Red Sea Security Shock: Iran-aligned Houthis seized Yemen’s port city of Mocha and pushed toward the Hanish islands, tightening pressure on the Bab el-Mandeb chokepoint that links the Red Sea to the Gulf of Aden—an artery carrying about 12% of global trade and heavily used for Saudi oil exports. Shipping Disruption & Costs: With fighting escalating and Brent above $100, risk premiums and rerouting pressures are rising for carriers and regional fuel supply chains. Piracy Resurgence Off Yemen: A Greek-managed cargo ship (Glamor) was boarded by suspected pirates southwest of Yemen; the crew stayed in the citadel and attackers failed to take control, while EU Operation Atalanta investigators look into the incident—another sign piracy is spreading offshore. Djibouti in the Spotlight: Djibouti will sign NASA’s Artemis Accords on Sept. 14 in Washington, reinforcing the country’s growing role in regional connectivity and international partnerships. Migration Flows: IOM reports 1,628 Ethiopian migrants returned to Djibouti from Yemen in August, up 17% from July, underscoring how Red Sea instability keeps driving dangerous cross-sea movements. Trade & Connectivity: Ethio Telecom, Djibouti Telecom and Sudatel advanced the Horizon cross-border fibre network toward commercial launch. IP Capacity Building: Algeria’s INAPI is running industrial property training for Djibouti’s ODPIC officials with WIPO support.