Exiled Yemeni President Abdrabbuh Mansour Hadi Steps Down

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Exiled Yemeni President Abdrabbuh Mansour Hadi Steps Down
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Abdrabbuh Mansour Hadi, the internationally-recognized president of Yemen driven from its capital by the Iran-backed Houthi insurgency in 2015, effectively stepped down on Thursday by ceding his powers to a new presidential leadership council.

behind the scenes to hold the fractious coalitions of the Yemeni government-in-exile together.

The council will wield the powers of both the presidency and vice-presidency until new elections are held, expressly including the power to negotiate a peace agreement with the Houthis. Hadi made his announcement from Riyadh, Saudi Arabia, where he has lived in exile since the Houthi coup. Saudi Crown Prince Mohammed bin Salman met with the presidential council on Thursday morning and pledged $2 billion in support for the new Yemeni government, plus $1 billion from the United Arab Emirates .

“The Kingdom of Saudi Arabia urged the Presidential Leadership Council to embark on negotiations with the Houthis under the auspices of the UN to reach a final and comprehensive political solution that includes a transitional period moving Yemen into peace and development, so as the Yemeni people can enjoy security and stability,” the state-runThe SPA spent Thursday morning relaying congratulatory and hopeful messages to the Presidential Leadership Council from the other member states of the...

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