Thursday, 7 May 2015

MIDEAST STOCKS-Markets slip after Yemen urges ground operation | Reuters

MIDEAST STOCKS-Markets slip after Yemen urges ground operation | Reuters:



"Middle East stock markets edged down on Thursday after Yemen's government called for military intervention on the ground, a move that could further escalate the conflict in which Gulf nations and Egypt are involved.



Yemen urged the international community "to quickly intervene by land forces to save" the country, specifically in the cities of Aden and Taiz, according to a letter sent to the United Nations Security Council on Wednesday.



The letter from Yemen's U.N. Ambassador Khaled Alyemany, seen by Reuters, could provide legal cover for ground intervention."



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