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    HomeNewsOpinionThe Red Sea crisis will hurt the global economy if it continues much longer

    The Red Sea crisis will hurt the global economy if it continues much longer

    World trade is adjusting to the Red Sea crisis by taking other even if longer routes. While business continues, there’s a cost both in terms of profits foregone as costs increase and higher transit times

    Vivek Y Kelkar
    March 22, 2024 / 10:05 IST
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