WASHINGTON: The United States unveiled sanctions Thursday on a Yemen bank, including its key leaders, citing its support for Houthi militants in that country.
The designation of the International Bank of Yemen (IBY) complements a government effort “to stop Iran-backed Houthi attacks against commercial shipping in the Red Sea,” said the US Treasury Department.
Houthi forces launched an armed rebellion in 2014 after years of protesting discrimination and marginalization, seizing control of the capital Sanaa and other several provinces.
Since November 2023, Houthi forces have targeted shipping lanes using missiles and drones in what they say is solidarity with Palestinians in Gaza, where a brutal war has raged since October that year.
“Financial institutions like IBY are critical to the Houthis’ efforts to access the international financial system and threaten both the region and international commerce,” said Deputy Treasury Secretary Michael Faulkender in a statement.
The official said the US government was “committed to working with the internationally recognized government of Yemen.”
Thursday’s action follows a designation in January of the Yemen Kuwait Bank for Trade and Investment.
In a separate statement, the US State Department added that Washington was “committed to disrupting Houthi financial networks and banking access.”
Besides the IBY, key leaders targeted in Thursday’s actions are Kamal Hussain Al Jebry, Ahmed Thabit Noman Al-Absi and Abdulkader Ali Bazara, the Treasury Department said.
As a result of sanctions, property and interests in property of designated individuals in the United States are blocked and must be reported.
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US imposes sanctions on Yemen bank, citing support to Houthis
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US imposes sanctions on Yemen bank, citing support to Houthis
- US State Department said Washington was 'committed to disrupting Houthi financial networks and banking access'
Taiwan says Chinese drone made ‘provocative’ flight over South China Sea island
TAIPEI: A Chinese reconnaissance drone briefly flew over the Taiwan-controlled Pratas Islands at the top end of the South China Sea on Saturday, in what Taiwan’s defense ministry called a “provocative and irresponsible” move.
Democratically governed Taiwan, which China claims as its own territory, reports Chinese military activity around it on an almost daily basis, including drones though they very rarely enter Taiwanese airspace.
Taiwan’s defense ministry said the Chinese reconnaissance drone was detected around dawn on Saturday approaching the Pratas Islands and flew in its airspace for eight minutes at an altitude outside the range of anti-aircraft weapons.
“After our side broadcast warnings on international channels, it departed at 0548,” it said in a statement.
“Such highly provocative and irresponsible actions by the People’s Liberation Army seriously undermine regional peace and stability, violated international legal norms, and will inevitably be condemned,” it added.
Taiwan’s armed forces will continue to maintain strict vigilance and monitoring, and will respond in accordance with the routine combat readiness rules, the ministry said.
Calls to China’s defense ministry outside of office hours on a weekend went unanswered.
In 2022, Taiwan’s military for the first time shot down an unidentified civilian drone that entered its airspace near an islet off the Chinese coast controlled by Taiwan.
Lying roughly between southern Taiwan and Hong Kong, the Pratas are seen by some security experts as vulnerable to Chinese attack due to their distance — more than 400 km (250 miles) — from mainland Taiwan.
The Pratas, an atoll which is also a Taiwanese national park, are only lightly defended by Taiwan’s military, but lie at a highly strategic location at the top end of the disputed South China Sea.
China also views the Pratas as its own territory.
Taiwan’s government rejects Beijing’s sovereignty claims.
Democratically governed Taiwan, which China claims as its own territory, reports Chinese military activity around it on an almost daily basis, including drones though they very rarely enter Taiwanese airspace.
Taiwan’s defense ministry said the Chinese reconnaissance drone was detected around dawn on Saturday approaching the Pratas Islands and flew in its airspace for eight minutes at an altitude outside the range of anti-aircraft weapons.
“After our side broadcast warnings on international channels, it departed at 0548,” it said in a statement.
“Such highly provocative and irresponsible actions by the People’s Liberation Army seriously undermine regional peace and stability, violated international legal norms, and will inevitably be condemned,” it added.
Taiwan’s armed forces will continue to maintain strict vigilance and monitoring, and will respond in accordance with the routine combat readiness rules, the ministry said.
Calls to China’s defense ministry outside of office hours on a weekend went unanswered.
In 2022, Taiwan’s military for the first time shot down an unidentified civilian drone that entered its airspace near an islet off the Chinese coast controlled by Taiwan.
Lying roughly between southern Taiwan and Hong Kong, the Pratas are seen by some security experts as vulnerable to Chinese attack due to their distance — more than 400 km (250 miles) — from mainland Taiwan.
The Pratas, an atoll which is also a Taiwanese national park, are only lightly defended by Taiwan’s military, but lie at a highly strategic location at the top end of the disputed South China Sea.
China also views the Pratas as its own territory.
Taiwan’s government rejects Beijing’s sovereignty claims.
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