This is a Yemen news story, published by ABC News, that relates primarily to Houthi news.
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YemenisABC News
•83% Informative
The rivalry over the banks is throwing Yemen ’s financial system into deeper turmoil.
Already, the Houthis who control the north and center of the country and the government running the south use different currency notes with different exchange rates.
The escalating money divide is eroding the value of Yemen 's currency, the riyal.
The dispute could escalate to the point that banks in Houthi -run areas are barred completely from international financial transactions.
Since March , depositors in Houthi-run areas have been unable to pull money out of their accounts.
The government’s revenues have been hit hard ever since Houthi attacks on oil ports forced a halt in oil exports.
The central bank in Sanaa hasn't announced any formal restrictions, but several economists say it has informally stopped releasing funds that individual banks have put in its coffers.
VR Score
86
Informative language
86
Neutral language
70
Article tone
formal
Language
English
Language complexity
61
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
2
Affiliate links
no affiliate links