World updated: March 20, 2023

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Al-Houthi: when its banks are collapsing, Washington is imposing sanctions on banks of other countries

محمد علی الحوثی 550x295 - Al-Houthi: when its banks are collapsing, Washington is imposing sanctions on banks of other countries

Referring to the bankruptcy of 3 American banks, Mohammad Ali al-Houthi, the head of the Supreme Revolutionary Committee and a Yemeni Ansarullah Political Council member, emphasized that the American sanctions against Russia have had the opposite effect and have affected its economy.

Al-Houthi wrote on his Twitter account: America and its allies imposed sanctions and besieged Russia, Yemen and several countries while American banks collapsed.

In the continuation of his tweet, he added the names of 3 bankrupt American banks in the past week and wrote: “Silicon Valley Bank” had a loss of $212 billion, “Signature” had a loss of $110 billion, and “Silvergate” Bank had a loss of $11.4 billion.

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