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Bloomberg Surveillance: Keys for Investors in 2024

Bloomberg Surveillance

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Proxy War in the Middle East: Houthis Threaten Shipping in the Red Sea

The chapter analyzes the proxy war in the Middle East, specifically focusing on the threats posed by the Houthis, an Iranian-backed group, to shipping in the red sea. It highlights the potential risk of escalation and discusses the economic and geopolitical implications. The chapter also mentions the US considering strikes on Houthi bases and the Biden administration's task force response.

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