A man is seen outside the house damaged by Russian shelling, Odesa Region, southern Ukraine. (Photo by Nina Liashonok/Ukrinform/Sipa USA)

What is war fatigue?

If the West is 'tired' of the war in Ukraine, consider the reality of Ukrainians

As we approached the end of December, my mood, like that of most Ukrainians, was not at all Christmassy. The heroic achievement of 2022, when our lives hung in the balance and our defenders managed to repel the enemy, was replaced by the bloody routine of 2023.


Grain is loaded onto ships for export at a port on the Parana River near Rosario, Argentina on Jan. 31, 2017. (File photo: Reuters/Marcos Brindicci)

Bulk ocean freight rates fall from highs despite uncertainty

Container rates have climbed higher as Houthi attacks in the Red Sea have caused diversions

The Baltic Dry Index (BDI), a major indicator of bulk shipping rates, has dropped sharply over the past month after hitting 18-month highs in early December. Meanwhile, container rates have climbed higher over the same period as attacks by Houthi militants in the Red Sea have caused many shipping companies to divert their vessels.