WASHINGTON, May 9 -- The Congressional Research Service issued the following In Focus white paper (No. IF12657) on May 8, 2024, by Andres B. Schwarzenberg, international trade and finance specialist.

Here are excerpts:

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Red Sea Shipping Disruptions: Estimating Economic Effects

Attacks by the Yemen-based Ansar Allah (Houthi) movement in the Red Sea and Gulf of Aden since November 2023 have disrupted a critical maritime passage for global s . . .

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