Current:Home > MarketsHow the Navy came to protect cargo ships -Infinite Profit Zone
How the Navy came to protect cargo ships
View
Date:2025-04-14 04:10:49
The Genco Picardy is not an American ship. It doesn't pay U.S. taxes, none of its crew are U.S. nationals, and when it sailed through the Red Sea last month, it wasn't carrying cargo to or from an American port.
But when the Houthis, a tribal militant group from Yemen, attacked the ship, the crew called the U.S. Navy. That same day, the Navy fired missiles at Houthi sites.
On today's show: How did protecting the safe passage of other countries' ships in the Red Sea become a job for the U.S. military? It goes back to an idea called Freedom of the Seas, an idea that started out as an abstract pipe dream when it was coined in the early 1600s – but has become a pillar of the global economy.
This episode was hosted by Alex Mayyasi and Nick Fountain. It was produced by Sam Yellowhorse Kesler, edited by Molly Messick, fact-checked by Sierra Juarez, and engineered by Valentina Rodríguez Sánchez, with help from Maggie Luthar. Alex Goldmark is Planet Money's executive producer.
Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
Always free at these links: Apple Podcasts, Spotify, Google Podcasts, the NPR app or anywhere you get podcasts.
Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.
Music: Universal Production Music - "Step Forward," "The Captain," and "Inroads"
veryGood! (16)
Related
- Sonya Massey's father decries possible release of former deputy charged with her death
- Prison escapee Danelo Cavalcante captured after 2-week manhunt, Pennsylvania police say
- Vanderpump Rules' Tom Sandoval Shares Update on His Love Life After Ariana Madix Breakup
- Stock market today: Asian shares mostly higher after US inflation data ease rate hike worries
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Serbia and Kosovo leaders hold long-awaited face-to-face talks as the EU seeks to dial down tensions
- Olivia Rodrigo announces 57 dates for Guts World Tour: Where she's performing in 2024
- Elon Musk Reflects on Brutal Relationship With Amber Heard in New Biography
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Liev Schreiber Welcomes Third Baby, His First With Girlfriend Taylor Neisen
Ranking
- Bodycam footage shows high
- Bryan Kohberger, suspect in murders of 4 Idaho college students, wants cameras banned from the courtroom
- Florida Gov. DeSantis recommends against latest COVID booster in ongoing disagreement with FDA, CDC
- Florida man hung banners with swastikas, anti-Semitic slogans in Orlando bridge, authorities say
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Police officers arrested after van prisoner was paralyzed seek program to have charges erased
- Former suburban Detroit prosecutor gets no additional jail time in sentence on corruption charges
- Georgia man almost lost leg to a brown recluse spider bite. What to know about symptoms that can cause excruciating pain.
Recommendation
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Cyprus holds military drill with France, Italy and Greece to bolster security in east Mediterranean
At the University of North Carolina, two shootings 30 years apart show how much has changed
Several students at Vermont school sent to hospital for CO exposure, officials say
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Pope Francis and Bill Clinton set discussion on climate change at Clinton Global Initiative
Judge blocks New Mexico governor's suspension of carrying firearms in public
Serbia and Kosovo leaders hold long-awaited face-to-face talks as the EU seeks to dial down tensions