World
Fight for control of Yemen's banks between rebels, government threatens to further wreck economy
SANAA, Yemen (AP) — Yemen’s Houthi rebels and its internationally recognized government are locked in a fight for control of the country’s banks that experts warn is threatening to further wreck an economy already crippled by nearly a decade of war.
The rivalry over the banks is throwing Yemen’s financial system into deeper turmoil. Already, the Houthis who control the north and center of the country and the government running the south use different currency notes with different exchange rates. They also run rival central banks.
The escalating money divide is eroding the value of Yemen’s currency, the riyal, which had driven up prices for clothing and meat before the Islamic holiday of Eid al-Adha started on Sunday.
For weeks, Yemenis in Houthi-controlled areas have been unable to pull their money out of bank savings accounts, reportedly because the Houthi-run central bank, based in the capital, Sanaa, has stopped providing liquidity to commercial and government banks. Protests have broken out in front of some banks, dispersed by security forces.
Yemen has been torn by civil war ever since the Iranian-backed Houthi rebels took over Sanaa and much of Yemen’s north and center in 2015. The Saudi-backed internationally recognized government and its nominal ally the Southern Transitional Council, a group supported by the United Arab Emirates, govern the south and much of the east, centered in the southern port city of Aden.
Yemen was already the Arab world’s poorest country before the war began. Punitive actions by each side against the other’s banks over the past week now threaten to undermine merchants’ ability to import food and basic commodities and to disrupt the transfer of remittances from Yemenis abroad, on which many families depend, said Edem Wosornu, director of operations and advocacy for the U.N. humanitarian coordination office known as OCHA.
“All these factors will likely deepen poverty, worsen food insecurity and malnutrition, and increase reliance on humanitarian assistance,” she told a U.N. Security Council briefing on Thursday. The dispute could escalate to the point that banks in Houthi-run areas are barred completely from international financial transactions, which she said would have “catastrophic ramifications.”
The internationally recognized government moved the central bank to Aden in 2016, and since then began issuing new banknotes to replace worn-out riyals. Houthi authorities, which set up their own central bank in Sanaa, banned the use of the new money in areas under their control.
In March, the Houthi-controlled central bank announced it was rolling out its own new 100-riyal coins. The international community and Yemen’s recognized government denounced the move, saying the Houthis were trying to set up their own financial system and warning it will deepen Yemen’s economic divide.
Adding to the confusion, the bills have different exchange rates — riyals issued in Sanaa go for about 530 to the dollar, while those from Aden are around 1,800 to the dollar.
In response, the Aden-based central bank gave banks 60 days to relocate their headquarters to the southern city and stop operating under Houthi policies, or else risk facing sanctions related to money laundering and anti-terrorism laws.
The central bank was “forced to make these decisions, especially after the Houthi group issued their own currency and took unilateral steps towards complete independence from the internationally recognized Central Bank in Aden,” said Mustafa Nasr, an economic expert and head of the Studies and Economic Media Center SEMC.
No banks met the deadline — either because they needed more time or because they feared Houthi sanctions if they moved, Nasr said.
When the deadline ran out last week, the central bank in Aden banned dealing with six banks headquartered in Sanaa, meaning currency exchange offices, money transfer agencies and banks in the south could no longer work with them.
In retaliation, the Houthi-run central bank in Sanaa banned all dealings with 13 banks headquartered in Aden. That means people in Houthi-controlled areas can’t deposit or withdraw funds through those banks or receive wire transfers made through them.
Even as the fight for control is going on, both sides are facing a cash crunch. The Houthi government has few sources of foreign currency and its new coins aren’t recognized outside its territory.
In January, the United States designated the Houthis as a global terror group in response to the rebels’ attacks on shipping in the Red Sea and Arabian Sea. The Houthis say the attacks are in retaliation for the Israel-Hamas war in the Gaza Strip. Because of the U.S. decision, banks around the world might be concerned and reluctant to continue any financial dealings with banks that have headquarters under Houthi control, said Youssef Saeed, a University of Aden economic professor.
The economy in Aden isn’t significantly better. The government’s revenues have been hit hard ever since Houthi attacks on oil ports in late 2022 forced a halt in oil exports, the main earner of foreign currency.
Since March, depositors in Houthi-run areas have been unable to pull money out of their accounts. The central bank in Sanaa hasn’t announced any formal restrictions, but several economists told The Associated Press that it has informally stopped releasing funds that individual banks have put in its coffers — in part because of a lack of liquidity.
At one bank that saw protests by depositors last month, the International Bank of Yemen, a note hung in the lobby said, “In coordination with the Central Bank, withdrawals from old accounts have been suspended until further notice.”
Um Ahmed, a 65-year-old woman who was among those protesting outside the bank, said that she was trying to withdraw money to help her son buy a motor scooter for work, but the bank refused.
“I served this country as a teacher for 35 years and saved every penny and deposited my money at the bank, but they took it all,” she said. “This money belongs to my husband and me and our children.”
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Fatma Khaled reported from Cairo.
 
																	
																															World
Video: Ultra-Orthodox Community Protests Israel’s Military Draft
 
														new video loaded: Ultra-Orthodox Community Protests Israel’s Military Draft
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transcript
Ultra-Orthodox Community Protests Israel’s Military Draft
Hundreds of thousands of ultra-Orthodox Jews demonstrated against the military draft in Israel.
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You can’t force people to be otherwise than the way they are. This is us. This is the way we are. You can’t change us. You can’t force people to do otherwise. It’s no good. 
By Jorge Mitssunaga
October 30, 2025
World
Cruise ship allegedly leaves 80-year-old woman behind on island, daughter demands answers after death
 
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The daughter of an 80-year-old woman found dead after allegedly being abandoned by her cruise ship recently called for a coronial inquest into her mother’s death, calling the incident “a failure of care and common sense.”
Suzanne Rees, who was partaking in a luxury 60-day cruise in Australia, was found dead Sunday after she was reported missing Saturday night.
Rees was last seen on a group hiking tour of Lizard Island, about 200 miles north of Cairns, but did not return to the Coral Adventurer cruise ship—which left at about 6 p.m. Saturday.
Witnesses said they heard commotion on the radio and saw the ship returning to the island on a vessel tracker.
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The daughter of an 80-year-old woman found dead after allegedly being abandoned by her cruise ship on an Australian island is calling for an investigation into her death. (iStock)
The Australian Maritime Safety Authority (AMSA), Australia’s national maritime safety regulator, told Fox News Digital it was notified about the incident by the vessel at about 10 p.m. local time Saturday, prompting AMSA to initiate a response.
An AMSA spokesperson said they assisted Queensland Police in the search, and are continuing to work closely with Queensland authorities, including Queensland Police and WorkSafe Queensland.
“AMSA will make an assessment as to whether there was any non-compliance associated with the passenger not being counted onto the ship and, if necessary, will take action to address them,” the spokesperson wrote in a statement. “AMSA intends to conduct inquiries on board the vessel when it arrives in Darwin. We are currently investigating the circumstances surrounding why the passenger may not have been accounted for during boarding. AMSA offers its condolences to the family and loved ones of the person who has passed. Our thoughts are with them during this difficult time.”
TWO VACATIONERS DROWN AT CARNIVAL’S NEW BAHAMAS PRIVATE ISLAND

Suzanne Rees was on a luxury 60-day cruise in Australia, when she was left behind on Lizard Island and later found dead, her daughter alleges. (Mark Conlin/VW PICS/UIG )
Rees’ daughter, Katherine, told ABC Australia “from the little we have been told, it seems that there was a failure of care and common sense.”
“We understand from the police that it was a very hot day, and Mum felt ill on the hill climb. She was asked to head down, unescorted,” Katherine told the outlet. “Then the ship left, apparently without doing a passenger count.”
The family reportedly said they are hoping to learn if Rees’ death could have been prevented.
IRISH BIKINI DESIGNER FOUND DEAD ON YACHT MONTHS AFTER DIVORCE AND PRIOR LEGAL DISPUTE

The daughter of an 80-year-old woman found dead after allegedly being abandoned by her cruise ship on Lizard Island in Australia is calling for an investigation into her death. ( Education Images/UIG )
The Coroner’s Court of Queensland on Wednesday confirmed to ABC Rees’ death was “referred to the coroner for investigation.”
Once the coroner’s investigation is complete, a decision will be made about launching an inquest into the death.
AMSA said details surrounding the timing of the vessel’s arrival and AMSA’s next steps are not available, as the investigation remains active.
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“The Coral team have been in contact with the woman’s family, and we will continue to offer support to them through this difficult process,” Coral Expeditions CEO Mark Fifield reportedly wrote in a statement. “While investigations into the incident are continuing, we are deeply sorry that this has occurred and are offering our full support to the woman’s family.”
The operation of the vessel is regulated under the Australian Navigation Act 2012 and relevant workplace laws, according to AMSA.
Fox News Digital’s Pilar Arias contributed to this report.
World
Merz urges deeper ties with Turkey despite disagreements on Gaza
 
														Europe should forge a deeper strategic partnership with Turkey in response to emerging global challenges, German Chancellor Friedrich Merz said on Thursday on his first official visit to Ankara, which has played a crucial mediating role in the conflicts in Ukraine and Gaza.
Merz was speaking alongside Turkish President Recep Tayyip Erdoğan, just days after Turkey and the United Kingdom finalised a multi-billion-euro deal for the sale of 20 Eurofighter Typhoon jets.
Germany, part of the consortium that manufactures the advanced fighter aircraft, recently lifted its longstanding objection to their export to Turkey.
Merz’s visit also comes amid reports of German backing for Turkey’s participation in a European defence initiative known as the Security Action for Europe (SAFE), a €150 billion programme designed to enhance the continent’s military capabilities.
The initiative allows non-EU countries, including Turkey, to join defence projects.
Greece openly opposes Turkey’s participation in SAFE, arguing that Ankara must first drop its standing threat of war linked to sea boundary disputes between the two NATO members.
Merz did not mention SAFE but underscored the importance of cooperation.
“Germany and Turkey should use the enormous potential of our relations even better in the coming months and years,” he said.
“There are compelling reasons for this, because we are entering a new geopolitical phase marked by the politics of great powers,” the chancellor said.
“A central conclusion from that for me is that as Germans and Europeans, we must expand our strategic partnerships, and there is no way around a good and deepened partnership with Turkey.”
Divisions surfaced during the joint news conference over human rights and the situation in Gaza.
The advocacy group, Human Rights Watch, had urged Merz to speak out against Turkey’s crackdown on the opposition, including the arrest of Istanbul’s mayor Ekrem İmamoğlu.
The opposition figure, widely seen as a potential challenger to Erdoğan, has been held in pretrial detention since March on corruption charges, which he denies. This week, Turkish authorities filed new charges against him for alleged espionage.
Merz avoided direct mention of İmamoğlu but said: “Decisions have been made in Turkey that do not yet meet the requirements regarding the rule of law and democracy as we understand them from the European point of view.”
Erdoğan responded by defending Turkey’s judicial system.
“No matter what position you hold, if you trample on the law, judicial authorities in a state governed by the rule of law are obliged to take whatever action is necessary,” he said.
On the issue of Gaza, Merz said that Germany has stood firmly by Israel since it was founded in the aftermath of the Holocaust and will always do so. But “that doesn’t mean that we respect or accept every political decision by an Israeli government and accept it without criticism.”
Merz has frequently criticised Israel’s actions in Gaza in recent months.
On Thursday, he stressed that “Israel made use of its right of self-defence and it would have taken only a single decision to avoid the countless unnecessary victims: Hamas should have released the hostages earlier and laid down its weapons. Then this war would have been over immediately.”
Erdoğan, a vocal critic of Israel’s military actions, again accused Israel of using “starvation and genocide” as weapons of war.
The Turkish leader argued that Hamas does not possess bombs or nuclear weapons, while Israel does, and criticised Germany for allegedly ignoring the imbalance.
“As Germany, can’t you see this?” he asked.
Additional sources • AP
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