Latest from Yemen Online
Yemen Online
2 days ago
- Yemen Online
Yemen : Coast Guard Recovers Body of Drowned Teen on Al-Shihr Coast in Hadramout
Hadramout — Yemeni Coast Guard teams recovered the body of a teenage boy on Thursday, one day after he drowned while swimming off the coast of Al-Shihr in Hadramout governorate. The victim, a resident of Ghail Bawazeer, was swept away by strong currents while swimming with a group of friends near the Fakher beach east of Al-Shihr. Rescue teams managed to save seven others, including a child, but the boy remained missing until his body was found several kilometers from the original drowning site. Officials said the recovery highlights the dangerous conditions along the coast and urged citizens to exercise caution, especially during the summer season when tides and currents intensify.
Yemen Online
2 days ago
- Business
- Yemen Online
UN Envoy: Houthi Currency Issuance Violates Yemen's Economic De-escalation Agreement
The United Nations Special Envoy to Yemen, Hans Grundberg, has condemned the Houthi group's recent issuance of new currency as a violation of the economic de-escalation understandings reached between Yemeni parties in July 2024. In a statement released Thursday, Grundberg expressed deep concern over the Houthis' unilateral decision to mint 50-rial coins and print 200-rial banknotes, warning that such actions threaten to undermine Yemen's fragile economy and deepen institutional and monetary divisions. 'These unilateral measures are not a viable solution to liquidity challenges,' Grundberg said. 'They risk eroding trust, destabilizing financial frameworks, and complicating efforts to restore economic stability.' The envoy urged all parties to refrain from unilateral steps and instead pursue coordinated approaches that foster dialogue and support broader stabilization efforts. He emphasized the need to prioritize restoring confidence, strengthening institutions, and delivering tangible relief to the Yemeni population. The currency issuance comes despite a UN-mediated agreement in 2024 that called for halting all economic escalations and maintaining neutrality in financial policy as part of a broader roadmap for de-escalation.
Yemen Online
2 days ago
- Politics
- Yemen Online
Barry Donadio: Trump Administration Will Eliminate Houthis If Maritime Threats Persist
Aden — American security and strategic analyst Barry Donadio has warned that the Trump administration is prepared to completely eliminate the Houthi militia in Yemen if their threats to international shipping continue. In a recent statement, Donadio emphasized that the Houthis' ability to disrupt maritime traffic in the Red Sea and Bab al-Mandab Strait has significantly diminished due to ongoing U.S. airstrikes. He noted that President Donald Trump's administration has adopted a zero-tolerance policy toward any group endangering global trade routes, and that the current military campaign will persist until the Houthis' military capabilities are fully neutralized. 'Yemeni airspace is now under full U.S. control,' Donadio said, adding that the Houthis must cease their attacks on commercial vessels if they wish to avoid further escalation. He described the group as Iran's last remaining proxy in the region and asserted that Washington is determined to dismantle its operational infrastructure. The remarks come amid heightened tensions in the Red Sea, where Houthi forces have targeted international vessels in what they claim is retaliation for regional conflicts. The Trump administration has responded with intensified airstrikes and expanded naval patrols to secure freedom of navigation.
Yemen Online
2 days ago
- Politics
- Yemen Online
UAE Expresses Solidarity with Iraq and Conveys Condolences over Fire at Shopping Mall
The United Arab Emirates has expressed its sincere condolences and solidarity with the Republic of Iraq over the victims of a fire at a shopping mall in the city of Kut, which resulted in dozens of deaths and injuries. In a statement, the Ministry of Foreign Affairs (MoFA) expressed its sincere condolences to the families of the victims, and to the government and people of Iraq over this tragedy, as well as its wishes for a speedy recovery for all the injured.
Yemen Online
2 days ago
- Business
- Yemen Online
Global Condemnation Over Houthis' Unilateral Currency Issuance in Yemen
Sana'a — The Houthi group's decision to issue new currency in Yemen has triggered widespread international condemnation, with major powers warning that the move could further destabilize the country's fragile economy. The newly minted 50-rial and 200-rial coins, introduced by the Houthi-controlled Central Bank in Sana'a, were denounced by the European Union, United States, United Kingdom, and France. The EU described the issuance as 'illegal counterfeiting,' asserting that only the internationally recognized Central Bank in Aden holds the legitimate authority to print currency. Yemen's government in Aden condemned the move as a violation of national sovereignty and a dangerous escalation that threatens to deepen economic divisions. Financial experts warned that the introduction of unbacked currency could fuel inflation and undermine public confidence in the monetary system. The U.S. Embassy in Yemen stated that the Houthis' actions jeopardize the integrity of the banking sector and urged financial institutions to reject the unauthorized currency. Analysts believe the Houthis may be attempting to establish a parallel economy, further entrenching Yemen's political and financial fragmentation. The Central Bank in Aden has warned of potential sanctions against any entities that accept or circulate the new currency.
