Inflation overboard

A spike in shipping costs won’t cause inflation to surge again. Here’s why

Economics | Not your pandemic shipping woes

Pirates aren’t just in movies. They’re alive on the high seas. Earlier this month, Houthi rebels from Yemen attacked multiple commercial ships in the strait of Bab al-Mandab between the Indian Ocean and the Suez Canal. These ships were supposedly bound for Israel, which the Houthis wanted to prevent. Still, the…