800M

Egyptian President Abdel Fattah al-Sisi, in a bid to illuminate the economic ripples of regional tension, unveiled a worrying revelation on Monday. The Suez Canal, a crucial artery of global maritime trade, is hemorrhaging approximately $800 million every month. A staggering loss underscored by growing instability in the region. This shortfall not only poses a threat to Egypt’s economic engine but also raises a question: What are the far-reaching consequences of such financial hemorrhage on global…