The International Association of Movers and the American Moving and Storage Association said “DoD’s Defense Personal Property Program (DP3) represent roughly 20% of all moves globally," with the halt order having “a massive impact on the future financial viability, and structural capacity of the household goods moving industry.” They are seeking over $186 million in relief.
Bahrain, though the first Arab nation in the Persian Gulf to strike oil, had faced the specter of defaulting on a $750 million Islamic bond repayment due on Nov. 22.