WASHINGTON – The United States ended support for military operations by its allies in Yemen war, besides vowing to continue to defend sovereignty and land of Saudi Arabia.
US President Joe announced a major shift in his first foreign policy speech since taking office.
Biden said the war in Yemen “must end”.
“At the same time, we’re going to continue to support and help Saudi Arabia defend its sovereignty and its territorial integrity and its people,” Biden said, adding that the Kingdom continues to be targeted with missile attacks.
He also announced the appointment of a special envoy for Yemen.
This afternoon, I’m visiting the @StateDept and delivering remarks on America’s role in the world. Tune in. https://t.co/zWG3UETxGX
— President Biden (@POTUS) February 4, 2021
Under Mr Biden's two predecessors, the US supported a coalition led by Saudi Arabia against Houthi rebels in Yemen.
The conflict has left millions of Yemenis on the brink of starvation, besides claiming lives of nearly 110,000 people.
Fighting between a weak Yemeni government and the Houthi movement started in 2014 and it escalated a year later, when Saudi Arabia and eight other Arab states launched air strikes against the movement.
Saudi Arabia had welcomed the US commitment to cooperating with the Kingdom in defending its sovereignty and to confronting threats targeting it.
In a statement issued on Thursday, the Kingdom reiterates its firm stance in supporting efforts to achieve a comprehensive political solution to the crisis in Yemen.
It also welcomes US position underscoring the importance of supporting diplomatic efforts to resolve the situation in Yemen, including the efforts of the United Nations Yemen Envoy, Martin Griffiths, according to the Saudi Press Agency, SPA.
Biden also announced significant increase in the number of refugees accepted by the US, moving beyond Trump’s policies.
On Russia, the new US President said: "I made it clear to President [Vladimir] Putin, in a manner very different from my predecessor, that the days of the United States rolling over in the face of Russia's aggressive actions… are over."
Pakistani rupee remained stable against US dollar, and other currencies in the open market amid strong economic cues.
On Sunday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.
Euro moves down to 309.9 for buying and 310.5 for selling. British Pound rate stands at 359.4 for buying, and 360.05 for selling.
UAE Dirham AED also moved down to 77.45 whereas the Saudi Riyal drops to 75.82.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 285.15 | 287.95 |
Euro | EUR | 309.9 | 310.5 |
UK Pound Sterling | GBP | 359.4 | 360.05 |
U.A.E Dirham | AED | 77.45 | 77.6 |
Saudi Riyal | SAR | 75.82 | 75.97 |
Australian Dollar | AUD | 187.72 | 188.22 |
Bahrain Dinar | BHD | 759.94 | 767.94 |
Canadian Dollar | CAD | 209.99 | 210.49 |
China Yuan | CNY | 39.78 | 39.88 |
Danish Krone | DKK | 41.95 | 42.05 |
Hong Kong Dollar | HKD | 36.38 | 36.48 |
Indian Rupee | INR | 3.39 | 3.5 |
Japanese Yen | JPY | 1.49 | 1.56 |
Kuwaiti Dinar | KWD | 926.39 | 935.39 |
Malaysian Ringgit | MYR | 60.38 | 60.98 |
New Zealand Dollar | NZD | 173.44 | 175.44 |
Norwegians Krone | NOK | 26.25 | 26.55 |
Omani Riyal | OMR | 742.16 | 750.18 |
Qatari Riyal | QAR | 78.5 | 79.2 |
Singapore Dollar | SGD | 212.45 | 212.95 |
Swedish Korona | SEK | 27.09 | 27.19 |
Swiss Franc | CHF | 325.38 | 325.88 |
Thai Bhat | THB | 8.05 | 8.09 |
The price of gold increased by thousands of rupees due to an upward trend in the international market.
On Sunday, the price of a single tola of 24-karat gold stands at Rs219,800 and 10 grams of 24k gold costs Rs188,450.
Meanwhile, single tola of 22 Karat gold costs Rs201,482, 21 karat rate costs Rs192,325 and 18k gold rate is Rs164,850.
Globally, gold prices hover at around $2072, gaining $32 on Sunday.
City | Gold | Silver |
Lahore | PKR 219,800 | PKR 2,730 |
Karachi | PKR 219,800 | PKR 2,730 |
Islamabad | PKR 219,800 | PKR 2,730 |
Peshawar | PKR 219,800 | PKR 2,730 |
Quetta | PKR 219,800 | PKR 2,730 |
Sialkot | PKR 219,800 | PKR 2,730 |
Attock | PKR 219,800 | PKR 2,730 |
Gujranwala | PKR 219,800 | PKR 2,730 |
Jehlum | PKR 219,800 | PKR 2,730 |
Multan | PKR 219,800 | PKR 2,730 |
Bahawalpur | PKR 219,800 | PKR 2,730 |
Gujrat | PKR 219,800 | PKR 2,730 |
Nawabshah | PKR 219,800 | PKR 2,730 |
Chakwal | PKR 219,800 | PKR 2,730 |
Hyderabad | PKR 219,800 | PKR 2,730 |
Nowshehra | PKR 219,800 | PKR 2,730 |
Sargodha | PKR 219,800 | PKR 2,730 |
Faisalabad | PKR 219,800 | PKR 2,730 |
Mirpur | PKR 219,800 | PKR 2,730 |
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