Chairman of the Presidential Leadership Council Dr. Rashad Mohammed al-Alimi sent Saturday a congratulatory message to President Abdelmadjid Tebboune of the People's Democratic Republic of Algeria on the occasion of the anniversary of his country's independence.
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.
ADEN-SABA
The Economic Council held a session Tuesday in the interim capital Aden presided over by the Prime Minister Dr. Ma'een Abdulamilk.
The meeting devoted to discuss a range of topics and reports about economic, financial and monetary situations. Government' plans, policies and efforts to mitigate hardships created by Houthi rebel militia, improve revenues and maintain national currency exchange rate were also elaborately debated.
The discussions also touched upon necessary measures need to be taken to increase crude oil production and exports.
The Prime Minister briefed the council about the government's economic performance in 2019, challenges in existence and practical plans to achieve the economic recovery this year.
The Finance Minister reported about planned practical procedures to manage the public revenues of the country and proposed mechanisms to improve efficiency of the authorities in charge of collecting public revenues.
The Governor of the Central Bank of Yemen (CBY) cited the interventions made by the CBY to regain exchange rate stability of the national currency and suggested action-plans to manage the disastrous implications of Houthis' decision to confiscate the newly issued national currency banknotes and ban dealing with in the militia controlled regions.
The Minister of Oil detailed the council about the returns of crude oil and measures taken to improve and increase oil production and exports.
The Economic Council has decided to undertake the mission of regulating fuels trade instead of the Economic Committee.