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Live Trading News > Blog > Politics > America > The U.S. and U.K. Bomb Yemen
America

The U.S. and U.K. Bomb Yemen

Shayne Heffernan Ph.D.
Last updated: January 11, 2024 9:37 pm
Shayne Heffernan Ph.D.
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In a significant development in Yemen that underscores the ongoing role of the military-industrial complex, the United States and the United Kingdom reportedly launched attacks on Yemen, targeting the cities of Sanaa and Hodeidah. Although Washington and London have yet to make official announcements, multiple sources from both countries indicated that an attack was imminent, citing anonymous insiders within governmental circles.

Contents
Geopolitical Tensions and Military ActionsEconomic Implications and Global ResponseThe Role of the Military-Industrial ComplexFuture Implications and Considerations

Geopolitical Tensions and Military Actions

The Houthi spokesman, Abdulsalam Jahaf, confirmed the attacks, stating, “Now America, Britain, and Israel are launching raids on Hodeidah, Sanaa, Dhamar, and Saada. We will discipline them, God willing.” This escalation comes as the Houthis, officially known as Ansar Allah, have declared solidarity with Gaza and carried out multiple attacks on shipping vessels in the Red Sea, a critical trade route connecting Europe and Asia via the Suez Canal.

Economic Implications and Global Response

The repeated attacks on shipping vessels in the Red Sea have compelled major shipping companies to reroute their ships around Africa, leading to increased prices and insurance costs. In response to these developments, the U.S. Central Command announced the interception of more than 20 missiles and drones targeting vessels in the Red Sea. British Defense Secretary Grant Schapps emphasized the importance of maintaining open sea routes, stating, “We cannot have a situation where a major sea route is being cut off by terrorists and thugs.”

The Role of the Military-Industrial Complex

The ongoing conflict in Yemen and the involvement of major powers like the U.S. and U.K. highlight the intricate dynamics of the military-industrial complex. Between 2015 and 2023, the Houthis successfully resisted a regional coalition led by Saudi Arabia, with U.S. backing through intelligence sharing and military supplies. The recent escalation underscores the deep-rooted interests, alliances, and geopolitical strategies that shape military interventions and actions, often driven by economic, strategic, and ideological considerations.

Future Implications and Considerations

As tensions escalate and global powers navigate complex geopolitical landscapes, the situation in Yemen serves as a stark reminder of the intertwined relationships between military capabilities, economic interests, and political objectives. The actions and responses from various stakeholders, including the U.S., U.K., Saudi Arabia, and the Houthis, will continue to shape regional dynamics, international relations, and the broader discourse on security, sovereignty, and peacekeeping efforts.

The reported attacks on Yemen by the U.S. and U.K. underscore the challenges inherent in military interventions and the multifaceted influences of the military-industrial complex. As events unfold, stakeholders, policymakers, and the international community must remain vigilant, informed, and engaged in fostering dialogue, promoting peace, and addressing the underlying issues driving conflict and instability in the region.

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By Shayne Heffernan Ph.D.
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Shayne Heffernan Ph.D. Economist at Knightsbridge holds a Ph.D. in Economics and brings with him over 40 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Crypto, Mining, Shipping, Technology and Financial Services.
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