Yemeni Rial Plummets, Power Outages Increase in Aden

High temperatures grip Aden amidst ongoing power outages (AFP)
High temperatures grip Aden amidst ongoing power outages (AFP)
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Yemeni Rial Plummets, Power Outages Increase in Aden

High temperatures grip Aden amidst ongoing power outages (AFP)
High temperatures grip Aden amidst ongoing power outages (AFP)

With power outages in Aden, the interim capital of Yemen, reaching approximately 18 hours a day, the local currency has witnessed its highest decline since the formation of the Presidential Leadership Council.

The exchange rate of the US dollar has surged to 1,500 Yemeni rials compared to 1,200 rials last month.

According to workers at the electricity company, since Wednesday morning, power blackouts have increased to five hours compared to two hours of electricity due to the outage of the Petromasila station, which produces 90 megawatts of power for the province and the surrounding areas.

Workers at Petromasila attribute the reasons for the outage to the delay in the arrival of crude oil tankers from the province of Shabwah, which is used to operate the station.

They stated that disgruntled soldiers in Abyan province, who were experiencing delays in their salaries, halted the tankers before allowing them to pass on Tuesday evening.

The station will not resume operations until 36 hours have passed since its shutdown.

This will further exacerbate the suffering of the residents, as the temperature rises close to 40°C, accompanied by high humidity.

Moreover, this shortage comes just one day after reducing power outages to four hours, with two and a half hours of electricity, following the shutdown of several power stations due to the poor quality of fuel purchased from a trader, as reported by the workers.

A technical committee has been formed to re-examine the shipment, but the generators resumed operation after three days, and the results of the inspection are still unknown.

Government sources have indicated that the expiration of the fuel assistance provided by Saudi Arabia has significantly increased the burden on the government.

The government currently spends approximately $50 million per month to cover the operational costs of power production stations in Aden and to purchase a portion of the energy from privately-owned generators.

This comes amidst a severe financial crisis faced by the government, which is engaged in an economic war initiated by Houthi militias.

The crisis began with the obstruction of oil exports, followed by the imposition of restrictions on imports through ports under Houthi control, and the prevention of goods transfer from government-controlled areas.



Hamas, Two Other Palestinian Groups Say Gaza Ceasefire Deal 'Closer Than Ever'

Palestinians inspect damages in the aftermath of Israeli strikes, following a Hamas surprise attack, at Beach refugee camp, in Gaza City, October 9, 2023. (Reuters)
Palestinians inspect damages in the aftermath of Israeli strikes, following a Hamas surprise attack, at Beach refugee camp, in Gaza City, October 9, 2023. (Reuters)
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Hamas, Two Other Palestinian Groups Say Gaza Ceasefire Deal 'Closer Than Ever'

Palestinians inspect damages in the aftermath of Israeli strikes, following a Hamas surprise attack, at Beach refugee camp, in Gaza City, October 9, 2023. (Reuters)
Palestinians inspect damages in the aftermath of Israeli strikes, following a Hamas surprise attack, at Beach refugee camp, in Gaza City, October 9, 2023. (Reuters)

Hamas and two other Palestinian militant groups said on Saturday that a Gaza ceasefire deal with Israel is "closer than ever", provided Israel does not impose new conditions.

"The possibility of reaching an agreement (for a ceasefire and a prisoner exchange deal) is closer than ever, provided the enemy stops imposing new conditions," Hamas, Islamic Jihad and the Popular Front for the Liberation of Palestine said in a rare joint statement issued after talks in Cairo on Friday.

Last week, indirect negotiations between Israel and Hamas mediated by Qatar, Egypt, and the United States were held in Doha, rekindling hope of an agreement.

A Hamas leader told AFP on Saturday that talks had made "significant and important progress" in recent days.

"Most points related to the ceasefire and prisoner exchange issues have been agreed upon," he said on condition of anonymity as he was not authorized to speak publicly on the issue.

"Some unresolved points remain, but they do not hinder the process. The agreement could be finalized before the end of this year, provided it is not disrupted by (Israeli Prime Minister Benjamin) Netanyahu's new conditions."