Current:Home > StocksHow the Navy came to protect cargo ships -Core Financial Strategies
How the Navy came to protect cargo ships
View
Date:2025-04-14 15:05:30
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! (42)
Related
- This was the average Social Security benefit in 2004, and here's what it is now
- Change-of-plea hearings set in fraud case for owners of funeral home where 190 bodies found
- Profiles in clean energy: She founded a business to keep EV charging stations up and running
- A Minnesota man gets 33 years for fatally stabbing his wife during Bible study
- Former Danish minister for Greenland discusses Trump's push to acquire island
- When does daylight saving time end? What is it? What to know about 'falling back'
- NASCAR Watkins Glen live updates: How to watch Sunday's Cup Series playoff race
- College football Week 3 grades: Kent State making millions getting humiliated
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- ‘Beetlejuice Beetlejuice’ is No. 1 again; conservative doc ‘Am I Racist’ cracks box office top 5
Ranking
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Get 50% Off Jennifer Aniston's LolaVie Detangler, Fenty Beauty by Rihanna Powder & $10.50 Ulta Deals
- Ahmaud Arbery’s family is still waiting for ex-prosecutor’s misconduct trial after 3 years
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Breakup Song
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- The Wild True Story of Murderous Drug Lord Griselda Blanco, a.k.a. the Godmother of Cocaine
- Travis Hunter shines as Colorado takes care of business against Colorado State: Highlights
- The Bachelorette's Katie Thurston Engaged to Comedian Jeff Arcuri
Recommendation
Pressure on a veteran and senator shows what’s next for those who oppose Trump
2024 Emmys Hosts Dan Levy and Eugene Levy Beg You To Say Their Last Name Correctly
2024 Emmys: Why Gillian Anderson and Peter Morgan Are Fueling Reconciliation Rumors
2024 Emmy Awards: Here Are All the Candid Moments You Missed on TV
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Washington State football's Jake Dickert emotional following Apple Cup win vs Washington
Reese Witherspoon Reveals Epic Present Laura Dern Gave Her Son at 2024 Emmys
2024 Emmys: Jesse Tyler Ferguson's Hair Transformation Will Make You Do a Double Take