Yemen crisis ‘deeply volatile and unpredictable,’ UN special envoy tells Security Council

UN Special Envoy for Yemen Hans Grundberg is seen on a screen during a meeting of the United Nations Security Council about the situation in the Middle East on July 9, 2025. (Reuters)
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Updated 09 July 2025
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Yemen crisis ‘deeply volatile and unpredictable,’ UN special envoy tells Security Council

  • Condemnation of renewed Houthi attacks on Red Sea shipping, the first for 7 months
  • Humanitarian chief warns of 17m people going hungry in the country

NEW YORK CITY: The UN Security Council convened on Wednesday for a briefing on the escalating conflict and humanitarian crisis in Yemen, amid growing concerns about regional instability and the resumption of Houthi attacks on commercial shipping in the Red Sea.

The UN’s special envoy for Yemen, Hans Grundberg, described the present period as “deeply volatile and unpredictable,” while noting that there were some fragile hopes for a deescalation following the recent ceasefire agreement between Iran and Israel. 

However, he cautioned that the Houthis continue to launch missile attacks against Israel, and recently targeted two commercial vessels in the Red Sea, resulting in civilian casualties and potential environmental damage. They were the first such assaults on international shipping in more than seven months.

“These attacks threaten freedom of navigation and risk dragging Yemen further into regional crises,” Grundberg warned, as he underscored the imperative need to safeguard civilian infrastructure and maintain stability in the country.

He emphasized that while the front lines in the Yemen conflict have largely held, military activity persists across several governorates, with troop movements suggesting an appetite for escalation among some factions.

Grundberg urged all parties involved in the conflict to demonstrate a genuine commitment to peace, including the release of all conflict-related detainees, a process that has been stalled for more than a year.

He also highlighted the dire economic situation in the country, describing it as the “most active front line” of the conflict, with currency devaluation and worsening food insecurity pushing millions toward famine.

In a call for practical cooperation, Grundberg praised recent developments such as the reopening of Al-Dhalea Road, which he said has eased movement and improved economic activity. He urged both sides to build on such progress to restore salaries, services and oil production.

The UN’s under-secretary-general for humanitarian affairs, Tom Fletcher, briefed council members on the accelerating food-security crisis in the country.

“More than 17 million people are going hungry in Yemen, with numbers expected to rise to over 18 million by September,” he said, highlighting the threat to more than a million malnourished children under the age of 5.

Despite funding shortfalls, Fletcher said progress had been made in controlling cholera outbreaks and scaling up nutritional treatments, with more than 650,000 children receiving life-saving aid.

He also cited local-level agreements in Taiz governorate for the joint management of water supplies, and the reopening of a key road between Aden and Sanaa that is facilitating civilian and commercial transport for the first time in seven years.

However, he stressed the urgent need for increased funding of relief efforts, and called for the immediate release of detained UN workers and employees of nongovernmental organizations, echoing Grundberg’s demands.

The US Ambassador to the UN, Dorothy Shea, condemned the recent Houthi attacks on shipping in the Red Sea, including the sinking of the cargo vessel Magic Seas, describing them as “destabilizing” and a violation of freedom of navigation.

She urged the Security Council to renew calls for transparency regarding Houthi attacks on commercial vessels, and reaffirmed the US position in support of Israel’s right to self-defense against Houthi missile and drone attacks. She also condemned the continuing detention by the Houthis of UN and NGO workers and called for their immediate, unconditional release.

“The United States remains committed to depriving the Houthis of resources that sustain their terrorist actions,” she said, stressing that any assistance provided to the Houthis constituted a violation of US law as a result of the group’s designation by Washington as a Foreign Terrorist Organization.

In addition, Shea called for the termination of the UN Mission to Support the Hudaydah Agreement, which she described as outdated and ineffective. Established following the 2018 Stockholm Agreement between the Yemeni government and the Houthis, the role of the mission has been to monitor the ceasefire agreement in the port city of Hodeidah (the UN uses an alternative spelling of the city’s name), oversee the redeployment of forces, monitor ports to ensure they are used for civilian purposes, and facilitate coordination between stakeholders in Yemen, including UN agencies.


Lebanon approves financial gap draft law despite opposition from Hezbollah and Lebanese Forces

Lebanon's Prime Minister Nawaf Salam speaking during a press conference after a cabinet session in Beirut on December 26, 2025.
Updated 21 min 28 sec ago
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Lebanon approves financial gap draft law despite opposition from Hezbollah and Lebanese Forces

  • Legislation aims to address the fate of billions of dollars in deposits that have been inaccessible to Lebanese citizens during the country’s financial meltdown

BEIRUT: Lebanon’s Cabinet on Friday approved a controversial draft law to regulate financial recovery and return frozen bank deposits to citizens. The move is seen as a key step in long-delayed economic reforms demanded by the International Monetary Fund.

The decision, which passed with 13 ministers voting in favor and nine against, came after marathon discussions over the so-called “financial gap” or deposit recovery bill, stalled for years since the banking crisis erupted in 2019. The ministers of culture and foreign affairs were absent from the session.

The legislation aims to address the fate of billions of dollars in deposits that have been inaccessible to Lebanese citizens during the country’s financial meltdown.

The vote was opposed by three ministers from the Lebanese Forces Party, three ministers from Hezbollah and the Amal Movement, as well as the minister of youth and sports, Nora Bayrakdarian, the minister of communications, Charles Al-Hajj, and the minister of justice, Adel Nassar.

Finance Minister Yassin Jaber broke ranks with his Hezbollah and Amal allies, voting in favor of the bill. He described his decision as being in line with “Lebanon’s supreme financial interest and its obligations to the IMF and the international community.”

The draft law triggered fierce backlash from depositors who reject any suggestion they shoulder responsibility for the financial collapse. It has also drawn strong criticism from the Association of Banks and parliamentary blocs, fueling fears the law will face intense political wrangling in Parliament ahead of elections scheduled in six months.

Prime Minister Nawaf Salam confirmed the Cabinet had approved the bill and referred it to Parliament for debate and amendments before final ratification. Addressing public concerns, he emphasized that the law includes provisions for forensic auditing and accountability.

“Depositors with accounts under $100,000 will be repaid in full with interest and without any deductions,” Salam said. “Large depositors will also receive their first $100,000 in full, and the remainder will be issued as negotiable bonds backed by the assets of the Central Bank, valued at around $50 billion.”

He said further that bondholders will receive an initial 2 percent payout after the first tranche of repayments is completed.

The law also includes a clause requiring criminal accountability. “Anyone who smuggled funds abroad or benefited from unjustified profits will be fined 30 percent,” Salam said.

He emphasized that Lebanon’s gold reserves will remain untouched. “A clear provision reaffirms the 1986 law barring the sale or mortgaging of gold without parliamentary approval,” he said, dismissing speculation about using the reserves to cover financial losses.

Salam admitted that the law was not perfect but called it “a fair step toward restoring rights.”

“The banking sector’s credibility has been severely damaged. This law aims to revive it by valuing assets, recapitalizing banks, and ending Lebanon’s dangerous reliance on a cash economy,” he said. “Each day of delay further erodes people’s rights.”

While the Association of Banks did not release an immediate response after the vote, it previously argued during discussions that the law would destroy remaining deposits. Bank representatives said lenders would struggle to secure more than $20 billion to cover the initial repayment tier and accused the state of absolving itself of responsibility while effectively granting amnesty for decades of financial mismanagement and corruption.

The law’s fate now rests with Parliament, where political competition ahead of the 2025 elections could complicate or delay its passage.

Lebanon’s banking sector has been at the heart of the country’s economic collapse, with informal capital controls locking depositors out of their savings and trust in state institutions plunging. International donors, including the IMF, have made reforms to the sector a key condition for any financial assistance.