Political Risk

Yemen’s Houthis form government in setback to peace process

“Yemen’s armed Houthi movement and its political allies formed a new government on Monday, the Houthi-run state news agency Saba reported, in what appeared a blow to U.N.-backed efforts to end 20 months of war in the country. Diplomats had hoped the Houthis, who control the capital Sanaa, would hold off on putting together a cabinet of their loyalists and instead form a unity government with their Yemeni foes, whom they pushed into Saudi exile.”

Source: Yemen’s Houthis form government in setback to peace process | Reuters

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