...and Yemen!
- Thread starter chilango
- Start date
klang
klang
in response and to further the control of money in the north, the houthis started to compile lists of employees of international aid orgs, ngos, etc, 'sacking'and punishing their staff, and replacing them with people loyal to the houtis.Earlier on in the year the PLC tried to put economical pressure on the houthis by ordering all banks located in houthi controlled areas (inc islamic and private banks) to move their headquarters to Aden.
There were several reasons for this - to even out the discrepancy of the rial between the north and the south and to bleed the houthis of fiscal recourses and means to trade internationally were probably the main ones.
It's worth remembering that the houthis are not strapped for cash and have managed tokeepp the value of the rial fairly stable, compared to the south.
Many banks did not comply with this order and refused to move, which was answered with imposed sanctions by the plc, which in term were largely ignored by banks and other trade orgs.
This order by the plc was widely criticised by traders via businesses all the way up ti the UN as it was seen as unfair, cruel and counter-productive in terms of aid distribution and fiscal flow.
The decision was reversed yesterday, allowing the houthis to work more independently from the south and controlling big chunks of the banking sector.
Another step towards a 2 state solution?
Yemeni Government Cancels Economic Measures Against Houthis
Aden (South24)Earlier today, the internationally recognized Yemeni government canceled the recent economic decisions against the Houthis, including ...south24.net
klang
klang
Pretty much what i was trying to say but with better wording:
Choking Economic Crisis
It is important to point out that the Port of Hodeidah is considered the only decisive point for the entry of all goods, including food and oil which constitute a basic factor for the life of people in areas controlled by the Houthis. The port is crucial for providing more than 70% of Yemen's food needs. According to the Israeli army’s security evaluation, following the air strikes, Hodeidah port has become incapable of unloading goods. Besides destroying the fuel storage facilities, the Israeli air strikes also damaged the cranes used for unloading goods from ships to the dock. There is a high probability that the damage to the port will lead to a severe lack of fuel in many areas in North Yemen over the coming period. Moreover, the massive damage to the Ras Kathib power station at Hodeidah will exacerbate the suffering of the people amid a very hot summer, especially in the hot coastal areas overlooking the Red Sea.
Read more at: Situation Assessment: The Outcome of Israel’s Direct Involvement in Yemen
Choking Economic Crisis
It is important to point out that the Port of Hodeidah is considered the only decisive point for the entry of all goods, including food and oil which constitute a basic factor for the life of people in areas controlled by the Houthis. The port is crucial for providing more than 70% of Yemen's food needs. According to the Israeli army’s security evaluation, following the air strikes, Hodeidah port has become incapable of unloading goods. Besides destroying the fuel storage facilities, the Israeli air strikes also damaged the cranes used for unloading goods from ships to the dock. There is a high probability that the damage to the port will lead to a severe lack of fuel in many areas in North Yemen over the coming period. Moreover, the massive damage to the Ras Kathib power station at Hodeidah will exacerbate the suffering of the people amid a very hot summer, especially in the hot coastal areas overlooking the Red Sea.
Read more at: Situation Assessment: The Outcome of Israel’s Direct Involvement in Yemen
Fires break out on abandoned Greek-flagged oil tanker Sounion that Yemen rebels attacked in Red Sea
Fires have broken on a Greek-flagged oil tanker previously attacked by Yemen’s Houthi rebels this week. The vessel now appears to be adrift in the Red Sea.
apnews.com
klang
klang
Another environmental disaster in the making
Fires break out on abandoned Greek-flagged oil tanker Sounion that Yemen rebels attacked in Red Sea
Fires have broken on a Greek-flagged oil tanker previously attacked by Yemen’s Houthi rebels this week. The vessel now appears to be adrift in the Red Sea.
Houthis to allow access to stricken Red Sea tanker amid fears of huge oil spill
The Yemen-based militants have denied an Iranian claim that they agreed to a temporary truce but will allow a tugboat to access the Sounion tanker
teqniq
DisMembered
Last edited:
klang
klang
World bank autumn 24 report. Bleak with dire prognosis, but still some glimmers if hope. Some interesting stats in there
www.worldbank.org
Yemen Faces Mounting Economic Challenges as Conflict Continues, Regional Tensions Escalate
Yemen’s economy continues to confront deepening challenges as prolonged conflict, political fragmentation, and escalating regional tensions drive the country into an even more severe humanitarian and economic crisis, according to the World Bank’s latest Yemen Economic Monitor (YEM).
www.worldbank.org
bcuster
Well-Known Member
US Navy destroyers unscathed after fighting off a complex attack of cruise and ballistic missiles and exploding drones
The Houthis launched a complex attack consisting of anti-ship missiles and drones, a Pentagon spokesperson said Tuesday.
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