A victory by the Houthi rebels in Yemen’s Marib province could cause a mass departure of 500,000 people and huge government losses in oil and gas revenue, an aid group said on Monday.
A study by the humanitarian analytics group Acaps rated the chances of the Houthis gaining full control of Marib city and province as “unlikely but possible”, and said defeat would be disastrous for the internationally recognised government.
The Iran-backed rebels in February increased efforts to seize Marib, the government’s last stronghold in northern Yemen, and fighting has intensified in recent days there and in nearby Al Bayda province.
A Houthi win in Marib could “tip the balance” in Yemen’s nearly seven-year war, Acaps said.
“Taking control of the city and of oil and gas facilities would provide significant additional income to the Houthis, while ridding the internationally recognised government of its last foothold in the north, resulting in additional humanitarian needs,” the 12-page report said.
Houthi gains in Marib city and nearby areas would force 500,000 more people from their homes, including many Yemenis who were displaced from other parts of the country in previous bouts of conflict.
Seizing Marib’s oil and gas centres would earn the Houthis as much as $5.5 million from in revenue each day, researchers said, while the government would lose more than $19.5m each month in crude sales.
Worse still, the Houthis would probably divert energy to areas under their control and the government would have to import more fuel and gas to cover local demand, adding pressure to foreign currency reserves, hurting the Yemeni rial and driving up food prices.
Yemeni government troops and allied tribesmen have vowed to defend Marib and are backed by an Arab coalition led by Saudi Arabia, which intervened in Yemen in 2015. Both sides have sent reinforcements to Marib and hundreds have been killed.
Ahmed Al Humayqani, deputy governor of Al Bayda province, told AFP on Sunday that the Houthis had seized control of two districts in his province, forcing about 80 per cent of residents there to flee.
Mr Al Humayqani said the districts “fell without a major military confrontation” and he urged aid “organisations to intervene urgently to help alleviate people’s suffering”.
Last month Martin Griffiths, then the UN’s envoy to Yemen, said Marib was “of huge importance” but would not necessarily determine the outcome of the conflict.
“I don't think a [Houthi victory in Marib] leads to the complete erosion of the government,” Mr Griffiths said in answer to a question from The National.
“It’ll be another battle lost, but there are a lot of resources and forces sadly enough who can yet fight battles.”
UN spokesman Farhan Haq said on Monday that heavy rains and “serious flooding” were adding to Yemen's misery in parts of Hodeidah, Al Jawf and Sanaa as aid workers worked to provide locals with shelter, food, water and essential household items.
“More rain and storms are expected in much of the country over the next 24 hours, including medium to heavy rainfall in flood-prone areas, including in Taez governorate,” Mr Haq said.
Conflict flared in Yemen in 2014 when Iran-backed Houthi rebels overran the capital Sanaa and early the next year drove out the country's internationally recognised leadership.
The following year, Saudi Arabia led a military intervention to restore the ousted government.
The war has forced millions of Yemenis to flee their homes, claimed hundreds of thousands of lives and ruined the economy.
Four fifths of Yemenis rely on aid in what the UN calls the world's worst humanitarian crisis.
Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg
Ms Yang's top tips for parents new to the UAE
- Join parent networks
- Look beyond school fees
- Keep an open mind
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
The specs
Engine: 2.0-litre four-cylinder turbo
Power: 268hp at 5,600rpm
Torque: 380Nm at 4,800rpm
Transmission: CVT auto
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Price: from Dh195,000
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
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The Voice of Hind Rajab
Starring: Saja Kilani, Clara Khoury, Motaz Malhees
Director: Kaouther Ben Hania
Rating: 4/5
Get Out
Director: Jordan Peele
Stars: Daniel Kaluuya, Allison Williams, Catherine Keener, Bradley Whitford
Four stars
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Need to know
When: October 17 until November 10
Cost: Entry is free but some events require prior registration
Where: Various locations including National Theatre (Abu Dhabi), Abu Dhabi Cultural Center, Zayed University Promenade, Beach Rotana (Abu Dhabi), Vox Cinemas at Yas Mall, Sharjah Youth Center
What: The Korea Festival will feature art exhibitions, a B-boy dance show, a mini K-pop concert, traditional dance and music performances, food tastings, a beauty seminar, and more.
For more information: www.koreafestivaluae.com
Explainer: Tanween Design Programme
Non-profit arts studio Tashkeel launched this annual initiative with the intention of supporting budding designers in the UAE. This year, three talents were chosen from hundreds of applicants to be a part of the sixth creative development programme. These are architect Abdulla Al Mulla, interior designer Lana El Samman and graphic designer Yara Habib.
The trio have been guided by experts from the industry over the course of nine months, as they developed their own products that merge their unique styles with traditional elements of Emirati design. This includes laboratory sessions, experimental and collaborative practice, investigation of new business models and evaluation.
It is led by British contemporary design project specialist Helen Voce and mentor Kevin Badni, and offers participants access to experts from across the world, including the likes of UK designer Gareth Neal and multidisciplinary designer and entrepreneur, Sheikh Salem Al Qassimi.
The final pieces are being revealed in a worldwide limited-edition release on the first day of Downtown Designs at Dubai Design Week 2019. Tashkeel will be at stand E31 at the exhibition.
Lisa Ball-Lechgar, deputy director of Tashkeel, said: “The diversity and calibre of the applicants this year … is reflective of the dynamic change that the UAE art and design industry is witnessing, with young creators resolute in making their bold design ideas a reality.”
TRAP
Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue
Director: M Night Shyamalan
Rating: 3/5
Blackpink World Tour [Born Pink] In Cinemas
Starring: Rose, Jisoo, Jennie, Lisa
Directors: Min Geun, Oh Yoon-Dong
Rating: 3/5
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SPECS
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Sholto Byrnes on Myanmar politics