economic collapse

OCCUPIED PALESTINE, April 11 (YPA) - The threat to the Israeli economy has escalated in recent weeks, foreshadowing a financial crisis for the entity, especially with the resumption of fighting in the Gaza Strip, and particularly with the…

TAIZ, March 26 (YPA) - Human rights activist, Shawqi Ibrahim Hassan Naji, was kidnapped by Emirati factions in the city of Mocha, west of Taiz governorate, after postings in which he criticized the deteriorating living conditions of the…

DHALEA, Feb. 15 (YPA) - Hundreds of residents of the city of Dhalea, the stronghold of the leaders of the UAE-backed Southern Transitional Council (STC), took to the streets in a massive demonstration on Saturday to protest famine and…

ADEN, Feb. 10 (YPA) - Angry protesters blocked the road to Aden International Airport, which is under coalition control, on Monday, as part of their demonstrations against the economic collapse and lack of basic services in the city. Local…

TAIZ, Jan. 25 (YPA) - Labor and employee unions in Yemeni areas under Saudi-led coalition control continue protests over worsening living conditions and currency devaluation. The Union of Education Employees in Taiz province announced a…

ADEN, Nov. 15 (YP) - A politician in the "Southern Movement" has confirmed that Aden and other southern Yemen provinces are facing their worst days of famine and economic collapse since the Saudi-led coalition took control in mid-2015.…

ADEN, Aug. 22 (YPA) - The Central Bank in Aden city on Thursday announced a shocking decision regarding the exchange rates of the dollar against the local currency in the areas under the control of the Saudi-led coalition in southern and…

ADEN, Feb. 10 (YPA) - The price of a loaf of bread has reached astronomical numbers in the city of Aden, which is under the control of the Saudi-led coalition in southern Yemen. Activists on social media confirmed on Saturday that the price…

ADEN, Jan. 20 (YPA) -The dollar's price surged against the Yemeni riyal, causing shock to citizens in Aden city, which is controlled by the Saudi-led coalition, due to the ongoing economic collapse in southern provinces. Banking sources in…

ADEN, Dec. 06 (YPA) - The continuous deterioration of local currency, Yemeni riyal, against the US dollar and Saudi riyal has negatively impacted the living conditions of citizens in Aden province and other southern and eastern provinces…