC Velocity” magazine: The flow of global trade was not affected by the Houthi attacks
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The American economic magazine “DC Velocity” said that the flow of global trade was not affected by the attacks carried out by the Houthi militias in the Red Sea, which again belies the Biden administration’s narrative about the existence of a Yemeni threat to international trade movement.
On Friday, the magazine specializing in the field of supply chain information published a report in which it quoted Ben Hackett, founder of Hackett Associates, as saying, “The numbers show that global supply chains are adapting to the ongoing Houthi attacks in the Red Sea.”
He said, “The initial rise in shipping prices and delays are now beginning to subside.”
He added: “Despite the shipping disruptions caused by the Houthis in the Red Sea, global trade in consumer goods, industrial materials, and bulk goods continues to flow relatively smoothly,” as he put it.
He said, “Fear of the inflationary impact due to rising transportation costs must now be mitigated, as retailers and their carrier partners adapt to rerouting and new schedules, which add new but partially offset costs.”
This information contradicts the American narrative that says that Sanaa forces threaten the flow of international trade in the Red Sea.