Economist Podcasts The Intelligence: Red (Sea) alert
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Dec 18, 2023 
Shashank Joshi, The Economist's defence editor, provides keen insights into the escalating conflict in Gaza and the resulting Houthi attacks on vessels in the Red Sea. He discusses how these developments could disrupt global trade, highlighting the Suez Canal's critical importance. The conversation also touches on alarming gaps in Holocaust awareness among young Americans, exacerbated by social media. Furthermore, the podcast explores the evolving role of museums as they embrace digital art and NFTs, reflecting on shifts in cultural perception.
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Suez Canal Importance
- The Suez Canal, a vital shipping route, connects the Red Sea and the Mediterranean.
- It handles 12% of global trade by volume and a third of the world's cargo ships.
1956 Suez Crisis
- In 1956, the Suez Canal was seized by Egypt's President Nasser, leading to conflict.
- Israel, Britain, and France's attempt to regain control marked the end of imperial influence for the European powers.
Red Sea Disruptions
- Houthi attacks in the Red Sea are disrupting global trade, forcing major shipping companies to suspend services.
- This is tied to the war in Gaza and raises concerns about potential global economic consequences.