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Shipping Insurance Rates Soar as Red Sea Crisis Bites

AFP — Attacks on commercial ships in the Red Sea by Yemen’s Houthi rebels have sent insurance premiums soaring, exacerbating costs already rising due to higher freight costs and the extension of alternative trade routes. Since November, the Houthis have carried out relentless attacks on ships transiting the Red Sea, a maritime hub through which […]

What is Red Bull cooking with the RB20?

When Red Bull unveiled the RB20 last week, the successor to last season’s RB19, many questions arose. Mainly, what were they cooking with the side pods? After all, the RB20 rides on some pretty big tires. The RB19 is one of the most dominant cars in F1 history as the team won all but one […]

2024 F1 season previews: Can anything, or anyone, stop Red Bull?

2022 was a dominant season in F1 for Red Bull. They won their first constructors’ championship since 2013, breaking Mercedes’ eight-year streak. Max Verstappen won his second consecutive drivers’ title thanks to 15 wins. Teammate Sergio Perez finished third in the drivers’ championship with two wins and seven points of the season. Just when you […]

Atlanta bans right turns on red at certain intersections

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Canada Asks China to ‘Influence the Houthis to Keep the Red Sea Open’

Canadian Foreign Minister Melanie Joly said on Sunday that she had asked Chinese Foreign Minister Wang Yi to “work together to influence the Houthis to keep the Red Sea open.” Joly said she met with Wang on Saturday and tried to convince him that keeping Red Sea shipping lanes safe was “in China’s interest as […]