By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Newsunplug KenyaNewsunplug KenyaNewsunplug Kenya
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Reading: Could Red Sea Attacks Push Up Prices And fuel inflation?
Share
Notification Show More
Font ResizerAa
Newsunplug KenyaNewsunplug Kenya
Font ResizerAa
  • News
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Newsunplug Kenya > Blog > Business > Could Red Sea Attacks Push Up Prices And fuel inflation?
Business

Could Red Sea Attacks Push Up Prices And fuel inflation?

hallanaija
Last updated: January 29, 2024 11:41 pm
hallanaija 1 year ago
Share
SHARE

Houthi rebels have attacked vessels transporting goods through Bab al-Mandeb strait that they say are linked to Israel.

Inflation was expected to ease in 2024 after more than 18 months of interest rate hikes by central banks. The most aggressive monetary tightening in decades.

But attacks by Houthi rebels in the Red Sea are threatening to push up the cost of living again.

Geopolitical tensions have disrupted global trade, sending shipping and insurance costs soaring.

A widening war in the oil-producing Middle East region could further worsen people’s finances.

Africa’s mounting debt is crippling the continent’s development.

Plus, we look at how sleep has turned into a multibillion-dollar business.

READ MORE  Safaricom Stops M-Pesa Transfers To Unregistered Users

You Might Also Like

Indonesia, Kenya push to strengthen bilateral ties

Guardian Expands Fleet with 30 New Matatus Worth KSh 132m Ahead of Busy Festive Season

Kenyan car buyers hit by 35pc import duty in EAC deal

Over 100,000 will gain from the new AGRA farming agreement.

The government begins a new phase of Diani Airport expansion.

Share This Article
Facebook Twitter Email Print
Previous Article South Africa’s ANC suspends former President Jacob Zuma
Next Article Cooking Together: 5-Course Meal For A Romantic Valentine’s Evening
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

We influence 20 million users and is the number one business and technology news network on the planet.

Recent Posts

  • Diddy trial: Cassie Ventura to testify as other witness goes ‘missing’
  • Europa League final: UEFA confirms referee for Man Utd vs Tottenham clash
  • Trump says would be ‘stupid’ to reject Qatari Air Force One gift
  • Lil Wayne’s girlfriend Denise Bidot accuses rapper of abuse
  • Thierry Henry chooses between Mbappé and Lamine Yamal: his preference is surprising!

Recent Comments

No comments to show.
Newsunplug KenyaNewsunplug Kenya
© Newsunplug Kenya. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?