May 4, 2025 - 15:10
Yemen has officially named Salem bin Buraik, the country's finance chief, as the new Prime Minister following the resignation of Ahmed Bin Mubarak. Bin Mubarak stepped down due to ongoing power disputes within the government, highlighting the internal divisions that have plagued Yemen’s leadership.
The appointment of bin Buraik is seen as a strategic move to stabilize the government and address the pressing challenges facing the nation. Yemen has been embroiled in conflict for several years, leading to a humanitarian crisis that has left millions in need of assistance. The new Prime Minister is expected to focus on economic recovery and rebuilding trust among various factions within the government.
As bin Buraik takes the helm, there are hopes that his experience in finance will help navigate the country through its current economic difficulties. The new leadership may also play a crucial role in fostering unity and cooperation among competing political groups in Yemen.
August 8, 2025 - 01:34
US Stock Market Sees Mixed Results Amid Tariff ImplementationUS stocks experienced a mixed day of trading as President Trump suggested potential tariff exemptions for the semiconductor industry while new tariffs took effect. The Dow Jones Industrial Average...
August 7, 2025 - 12:29
New Impact Report Showcases the Growth and Influence of the CDFI MovementOpportunity Finance Network has unveiled its 2023–2024 Impact Report, titled `Made by History. Made for this Moment.` This comprehensive publication highlights the significant progress and...
August 6, 2025 - 18:02
Mayor's Independent Candidacy Faces Setback in Matching Funds ApplicationThe mayor, now running as an independent candidate, has encountered a significant hurdle in his campaign after the Campaign Finance Board rejected his bid for matching public funds. This setback...
August 6, 2025 - 01:09
Trump Dismisses Five Members of Puerto Rico's Financial Oversight BoardIn a significant move, the administration has announced the dismissal of five members from Puerto Rico`s financial oversight board. A White House official stated that the decision was driven by...