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Yemen conflict costs economy $5bn – trade minister

Yemen's trade minister has said the political crisis has cost the economy as much as $5bn and that immediate aid is needed to prevent a meltdown, Reuters has reported. "We have reports that the losses range between four to five billion dollars," Hisham Sharaf Abdalla told the news service. "The economy should not be held hostage to the political crisis, because the situation is alarming."