Yemen’s PLC Establishes ‘Crisis Cell,’ Stresses End to Banking Distortions

The Yemeni Presidential Leadership Council meets in Riyadh with Prime Minister Maeen Abdulmalik (Saba News Agency)
The Yemeni Presidential Leadership Council meets in Riyadh with Prime Minister Maeen Abdulmalik (Saba News Agency)
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Yemen’s PLC Establishes ‘Crisis Cell,’ Stresses End to Banking Distortions

The Yemeni Presidential Leadership Council meets in Riyadh with Prime Minister Maeen Abdulmalik (Saba News Agency)
The Yemeni Presidential Leadership Council meets in Riyadh with Prime Minister Maeen Abdulmalik (Saba News Agency)

Yemen’s Presidential Leadership Council (PLC) has ordered the formation of a “crisis cell” headed by Prime Minister Maeen Abdulmalik to follow up on economic developments. The PLC also stressed the need to end monetary distortions in the banking market.

Houthi militias, on the other hand, continue to reject proposals to renew and expand the truce.

Instead of agreeing to pay the salaries of civil servants, Houthi leaders are threatening to repeat attacks on oil export ports in government-run areas and restarting battles towards southern governorates.

According to Yemeni sources, PLC head Rashad al-Alimi held a meeting for the ruling council in Riyadh.

All members of the PLC contributed to the discussions. While Sultan al-Errada, Abdurrahman al-Mahrami, Abdullah al-Alimi, and Othman Mujalli were present in person, Aidarous Azaibaid, Tariq Saleh and Faraj al-Bahssani contributed to the meeting via video conference.

“The meeting discussed humanitarian and economic conditions. It also tackled policies required to face the current challenges, including government measures limiting the catastrophic repercussions of the Houthi terrorist attacks on oil facilities and global freedom of trade,” Saba News Agency reported.

“The prime minister provided a detailed report about the latest developments in the national arena and the government's ongoing efforts to handle the economic, services, military and security issues.”

Moreover, Abdulmalik briefed the PLC on policies aimed at maintaining economic, monetary, service and commodity stability, and maintaining the public budget deficit at safe levels, in a way that prevents any side effects on vulnerable social groups.

The PLC, for its part, stressed the importance of “ending monetary distortions in exchange rates, including stopping speculation, depleting reserves of hard currencies, and controlling the value of the national currency, which has achieved relative stability during the last period.”

Also, the PLC “affirmed its support for government policies and moving forward with the implementation of the National Defense Council’s decision to classify the Houthi militia as a terrorist organization.”

The PLC said it will take all measures necessary to dry up funding sources for Houthis, secure national facilities and deter any criminal threats to the interests of citizens.



Beirut’s Southern Suburbs Welcome Residents Amid Ruins, Stray Gunfire

A Lebanese woman passes by the rubble of a building in Beirut's southern suburbs (Reuters)
A Lebanese woman passes by the rubble of a building in Beirut's southern suburbs (Reuters)
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Beirut’s Southern Suburbs Welcome Residents Amid Ruins, Stray Gunfire

A Lebanese woman passes by the rubble of a building in Beirut's southern suburbs (Reuters)
A Lebanese woman passes by the rubble of a building in Beirut's southern suburbs (Reuters)

As autumn rain and celebratory gunfire marked the morning after a ceasefire, residents of Beirut’s southern suburbs returned to their streets. Traffic quickly resumed in the densely populated area, a small sign of normalcy.
But the destruction left by Israeli airstrikes tells a different story. Hundreds of buildings were reduced to rubble, with unofficial estimates putting the number of destroyed structures at 450. Many nearby buildings were also damaged.
While the damage is less than the 720 buildings destroyed in 2006, the wider reach of the strikes this time has left even more structures affected, spreading destruction and hardship across the suburbs.
Destruction marks nearly every street in Beirut’s southern suburbs, where the air carries the stench of burned debris and what locals call “strange chemicals” from Israeli airstrikes.
Abed, a young Syrian guard, was collecting what was left of his belongings after a missile hit three floors of his building. While the structure didn’t collapse, the lower floors were destroyed, cutting off access to the upper ones.
Engineers deemed the building unsafe, and officials will decide whether to repair or demolish it. If torn down, residents will have a brief chance to salvage their belongings.
This story is repeated across the area, where crumbling buildings stand beside others severely damaged.
“Our neighbor’s building collapsed, damaging ours,” said Mohammad Hashim, a 60-year-old resident.
“Our home is unlivable—broken stairs, shattered windows, and winter is here.”
Hashim is renting a temporary apartment for $1,500 a month and expects to stay longer than planned.
Unlike in 2006, when Hezbollah quickly compensated displaced residents, no assistance has been offered yet. Many, like Hashim, are unsure whether to start repairs or wait for help.
Amid the destruction, celebrations continue. Hezbollah distributed flags and banners before the ceasefire, turning the streets into a surreal mix of rubble and “victory” parades. Cars waved flags, even as most residents lacked homes to return to.
Gunfire during the celebrations sent some fleeing for safety. “We survived Israeli missiles, but now their bullets might kill us,” a motorcyclist shouted while speeding away.