The big news from the weekend is that President Trump announced attacks by the United States military on the Houthis, a group of America-hating, Jew-hating, anti-Israel, anti-American, near-Satanic terrorists in Yemen, who have been at war with the Saudi government for a very long time.
The Biden administration pushed the Saudis to give up their war with the Houthis on “humanitarian grounds.”
After October 7, 2023, the result was that the Houthis decided to target Israel with missile strikes and to target shipping in the Red Sea, a major artery for international shipping and trade. The Houthis are almost entirely funded and staffed by the Iranian military, which has propped up the Houthis for years.
How much has international shipping been affected by the Houthi attacks? Global consumer goods inflation increased by approximately 0.6% to 0.7% in 2024 alone, due to higher shipping…
