AGP Executive Report
Last update: 10 hours agoYemen’s Economy Under Strain: The World Bank warns Yemen’s real GDP fell 1.5% in 2025 and could drop another 0.5% in 2026, with blocked oil exports, weak demand, and humanitarian funding down to 28% of needs. Food Prices Rising: After Strait of Hormuz disruptions and higher shipping costs, Yemen’s government says import approvals are getting harder, and it imposed temporary 20% countervailing measures on flour and bottled water to protect strategic reserves. Regional Pressure on Yemen: Iran-aligned Houthis again claimed they shot down a US MQ-9 Reaper drone over Marib, as Iran and the US trade threats over Hormuz. Eid Life in Yemen: Sana’a reported traffic police deployments to keep Eid al-Adha travel safe, while local authorities in Sana’a, Al-Hudaydah, Marib, and Al-Dhale’e held Eid festivals and visited fighters to boost morale. Diplomatic Mourning: The UAE sent condolences to Yemen’s Presidential Leadership Council after the death of former President Abd-Rabbu Mansour Hadi.
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