U.S. Rallies Foreign Navies to Protect Suez Canal Trade

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 19 December 2023

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for Dec. 19. The Pentagon has unveiled a multinational naval force to safeguard merchant ships in the Red Sea after attacks by Yemeni rebels saw vessels diverted from the region. WSJ reporter Joe Wallace explains the potential global supply chain effects if the situation is not resolved quickly. Plus, Google pays up to resolve antitrust litigation related to its app store. And U.S. spy agencies accuse Russia of trying to weaken Democrats in last year’s midterm elections. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Cracken.
0:03.0	Crippo is like the financial system, but different.
0:06.0	He doesn't care where you come from,
0:08.0	what you look like, your credit score,
0:10.0	or your outrageous food delivery habits.
0:13.0	crypto is finance for everyone, everywhere, all the time.
0:17.0	Visit Krakon.com slash see what crypto can be.
0:21.0	To learn more, don't invest in as you're prepared to lose all the money
0:24.9	you invest. This is a high-risk investment and you should not expect to be protected if something
0:28.9	goes wrong. Google pays up to resolve antitrust litigation related to its app store.
0:39.4	Plus US spy agencies accuse Russia of trying to weaken Democrats in last year's midterm
0:45.3	elections and the Pentagon rallies foreign navies to protect global trade passing through
0:51.1	the Suez Canal.
0:52.1	A blockage in this part of the world can ripple through the goods market.
0:55.5	14, 1.4% of the car carrier fleet passes through the Suez Canal each month.
1:00.6	As another example of how messy this could get.
1:02.8	12% of seabor and 8% of gas all goes through the Red Sea.
1:06.8	It's Tuesday, December 19th.
1:08.9	I'm Luke Vargas for the Wall Street Journal,
1:10.9	and here is the AM edition of What's News, the top headlines and
1:14.9	business stories moving your world today.
1:19.2	Google Parent Alphabet has agreed to pay $700 million and make certain changes to its
	...

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