The Houthi-controlled parliament in Sana’a passed a controversial law banning “usurious transactions” on March 21. Houthi authorities pushed the House of Representatives to prohibit interest-based transactions in Yemen’s banking sector after rejecting amendments proposed by the body’s joint legal committee. The law could have disastrous effects on Yemen’s economy, exacerbating its isolation and deterioration and discouraging investment. Parliamentarians appeared pressured…

March witnessed increased clashes on fronts across the country, with Houthi forces making gains in southern Marib and along the Al-Bayda-Shabwa border. Heavy fighting between Houthi and mainly Southern Transitional Council (STC) forces in Al-Dhalea claimed dozens of casualties. Southern Hudaydah continued to see clashes between the Houthis and the Joint Forces, during which Houthi forces carried out regular explosives-laden…

After weeks of little movement, the bilateral Saudi-Houthi talks appear to be headed toward agreement on a comprehensive ceasefire, though resolution of longstanding issues remains elusive. At month’s end, Saudi Arabia organized a meeting in Riyadh, framed officially as Presidential Leadership Council (PLC) President Rashad Al-Alimi summoning the leading figures of his government. After the Saudis met individually with each…

Sana’a Center Chairperson Maged al-Madhaji and Yemen International Forum (YIF) Director Waleed Alhariri concluded a regional tour on March 15 that included visits to Abu Dhabi, Riyadh, and Muscat for talks with officials on the latest developments in Yemen and to the Sana’a Center’s preparations for the second YIF set to be held in June. The trip included meetings and…

Ongoing bilateral talks between Saudi Arabia and the armed Houthi movement have renewed optimism that a negotiated political settlement in Yemen might yet be possible. But the talks are an exclusively Saudi initiative and threaten to serve only the narrow interests of their current participants. To date, their primary effect has been the easing of restrictions on imports to Hudaydah,…

Reports of bilateral peace talks between Saudi Arabia and the armed Houthi movement have been trickling out since last October, and their recent confirmation in media reports has fueled widespread optimism and speculation. The talks should be welcomed as a step toward ending Yemen’s disastrous war. But to establish a lasting peace, they must quickly expand to include representation of…

Hadramawt witnessed growing tensions in January, as protesters affiliated with the Southern Transitional Council (STC) demonstrated in the streets of Seyoun, demanding the replacement of Islah-affiliated 1st Military Region forces with locally recruited fighters. But the STC faced pushback for its unbridled efforts to extend its influence into the governorate. Powerful tribal blocs ordered them to leave, calling them a…