Yemen govt accuses Iran of arming Huthis with drones

Yemen govt accuses Iran of arming Huthis with drones

The Arab coalition to restore legitimacy in Yemen declared on Monday that it had destroyed several ballistic missile platforms that were used by the Iran-backed Houthi militias.

"If the Huthis continue targeting industrial or residential facilities, the response will be hard and painful", said coalition spokesman Turki al-Malki, displaying what he claimed were remnants of the intercepted aircraft.

Riyadh said Wednesday it had shot down two drones in the south of the kingdom as well as intercepting ballistic missiles fired from rebel-held parts of Yemen, the latest in a series of similar incidents.

On Sunday evening, the air defense system of the Arab alliance intercepted two ballistic missiles fired by the Houthi militias toward the Yemeni western coastal city of al-Mokha.

It added that Yemen's military did not possess such aircraft and it was "impossible to manufacture them locally".

Yemen govt accuses Iran of arming Huthis with drones
Yemen govt accuses Iran of arming Huthis with drones

Houthi forces launch a ballistic missile towards Saudi Arabia, March 25, 2018.

A major attack targeted Riyadh worldwide airport on November 4, and another strike on December 19 targeted Riyadh's Yamamah palace, the official residence of the king.

The attacks also demonstrate that the stalemate between the Houthis and the Saudi-led coalition which intervened in support of Yemen's embattled President Abdrabbuh Mansur Hadi shows no signs of being broken anytime soon.

Houthis have been controlling much of Yemen's north by force, including the capital Sanaa since 2014.

The United Nations says 10,000 people have died in the fighting.

Related Articles

  • Chemical Bank Has $705000 Position in Heinz (KHC)

    Chemical Bank Has $705000 Position in Heinz (KHC)

    However, The Kraft Heinz Company's stock is still fighting a market battle while taking a promising position on the market lists. A performance measure used to estimate the efficiency of an investment or to compare the ability of some different investments.

    Yum! Brands, Inc. (YUM) Boosted by Evercore ISI to "Outperform"

    Heading into the stock price potential, YUM! The shares were sold at an average price of $68.33, for a total value of $545,683.38. Federated Investors, Inc. (FII) exchanged hands at an unexpectedly high level of 1.62 million shares over the course of the day.
    Boston Scientific Corporation, NYSE:BSX, Diamondback Energy, Inc., NASDAQ:FANG, BSX, FANG

    Boston Scientific Corporation, NYSE:BSX, Diamondback Energy, Inc., NASDAQ:FANG, BSX, FANG

    The firm owned 1,017,823 shares of the medical equipment provider's stock after selling 495,740 shares during the period. TheStreet raised shares of Boston Scientific from a "c+" rating to a "b" rating in a report on Thursday, January 18th.
  • Honeywell (NYSE:HON) Shares Bought by Cetera Investment Advisers

    Honkamp Krueger Financial Services Inc.'s holdings in Honeywell were worth $547,000 at the end of the most recent quarter. Victory holds 0.01% or 43,151 shares. (NASDAQ:CSCO) for 73,670 shares. (NASDAQ:FB). 2,500 were reported by Penbrook Lc.
    Harley-Davidson Inc (HOG) Receives Consensus Rating of

    Harley-Davidson Inc (HOG) Receives Consensus Rating of "Hold" from Analysts

    HOG reached $42.19 on during the last trading session after $0.01 change.Harley-Davidson, Inc. has volume of 1.04 million shares. Jones Paul J also sold $143,047 worth of Harley-Davidson, Inc. (NYSE: HOG ) on Friday, September 30 with "Hold" rating.
    West Ham substitute Carroll snatches late draw against Stoke

    West Ham substitute Carroll snatches late draw against Stoke

    Stoke moves level on points (28) with 18th place Southampton , however, the Potters still sit five points behind Swansea City in the relegation race with four matches to play.
  • IShares MSCI Europe Small-Cap (IEUS) Rises 0.54% for April 16

    On the other side, a stock may be considered to be in a downtrend if trading below the moving average and sloping downward. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements.

    Vanguard Consumer Discretionary ETF (VCR) Declines 0.7% for April 13

    As we run through the next round of company earnings reports, investors will be keeping a close eye on the data that is reported. Buying after a big move to the upside may mean that the investor is essentially paying too much for the stock at those levels.

    As of April, 25 QEP Resources, Inc. (QEP) Analysts See $-0.13 EPS

    Currently Qep Resources (NYSE: QEP)'s shares owned by insiders are 0.9%, whereas shares owned by institutional owners are 95.8%. Following the purchase, the director now directly owns 50,000 shares of the company's stock, valued at approximately $450,000.
  • Novavax (NASDAQ:NVAX) Earns News Sentiment Score of 0.16

    Company has conspicuous measure of stock oscillations; average true range may be heating up this temperature with value of 0.13. A simple moving average is an indicator that calculates the average price of a security over a specified number of periods.
    Intel Corp (INTC) Shareholder Paradigm Financial Advisors LLC Increased Stake

    Intel Corp (INTC) Shareholder Paradigm Financial Advisors LLC Increased Stake

    It increased, as 51 investors sold CSCO shares while 660 reduced holdings. 134 funds opened positions while 676 raised stakes. Several other institutional investors and hedge funds also recently made changes to their positions in the business.

    Analysts' Recommendations Roundup: Eldorado Gold Corp (EGO)

    This volatility expressed as a percentage coefficient within option-pricing formulas, arises from daily trading activities. The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time.