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Yemen’s Houthi faction dissolves parliament

(The Guardain)- Yemen’s dominant Houthi faction has dissolved the country’s parliament and said it plans to form a new interim assembly. The new assembly will elect a five-member interim presidential council to manage the country’s affairs,...

Oil rally holds, promising second weekly gain

(Reuters) - Brent crude oil traded almost $2 higher on Friday, on track for its second weekly increase, as fighting in Libya and stronger economic signals from the United States helped futures rebound from near-six-year lows. Prices remain roughly 50 percent below their peak...