Could attacks in the Red Sea raise prices and fuel inflation? | Business and economy

Inflation is expected to slow in 2024 after more than 18 months of interest rate hikes by central banks. The most aggressive monetary tightening in decades.

But attacks by Houthi rebels in the Red Sea threaten to drive up the cost of living again.

Geopolitical tensions have disrupted global trade, sending transportation and insurance costs soaring.

A war that spreads to the oil-rich region of the Middle East could further worsen the financial situation of the population.

Africa’s growing debt is crippling the continent’s development.

Plus, we look at how sleep became a multi-billion dollar business.