The Saudi/UAE/US/UK-controlled Gov threatens to cut off banks in the capital Sanaa from international transactions, further deteriorating Yemen’s stricken economy.
The US imposed move has the objective to terminate the Yemeni naval blockade to the shores of occupied Palestine.
Yemen’s aforementioned unconditional support aims to raise awareness for the genocide in Gaza and to further weaken the Israeli economy.
In 2016, the Saudi-backed Yemeni government transferred the operations of the central bank from the Houthi-controlled capital, Sana, to the southern city of Aden. The bank, whose policies are dictated by Saudi Arabia, a senior Western official said, started printing vast amounts of new money — at least 600 billion riyals, according to one bank official. The new money caused an inflationary spiral that eroded the value of any savings people had.The bank also stopped paying salaries to civil servants in Houthi-controlled areas, where 80 percent of Yemenis live. With the government as the largest employer, hundreds of thousands of families in the north suddenly had no income.
Further reading
Washington to curb Houthi finances to stem Red Sea attacks
Moves could derail UN-led plan to end decade-long conflict
THE TRAGEDY OF SAUDI ARABIA’S WAR
Nascent Yemen 
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