Protests in Yemen's third-largest city against crumbling currency
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Friday
August 12, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
FRIDAY, AUGUST 12, 2022
Protests in Yemen's third-largest city against crumbling currency

Middle East

Reuters
27 September, 2021, 06:55 pm
Last modified: 27 September, 2021, 06:57 pm

Related News

  • White House praises Saudi royals on Yemen truce before expected Biden trip
  • Dhaka welcomes latest peace move in conflict-torn Yemen
  • Yemen peace talks: The end of years of civil war?
  • Yemen president cedes powers to council as Saudi Arabia pushes to end war
  • UN: Yemen's warring parties agree to two-month truce starting Saturday

Protests in Yemen's third-largest city against crumbling currency

Reuters
27 September, 2021, 06:55 pm
Last modified: 27 September, 2021, 06:57 pm
People demonstrate against the deteriorating economic situation and the devaluation of the local currency, in Taiz, Yemen September 27, 2021. REUTERS/Anees Mahyoub
People demonstrate against the deteriorating economic situation and the devaluation of the local currency, in Taiz, Yemen September 27, 2021. REUTERS/Anees Mahyoub

Security forces fired shots in the air to disperse hundreds of protesters in Yemen's third-largest city of Taiz on Monday as unrest over poverty spread in areas held by the Saudi-backed government.

Dozens of people blocked a street and entrances to several districts in the disputed southwestern city with rocks and burning tires, witnesses said, before the crowd swelled to hundreds protesting sharp drops in the currency that has stoked inflation.

Earlier this month, three people were killed in violent protests in Aden and other southern cities controlled by the internationally recognised government, which was ousted from the capital Sanaa by the Iran-aligned Houthi group in 2014.

In Taiz on Monday, security forces and armed men fired shots in the air to stop protesters from ripping apart a poster of Yemen's Saudi-backed president, three witnesses said.

Police spokesperson Osama al-Sharaabi said security forces were "committed to safeguarding citizens' rights to peaceful means of expression" but would not allow "any attacks on public and private interests".

The war, in which a Saudi-led coalition has been battling the Houthis for over six years, has devastated the economy and depleted foreign exchange reserves in the impoverished Arabian Peninsula nation, which imports the bulk of its goods.

Around 80% of the population is reliant on aid and millions face starvation in what the United Nations says is the world's largest humanitarian crisis.

The Saudi-backed government, which is based in the south, has struggled to pay public sector wages and has resorted to printing money to cover the deficit.

World+Biz

Yemen protest / Yemen

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Default loans jump Tk22,000cr in six months
    Default loans jump Tk22,000cr in six months
  • File Photo: Mohammad Minhaj Uddin/TBS
    ICDs hike imports handling charge by 35%
  • A shopping cart is seen in a supermarket as inflation affected consumer prices in Manhattan, New York City, US on 10 June 2022. REUTERS/Andrew Kelly
    Is global inflation nearing a peak?

MOST VIEWED

  • Rockets are launched by Palestinian militants into Israel, amid Israel-Palestinian fighting, in Gaza August 7, 2022. REUTERS/Mohammed Salem REUTERS/Mohammed Salem
    In Gaza, denial and doubt over misfiring rocket claims
  • A security woman checks the temperature of a woman at Riyadh International Airport. (File photo: Reuters)
    Saudi Arabia allows domestic workers to switch jobs without employer's consent
  • Former U.S. national security adviser John Bolton adjusts his glasses during his lecture at Duke University in Durham, North Carolina, U.S. February 17, 2020. REUTERS/Jonathan Drake/File Photo
    US charges Iranian with plotting to murder ex-Trump adviser Bolton
  • Palestinians inspect a building damaged during clashes between Palestinian militants and Israeli forces in a raid, in Nablus in the Israeli-occupied West Bank August 9, 2022. REUTERS/Raneen Sawafta
    Israeli forces kill two Palestinian gunmen in West Bank clash
  • Streaks of light are seen as Israel's Iron Dome anti-missile system intercepts rockets launched from the Gaza Strip towards Israel. PHOTO: REUTERS
    Four children killed in Gaza as toll rises to 41: health ministry
  • Leen Matar, a 9-year-old Palestinian girl who was rescued from her house, which was damaged in Israeli air strikes that killed a senior Islamic Jihad commander, lies on a bed at a hospital in Rafah in southern Gaza Strip, August 7, 2022. REUTERS/Ibraheem Abu Mustafa
    Palestinians sift through rubble at Gaza camp hit in Israeli strike

Related News

  • White House praises Saudi royals on Yemen truce before expected Biden trip
  • Dhaka welcomes latest peace move in conflict-torn Yemen
  • Yemen peace talks: The end of years of civil war?
  • Yemen president cedes powers to council as Saudi Arabia pushes to end war
  • UN: Yemen's warring parties agree to two-month truce starting Saturday

Features

Bye bye! Photographer: Michael Zarrilli/Getty Images North America via Bloomberg

Three major takeaways from the FBI search on Trump’s home

18h | Panorama
Photo: Noor A Alam/TBS

Big dreams in small rooms: The aspiring nurses of Geneva Camp

21h | Panorama
Illustration: TBS

How to deal with toxic people at work

21h | Pursuit
Women were more likely to report leaving the workforce between March 2020 and September 2021 than their male counterparts. PHOTO: BLOOMBERG

Being single and smart is bad for your career if you are a woman

21h | Pursuit

More Videos from TBS

Control on liquor import boosts local Carew sales

Control on liquor import boosts local Carew sales

10h | Videos
Is Bangladesh losing opportunity to sent more expats to the Middle East?

Is Bangladesh losing opportunity to sent more expats to the Middle East?

11h | Videos
When hassles at airport will come to an end?

When hassles at airport will come to an end?

13h | Videos
How to spot a Pyramid Scheme?

How to spot a Pyramid Scheme?

14h | Videos

Most Read

1
Dollar crisis: BB orders removal of 6 banks’ treasury chiefs 
Banking

Dollar crisis: BB orders removal of 6 banks’ treasury chiefs 

2
Diesel price hiked by Tk34 per litre, Octane by Tk46
Energy

Diesel price hiked by Tk34 per litre, Octane by Tk46

3
Photo: Collected
Transport

Will Tokyo’s traffic model solve Dhaka’s gridlocks?

4
Arrest warrant against Habib Group chairman, 4 others 
Crime

Arrest warrant against Habib Group chairman, 4 others 

5
File Photo: State Minister for Power, Energy and Mineral Resources Nasrul Hamid
Energy

All factories to remain closed once a week under rationing system

6
Anwar Group looks beyond slowdown – invests Tk5,000cr
Economy

Anwar Group looks beyond slowdown – invests Tk5,000cr

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net