Trade

Houthi Attacks Cause 22% Drop in Red Sea Traffic

The EU's Trade Commissioner reported on Tuesday that maritime traffic along the Red Sea shipping route has decreased by 22 percent within a month, attributing the decline to attacks on international vessels carried out by Yemen's Houthis. Maritime traffic through the Red Sea shipping route has fallen by 22 percent in a month due to attacks on ...

Macron Hosts Xi for Talks on Trade and Ukraine

French President Emmanuel Macron on Tuesday hosted Chinese leader Xi Jinping for a high altitude lunch at a childhood haunt in the Pyrenees mountains. Macron pressed a message to Beijing not to support Russia's war against Ukraine and to accept fairer trade. The first day of Xi's state visit to France, his first to Europe since 2019, saw ...