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According to Bloomberg, the bankruptcy of Israel's Eilat port is attributed to the Yemeni resistance's blockade of ships attempting to aid Israel amid its ongoing genocide in Gaza.
Despite efforts by the U.S.-UK coalition to counter Yemen's blockade in the Red Sea, Eilat port remains largely out of service to this day.
#EndTheOccupation
#Gaza #WarCrimes #FreePalestine #IsraelApartheid #StopGenocideNow #CeaseFireNow #CeaseFireNowPermanently
#EndTheArmsTrade
@ridicol do you have a Bloomberg link? I can't find any direct links online for "Bloomberg Eilat port bankruptcy".
@evan maybe it refers to this article
America is losing the battle of the Red Sea - The Economic Times https://m.economictimes.com/small-biz/trade/exports/insights/america-is-losing-the-battle-of-the-red-sea/articleshow/113143739.cms
@evan there's another mention to a Bloomberg report in the MEE
https://www.middleeastmonitor.com/20240510-israels-economy-losses-16bn-due-to-gaza-war/
@ridicol yeah, I saw a few. I was looking for the original source. The articles that mention Bloomberg don't include a link.