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Head of new Yemeni council promises end to war via peace process

The head of Yemen’s new presidential council said on Friday he would end the seven-year-long war via a peace process, in his first speech since power was delegated to the body by the country’s president this week.

“The leadership council promises the people to end the war and achieve peace through a comprehensive peace process that guarantees the Yemeni people all its aspirations,” Rashad Al-Alimi said in the televised speech.

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President Abed Rabbo Mansour Hadi, who is based in Riyadh, delegated power to the council and dismissed his deputy on Thursday, amid UN-led efforts to revive peace negotiations.

Alimi, who has close ties with both Riyadh and major Yemeni bloc the Islamist Islah party, said in his speech the council would work to deal with “challenges in all areas of Yemen without discrimination, without exception.”

The war has killed tens of thousands, devastated the economy and pushed Yemen to the brink of famine. The conflict is widely seen as a proxy war between Saudi Arabia and Iran. The Iran-backed Houthis say they are fighting a corrupt system and foreign aggression.

Riyadh has urged the council to negotiate with the Houthis under UN auspices “for a final and comprehensive solution.”

There was no immediate Houthi response to Alimi’s speech.

Houthi chief negotiator Mohammed Abdulsalam responded to the formation of the council on Thursday by calling the move a farce and a “desperate attempt to restructure the ranks of mercenaries to push them towards further escalation.”

Saudi Arabia announced $3 billion in financial aid to the Yemeni government after Hadi’s announcement.

Gulf Cooperation Council ministers have expressed their support for the council and starting negotiations with Houthis under UN supervision “to reach a final and comprehensive political solution.”

Yemen’s warring sides have agreed on a two-month truce that began last Saturday.

Read more: A look at Yemen’s new presidential leadership council and its powers

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Russia targets Kyiv with largest drone attack on Ukrainian capital ahead of Kyiv Day


Russia unleashed waves of air strikes on Kyiv overnight in what officials said appeared to be the largest drone attack on the city since the start of the war, as the Ukrainian capital prepared to celebrate the anniversary of its founding on Sunday.
Ukraine’s Air Force said it downed 52 out of the 54 Russia-launched drones, calling it a record attack with the Iranian-made ‘kamikaze’ drones. It was not immediately clear how many of the drones were shot over Kyiv.
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In what also appears to be the first deadly attack on Kyiv in May and the 14th assault this month, falling debris killed a 41-year-old man, Mayor Vitali Klitschko said.
The pre-dawn attacks came on the last Sunday of May when the capital celebrates Kyiv Day, the anniversary of its official founding 1,541 years ago. The day is typically marked by street fairs, live concerts and special museum exhibitions – plans for which have been made this year too, but on a smaller scale.
“The history of Ukraine is a long-standing irritant for the insecure Russians,” Andriy Yermak, the head of President Volodymyr Zelenskyy’s office, said on his Telegram channel.
Air Force said on Telegram that Russia had targeted military and critical infrastructure facilities in the central regions of Ukraine, and the Kyiv region in particular.
Reuters was unable to independently verify the information.
With a Ukrainian counteroffensive looming 15 months into the war, Moscow has intensified air strikes after a lull of nearly two months, targeting chiefly military site and supplies. Waves of attacks now come several times a week.
The Sunday attacks came after Kyiv said that combat clashes eased around the besieged city of Bakhmut in southeastern Ukraine, the site of the war’s longest battle.
Serhiy Popko, the head of Kyiv’s military administration, said the attack was carried out in several waves, and air alerts lasted more than five hours.
“Today, the enemy decided to ‘congratulate’ the people of Kyiv on Kyiv Day with the help of their deadly UAVs [unmanned aerial vehicles],” Popko said on the Telegram messaging channel.
Several districts of Kyiv, by far the largest Ukrainian city with a population of around 3 million, suffered in the overnight attacks, officials said, including the historical Pecherskyi neighborhood.
Reuters witnesses said that during the air raid alerts that started soon after midnight, many people stood on their balconies, some screaming offensives directed at Russia’s President Vladimir Putin and “Glory to air defense” slogans.
In the leafy Holosiivskyi district in the southwestern part of Kyiv, falling debris set a three-story warehouse on fire, destroying about 1,000 square meters (10,800 square feet) of building structures, Mayor Klitschko said.
A fire broke out after falling drone debris hit a seven-story non-residential building in the Solomyanskyi district west of the city. The district is a busy rail and air transport hub.
In the Pecherskyi district, a fire broke out on the roof of a nine-story building due to falling drone debris, and in the Darnytskyi district a shop was damaged, Kyiv’s military administration officials said on Telegram.
Read more:

Iran says Ukraine president drone criticism aims to attract more arms, aid from West
Russia will not win Ukraine war, ‘bloody’ days ahead: Top US general
Ukraine secures release of 106 soldiers in prisoner exchange with Russia: Kyiv

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US President Biden, House Speaker McCarthy reach tentative debt ceiling deal


US President Joe Biden and top congressional Republican Kevin McCarthy reached a tentative deal to suspend the federal government’s $31.4 trillion debt ceiling on Saturday evening, ending a months-long stalemate.
However, the deal was announced without any celebration, in terms that reflected the bitter tenor of the negotiations and the difficult path it has to pass through Congress before the United States runs out of money to pay its debts in early June.
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“I just got off the phone with the president a bit ago. After he wasted time and refused to negotiate for months, we’ve come to an agreement in principle that is worthy of the American people,” McCarthy tweeted.
Biden called the deal “an important step forward” in a statement, saying: "The agreement represents a compromise, which means not everyone gets what they want. That’s the responsibility of governing.”
The deal would suspend the debt limit through January of 2025, while capping spending in the 2024 and 2025 budgets, claw back unused COVID-19 funds, speed up the permitting process for some energy projects and includes some extra work requirements for food aid programs for poor Americans.
After months of back-and-forth, the tentative agreement came together in a flurry of calls. Biden and McCarthy held a 90-minute phone call earlier on Saturday evening to discuss the deal, McCarthy briefed his members later in the evening, and the White House and the House leader spoke afterward.
“We still have more work to do tonight to finish the writing of it,” McCarthy told reporters on Capitol Hill. McCarthy said he expects to finish writing the bill on Sunday, then speak to Biden and have a vote on the deal on Wednesday.
Biden and McCarthy have to carefully thread the needle in finding a compromise that can clear the House, with a 222-213 Republican majority, and Senate, with a 51-49 Democratic majority — meaning it will need bipartisan support before the president can sign it.
Negotiators have agreed to cap non-defense discretionary spending at 2023 levels for one year and increase it by 1 percent in 2025, a source familiar with the deal said.
“It has historic reductions in spending, consequential reforms that will lift people out of poverty into the workforce, rein in government overreach – there are no new taxes, no new government programs,” McCarthy said.
The deal will avert an economically destabilizing default, so long as it succeeds in passing it through the narrowly divided Congress before the Treasury Department runs short of money to cover all its obligations, which it warned on Friday will occur if the debt ceiling issue was not resolved by June 5.
Republicans who control the House of Representatives have pushed for steep cuts to spending and other conditions, and were sharply critical of the deal as early details were reported.
Republican Representative Bob Good, a member of the conservative House Freedom Caucus, tweeted that he was hearing the deal would raise the debt by $4 trillion, and added “IF that is true, I don’t need to hear anything else. No one claiming to be a conservative could justify a YES vote.”
North Carolina’s Dan Bishop described the deal earlier Saturday as “utter capitulation in progress. By the side holding the cards.”
One high-ranking member of the House Freedom Caucus said they were in the process of gauging member sentiment, and unsure what the vote numbers might be.

Taxes vs spending cuts

Republicans say they want to cut spending to slow the growth of the US debt, which is now roughly equal to the annual output of the country’s economy. Biden and Democrats have pushed to increase taxes on the wealthy and companies to shrink the debt while increasing spending on programs like free community college.
The long standoff on raising the debt ceiling spooked financial markets, weighing on stocks and forcing the United States to pay record-high interest rates in some bond sales. A default would take a far heavier toll, economists say, likely pushing the nation into recession, shaking the world economy and leading to a spike in unemployment.
Biden for months refused to negotiate with McCarthy over future spending cuts, demanding that lawmakers first pass a “clean” debt-ceiling increase free of other conditions, and present a 2024 budget proposal to counter his budget issued in March.
Two-way negotiations between Biden and McCarthy began in earnest on May 16.
The work to raise the debt ceiling is far from done. McCarthy has vowed to give House members 72 hours to read the legislation before bringing it to the floor for a vote.
That will test whether enough moderate members support the compromises in the bill to overcome opposition from both hard-right Republicans and progressive Democrats to reach a simple majority vote.
Then it will need to pass the Senate, where it will need at least nine Republican votes to succeed. There are numerous opportunities in each chamber along the way to slow down the process.
Read more:
The US debt ceiling recurringly threatens world economic stability
White House calls debt negotiations with Republicans ‘productive’
US debt ceiling standoff ‘unnecessary’ for world economy: IMF head

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Voting starts in Turkey’s presidential election runoff


Voting starts in Turkey’s presidential election runoff, Reuters reports.
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