The Houthi-led government in Yemen announced that it had forced an Israel-bound ship to turn back as it was sailing through the Red Sea in violation of the warnings issued on Saturday
Zim (NYSE: ZIM), whose stock hit a new all-time low Monday, is the most visible of the Israeli shipping companies and the most closely connected with the government. The government of Israel has a “golden share” or “special state share” in the company that ensures the government’s access to Zim’s fleet “in a time of emergency or for national security purposes.”
The big question is what does Israel do during the hostile takeover of all its major companies when Palestinians use the windfall from hedging against the Israeli economy to buy controlling interests in Israeli companies whose shares plummet in value because Palestine’s allies are using topiary to keep that hedge in the shape of a giant keffiyeh?
You are underestimating the Yemenis. It is the Afghanistan of the Arab world. If the US gets involved there, it will make Iraq seem like a cake walk.
Just consider what they did with one tweet: https://twitter.com/army21ye/status/1728421437570998366
https://www.freightwaves.com/news/zim-container-ship-diverts-as-threat-to-israel-linked-vessels-mounts
The big question is what does Israel do during the hostile takeover of all its major companies when Palestinians use the windfall from hedging against the Israeli economy to buy controlling interests in Israeli companies whose shares plummet in value because Palestine’s allies are using topiary to keep that hedge in the shape of a giant keffiyeh?