Saudi Arabia, which is leading a bombing campaign against Shiite rebels in Yemen, pledged Saturday to cover the entire $274 million in humanitarian aid sought by the United Nations for conflict-torn Yemen. Fighting and air strikes in Yemen over the past two days have left 130 people dead, according to medics, military and tribal sources. Overnight, 52 people were killed, including at least 27 people who died in the southwestern city of Taez from air strikes and in clashes between loyalists and the Iran-backed Huthi rebels. The kingdom "stands with its Yemeni brothers" and hopes for "the restoration of security and stability", the state Saudi Press Agency said.
WASHINGTON (AP) — World finance officials said Saturday they see a number of threats on the horizon for a global economy still clawing back from the deepest recession in seven decades, and the Greek debt default presents the most immediate risk.