Yemen’s federal deal a positive step forward


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Almost 20 years on from the 1994 civil war between the north and the south of Yemen, southerners are celebrating an agreement pledging a “just solution” to the still-burning question of southern autonomy.

Some southerners, that is. For while the agreement, signed on Monday as part of the GCC-brokered transition, was agreed by most of the political parties in the National Dialogue, there are still factions that feel it does not go far enough.

The proposal is the beginning of a deal to resolve the “southern question” that has become the most important political question in the country since the removal last year of the former president Ali Abdullah Saleh. The southern part of the country, which was separate until the 1990 union, has chafed under the rule of the more populous and tribal north. Since the removal of Mr Saleh, southerners have pushed for autonomy and even secession.

This agreement, then, is welcome, as a way to resolve the thorniest issue of the National Dialogue. Devolving power to the south makes political and economic sense. Southerners claim to have been neglected over the last two decades and hope that, with more autonomy, they would be freer to utilise the (dwindling) oil resources, most of which are in the south, as well as develop the once-thriving port in Aden.

Yet, there are many unresolved questions. Precisely what kind of federal system has not yet been agreed. Southerners would prefer two states, north and south, similar to the historic divisions between the regions. Northerners have suggested there should be more states, perhaps as many as six. Each have problems: with two states, there is a chance that the South may eventually seek to break away completely. But with more states, the restive far north, where Houthi rebels have staged a long-running insurgency, may seek to break away.

It is also unclear what might happen to the military, which is needed in the south to combat the incursions of Al Qaeda.

But as a step forward, this agreement paves the way for a better settlement of a long-running issue. If done sensibly, and with appropriate political structures and true power sharing, it could put Yemen back on track. That is something the entire country badly needs and a development its neighbours would loudly applaud.

SERIE A FIXTURES

Saturday

AC Milan v Sampdoria (2.30pm kick-off UAE)

Atalanta v Udinese (5pm)

Benevento v Parma (5pm)

Cagliari v Hellas Verona (5pm)

Genoa v Fiorentina (5pm)

Lazio v Spezia (5pm)

Napoli v Crotone (5pm)

Sassuolo v Roma (5pm)

Torino v Juventus (8pm)

Bologna v Inter Milan (10.45pm)

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Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

Champions parade (UAE timings)

7pm Gates open

8pm Deansgate stage showing starts

9pm Parade starts at Manchester Cathedral

9.45pm Parade ends at Peter Street

10pm City players on stage

11pm event ends

Match info

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Serbia 1
Kolarov (56')

Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

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Race card

1.30pm: Handicap (PA) Dh 50,000 (Dirt) 1,400m

2pm: Handicap (TB) Dh 84,000 (D) 1,400m

2.30pm: Maiden (TB) Dh 60,000 (D) 1,200m

3pm: Conditions (TB) Dh 100,000 (D) 1.950m

3.30pm: Handicap (TB) Dh 76,000 (D) 1,800m

4pm: Maiden (TB) Dh 60,000 (D) 1,600m

4.30pm: Handicap (TB) Dh 68,000 (D) 1,000m

'The worst thing you can eat'

Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.

Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines: 

Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.

Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.

Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.

Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.

Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.

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Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5