This $3.4 Billion Suez Crisis Looked avoidable

Weeks of backroom talks have only led to an increasingly bitter feud.

BING NEWS:
  • Egypt Demands $1 Billion Compensation To Release Ever Given Ship Following Suez Canal Blockage
    The canal chief said last week the Suez Canal Authority was expecting more than $1 billion ... Last week, salvage teams freed the Ever Given, ending a crisis that had clogged one of the world’s most ...
    04/11/2021 - 6:45 pm | View Link
  • Egypt could seek up to $1 billion in compensation for helping the Ever Given out of the Suez Canal
    The amount would cover the costs of efforts to free the ship, the head of the Suez Canal Authority said. He added that the compensation is "the right of the country," and "it should get its due." ...
    04/1/2021 - 5:44 pm | View Link
  • Egypt expects $1 billion in damages over stuck ship in Suez
    CAIRO — Egypt is expecting more than $1 billion in compensation after a cargo ship blocked the Suez Canal for nearly a week, according to the top canal official. He also warned the ship and its cargo ...
    04/1/2021 - 6:29 am | View Link
  • The Freeing of the Ever Given
    The stuck container ship became the butt of online jokes, but it was no minor crisis. Credit...Sima Diab for The New York ... Before long, some 350 freighters blocked from traversing the Suez Canal ...
    03/31/2021 - 10:00 pm | View Link
  • The Dumbest Financial Story of 2021
    And the Suez Canal shipping saga makes immediate sense ... very rich, but the bulk of the problem appears to be that some giant banks looked at his all-world résumé of financial wrongdoing ...
    03/30/2021 - 9:27 am | View Link
  • More

 

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