Beyond the Houthis’ attacks on shipping: The absurdity of the India-Middle East Corridor
Will the India-Middle East Corridor (IMEC) replace a large chunk of the Suez Canal traffic to Europe? Nope! At most, a few crumbs. Dry canals cannot compete with ‘wet’ canals! And that is why there is no truly dry canal in the world. The heaviest rail traffic in the world goes from the American ports …
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