Early on it was reported that it could take weeks to reopen the passage, with a cost of billions to the world trade. Now, just one week later it's open again, barely enough time to make the alternate route a good idea.
These rather unrealistic projections seem to have started with the Coronavirus reporting and is an interesting phenomenon in itself.
And honestly, had the ship still been stuck on wed, tide would not be as high for another moon cycle; further complicating.
That's true - it could have taken weeks and the cost of spoiled or delayed cargo could have reached billions.
After a day of tugs unsuccessfully trying to free the ship, there was no reason to assume it would be a fast recovery.
But the same news that said "it could take weeks" also reported on the ongoing efforts.
- Good if you care about mostly business in the developed world (Europe and US). - Really, really, really good features, solid visualisation, and a fairly wide breath of writers in terms of opinions.
The Economist:
- Very opinionated, but extremely diverse coverage of lots of different parts of the world (I've never come across a better English language source on Africa, for example). - Weekly, so if you only want to read news occasionally, it may work for you
WSJ:
- Pretty good coverage overall, the US business/tech coverage is much better (in depth) than the FT's - Their opinion section is like the NYT in bizarro-world.
In terms of price FT > Economist > WSJ.
It really depends on what you're looking for, but the FT works for me as a daily driver (I ended my subscription to the Economist, and only signed up for the WSJ about a month ago).