Western warships are shooting down Houthi threats, but the Iran-backed attacks are still screwing up global trade

Tech Insider : Economy
Cargo ships are seen at Israel's Haifa commercial shipping port in the Mediterranean Sea on December 13, 2023.

US Navy fights off barrage of 14 drones in Red Sea fired from Yemen as 'global trade problem' looms

Tech Insider
Coast of the Red Sea Gulf of Eilat in Israel
Coast of the Red Sea Gulf of Eilat in Israel

vblinov

2 gas tankers traveled across the Pacific but U-turned just short of the Panama Canal because low water levels have created a traffic jam

Tech Insider : Economy
Panama Canal
The Panama Canal.

Getty/Joe Readie

The US and China need to turn down the heat, says California governor Gavin Newsom: 'Divorce is not an option'

Tech Insider : Economy, Politics, Economy
Chinese President Xi Jinping shaking hands with Gavin Newsom, governor of the U.S. state of California
Gavin Newsom, governor of the US state of California, met Chinese President Xi Jinping on October 25.

Huang Jingwen/Xinhua via Getty Images

Russian ruble sinks to level that previously triggered emergency measures from Moscow

Tech Insider : Economy
russia ruble banknote
REUTERS/Ilya Naymushin

An employee counts Russian ruble banknotes at a private company's office in Krasnoyarsk, Siberia, December 17, 2014

Russia is using China's yuan to settle 25% of its trade with the rest of the world, report says

Tech Insider
Russian President Vladimir Putin and Chinese President Xi Jinping attend a reception at the Kremlin in Moscow, Russia March 21, 2023.
Vladimir Putin and Xi Jinping attending a reception at the Kremlin in March.

Sputnik/Pavel Byrkin/Kremlin via REUTERS

Trade ties between China and the EU are 'at a crossroads' over Russia's war in Ukraine, senior official warns

Tech Insider : Economy
FILE PHOTO: European Commission Vice President Valdis Dombrovskis takes part in a news conference on the capital markets at the EU Commission headquarters in Brussels, Belgium, March 8, 2018. REUTERS/Yves Herman
FILE PHOTO: European Commission Vice President Valdis Dombrovskis takes part in a news conference on the capital markets in Brussels

Thomson Reuters

American companies are losing their faith in China, survey finds

Tech Insider : Business, Politics
Joe Biden and Xi Jinping facing off in front of computer chip 4x3
The world's second-largest economy is facing a slew of issues.

Saul Loeb/Getty Images; Rachel Mendelson/Insider

Russia 'seems to be rejoining the world trade,' after its 3 largest container ports neared their highest level of activity since the Ukraine war: think tank

Tech Insider : Economy, Economy
A view shows shipping containers at a commercial port in Vladivostok.
Vladivostok is a major container port in Russia.

Tatiana Meel/Getty Images

China is importing more from Russia than ever before, with trade between the 2 countries surging since Putin invaded Ukraine

Tech Insider : Economy, Economy
Russia Vladimir Putin China Xi Jinping
Xi Jinping and Vladimir Putin in March.

Xie Huanchi/Getty Images

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