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Sunday, February 25, 2024

Jordan suffers higher inflation because of their antisemitism

Jordanian Prime Minister Bisher Al-Khasawneh admitted that the Houthi attacks on shipping has inflationary effects on Jordan.

Speaking at the opening of the economic meeting, he said that “the events in the Red Sea raised shipping costs by up to 200% from East Asia and 60% from America and Europe.”

However, Al-Khasawneh added, "There is no land, sea, or air bridge with Israel, and talking about anything like this is a figment of the imagination, and it is an insult to Jordan."

What is he talking about?

Jordan is heavily dependent on shipping through the Red Sea to its port in Aqaba. Without that, its options are limited. At the moment, it struck an agreement to have the goods brought around Africa, through the Mediterranean and to Egyptian ports like Port Said. From there, trucks send the goods overland to Nuweiba, and from there ships take the goods to Aqaba and from there the rest of Jordan.

Here's the route:



They could have ships go to Tel Aviv or Haifa and from there have the goods trucked to the center of Jordan in much less time and at a lower cost that this sea-to-land-to-sea-to-land scheme they are stuck with now.

But they don't want to partner with Israel on anything they absolutely don't have to.

Antisemitism rots the brain. And in this case, it hurts ordinary Jordanians. 






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