Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

The Houthis in Yemen – Who are they and what do they want?

Published

on

The world has witnessed a surge in attacks on ships in the Red Sea by Yemen’s Iran-backed Houthi rebels.

The attacks have raised concerns about who the Houthis are and why they have been attacking maritime targets in the region.

Who Are the Houthis?

The Houthi movement, also known as Ansarallah (Supporters of God), is a key player in the ongoing Yemeni civil war, which has been raging for nearly a decade.

The movement traces its roots back to the 1990s when its leader, Hussein al-Houthi, initiated the “Believing Youth,” a religious revival movement centered around a centuries-old subsect of Shia Islam called Zaidism.

Yemen’s Houthis enter Mideast fray, hardening spillover fears …

The Path to Power

Tensions escalated in 2003 when Saleh backed the United States’ invasion of Iraq, a move opposed by many Yemenis.

Seizing this opportunity, al-Houthi organized mass demonstrations against the government.

After months of turmoil, Saleh issued an arrest warrant for al-Houthi. Although al-Houthi was killed by Yemeni forces in September 2004, his movement continued to grow.

The Houthi military wing expanded, and they eventually took control of the northern province of Saada, calling for an end to the Saleh regime.

Do the Houthis Control Yemen?

After Saleh agreed to hand power to his Vice President Abd-Rabbu Mansour Hadi in 2011, the Houthi movement remained active and dissatisfied with the new government.

In 2014, they launched another offensive, capturing parts of Yemen, including the capital, Sanaa. By early 2015, they had even stormed the presidential palace.

Hadi fled to Saudi Arabia, which launched a military intervention against the Houthis at his request in March 2015.

Who Are Their Allies?

The Houthis are closely aligned with Iran, which began providing support to the group in 2014 as the civil war intensified and Iran’s rivalry with Saudi Arabia grew.

Iran has supplied the Houthis with weapons and technology, including sea mines, ballistic and cruise missiles, and unmanned aerial vehicles.

Houthi Attacks in the Red Sea

While the Houthis may not pose a significant military threat to Israel, their recent attacks on commercial vessels in the Red Sea have caused significant disruptions.

Using drones and anti-ship missiles, they have targeted both Israeli and non-Israeli ships, leading to heightened tensions in the region.

The Importance of the Red Sea

The Red Sea is a critical maritime trade route, connecting the Bab-el-Mandeb straits off Yemen’s coast to the Suez Canal in northern Egypt.

Approximately 12% of global trade and 30% of global container traffic pass through this narrow waterway.

Recent attacks on commercial vessels by the Houthis have raised concerns about the potential impact on the global economy.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Continue Reading

News

Why Australia is becoming the new home of the Hollywood blockbuster

Published

on

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

Continue Reading

News

Portal between countries shut down after international flashing

Published

on

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

Continue Reading

News

U.S. home prices surge 47%

Published

on

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

Continue Reading

Trending Now