The Suez Canal Incident and The Issues of Global Governance

... of dollars. The global economy would be plunged into a profound crisis with a number of concomitant social and political implications both for individual states and for humanity at large. Andrey Kortunov: We Need to Create a More Inclusive System of Global Governance Commenting on the Suez Canal incident, the American Admiral James G. Stavridis suggested that a new international security system be created for the most vulnerable maritime arteries. Adm. Stavridis believes this work should be done ...