Finance Minister, US envoy discuss economic developments and efforts to deal with Houthi attacks
Finance Minister Salem Saleh bin Brik discussed today during his meeting in the Saudi capital, Riyadh, with the US Special Envoy to Yemen Tim Linderking, and the US Ambassador to Yemen Steven Fagin the developments in the economic and financial situation, regional and international efforts to achieve peace in Yemen, and aspects of strengthening cooperation relations.
ajor General Al-Zubaidi chairs an extraordinary meeting of the Council of Ministers
A member of the Presidential Leadership Council, Major General Aidarous Qassem Al-Zubaidi, chaired this morning at the Presidential Palace in Ma’ashiq an extraordinary meeting of the Council of Ministers.
Wall Street Closing
U.S. stocks closed higher Wednesday after the Federal Reserve (Fed) took a less aggressive stance than expected.
Yemen reaches 124th place in FIFA's monthly ranking
The national football team has moved up one place in FIFA's new monthly ranking reaching the 124th as published by the FIFA on Thursday.
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Wall Street Closing
[16/03/2017 11:44]
U.S. stocks closed higher Wednesday after the Federal Reserve (Fed) took a less aggressive stance than expected.
In U.S. economic news, the consumer price index rose 0.1 percent in February for a 2.7 percent increase over the last 12 months, the biggest year-on-year gain since March 2012. Retail sales posted a 0.1 percent rise last month, the weakest print since August. Home builder sentiment hit 71 in March, the highest in 12 years. Business inventories climbed 0.3 percent in January.
In international economic news, traders were keeping an eye on Wednesday’s general elections in the Netherlands for any indication on the strength of populist sentiment.
The dollar extended losses to trade about half a percent lower. Light sweet crude oil for April delivery added 90 cents to $48.62 per barrel on the New York Mercantile Exchange, while gold futures fell $2.20 to $1,200.40 an ounce.
The Dow Jones industrial average rose 112.73, or 0.54 percent, to 20,950.10. The broader Standard & Poor’s 500 index increased 19.81, or 0.84 percent, to 2,385.26. The technology-heavy Nasdaq composite index gained 43.23, or 0.74 percent, to 5,900.05.


Wall Street Closing
Deputy Oil Minister discusses resumption of oil block operation in Shabwah

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