Saturday 30 August 2014
 
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yemen

Yemeni govt offers to resign to end Houthi protests

Yemen's government offered on Saturday to resign within a month and to review an unpopular decision to cut fuel subsidies in an attempt to end protests by the Shi'ite Houthi movement, a government source told Reuters. Tens

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IMF to loan $560m to Yemen

Yemen has reached agreement with the International Monetary Fund on a $560 million loan, the finance minister said on Friday, after the government cut fuel subsidies and ordered curbs on public spending. The second poorest Arab country

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Yemen struggles towards fuel price reform

A clampdown on state spending was an effort by Yemen's government this month to win public support before its biggest economic reform in years: higher fuel prices. But an angry public may not be won over.

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Yemen to clamp down on public sector spending

Yemen's president unveiled a clampdown on public sector spending on Thursday, including a feasibility review of state-owned companies and a ban on all but economy class travel for ministers in the Arabian Peninsula country. Ye

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Yemen oil export income down 64pc in May, reserves sink

Yemen's income from oil exports tumbled by over 64 per cent to $73.4 million in May from a year ago, due to attacks on an export pipeline, and the central bank's foreign asset reserves shrank to their lowest since end-2011, data showed o

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110 killed in heavy Yemen clashes

Clashes in the north Yemen town of Omran continued on Sunday between the army and fighters from the Houthi movement after at least 104 people were killed on Saturday, while in the south six soldiers were shot dead by al Qaeda militants.

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Yemen army continues fight in north town

Clashes in the north Yemen town of Omran continued on Sunday between the army and fighters from the Houthi movement after at least 104 people were killed on Saturday, while in the south six soldiers were shot dead by al Qaeda militants.

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Yemen air force bombs rebel positions; 70 dead

The Yemeni air force bombed Shi'ite Muslim fighters north of Sanaa in fighting that killed at least 70 people, local officials said, after a truce reached last month between the insurgents and government forces collapsed. The

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Six killed in attacks at Saudi-Yemeni border post

At least six people, including a suicide bomber and two security personnel, were killed at a Saudi-Yemeni border crossing on Friday, in attacks that highlighted the threat posed by militants to the security of both nations. Saudi

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Yemen gets $168m loan from Arab Monetary Fund

The Arab Monetary Fund (AMF) said it will provide a $168 million loan to Yemen to help support reforms in the the country. Financial aid from abroad, which has been slow to arrive, has become a lifeline for Yemen, where the econom

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