President Dr. Rashad Muhammad Al-Alimi, Chairman of the Presidential Leadership Council, met Monday with Prime Minister Salem Saleh Bin Breik, Central Bank Governor Ahmed Ghaleb and Head of the Economic Team Hossam al-Sharjabi.
The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.
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.
Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.
Economic Committee says central bank committed to impartiality of banking
[15/05/2019 02:27]
ADEN-SABA
The Economic Committee has affirmed that the country's central bank is committed to impartiality of banking and to ensuring that banks operate freely apart from any political exploitation.
The Committee made the remarks in a statement in the aftermath of Houthi crackdown on commercial banks in the rebels-held capital Sana'a to intimidate them into cutting business dealings with the government-run central bank in the temporary capital Aden.
The Committee indicated that the problems of cash shortage, depletion of foreign cash reserves and moving the monetary cycle to the black markets are all the outcomes of the Houthi militia's policy that has been around even a while before the relocation of the country's central bank from Sana'a to Aden.