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U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.
Efforts need to be redoubled to save national economy, says VP
[16/11/2017 03:04]
MARIB-SABA
Vice President Lieutenant General (Lt Gen) Ali Mohssen Saleh met Thursday with Undersecretary of Ministry of Oil and Minerals Eng. Shawqi Al-Mikhlafi.
Eng. Al-Mikhlafi reported to the Vice President about underway efforts aiming to re-operate oil sector. The report also included Ministry's plans and communications with oil firms operating in the countries with the purpose of bringing oil industry back into operation.
The Vice President ordered local authorities in the provinces, military and security services to cooperate with the Ministry of Oil and Minerals in order help creating supportive milieus for oil companies to come back to the country.
" Efforts need to be redoubled in order to rescue national economy and improve national income. This is urgently required to enable legal government do its job effectively and prevent a looming economic collapse due to the militias coup", Mohssen, noted.