PressTV-Hadi sells foreign exchange reserves in Aden
Yemen's President Abd Rabbuh Mansur Hadi, who has resigned and fled the capital, has begun to sell the foreign exchange reserves in Aden’s central bank following his failure to pay the employees’ salaries.
According to Yemen’s Yemenat news website, Aden’s central bank has announced the selling of the US dollar reserves to Yemen’s exchange companies, banks, merchants and commercial corporations.
The news comes as the employees of Aden refinery went on strike on Wednesday for not being paid. According to an agreement between the syndicate of the refinery’s workers and local authorities, part of the salaries should have been paid.
(fighting their way into bankruptcy... The Yemenis have been fighting each other even before Yemen exsisted. Good for business, not good for civilians. I'm so old I remember when there were 2 Yemens! )
Yemen's President Abd Rabbuh Mansur Hadi, who has resigned and fled the capital, has begun to sell the foreign exchange reserves in Aden’s central bank following his failure to pay the employees’ salaries.
According to Yemen’s Yemenat news website, Aden’s central bank has announced the selling of the US dollar reserves to Yemen’s exchange companies, banks, merchants and commercial corporations.
The news comes as the employees of Aden refinery went on strike on Wednesday for not being paid. According to an agreement between the syndicate of the refinery’s workers and local authorities, part of the salaries should have been paid.
(fighting their way into bankruptcy... The Yemenis have been fighting each other even before Yemen exsisted. Good for business, not good for civilians. I'm so old I remember when there were 2 Yemens! )