BREAKING NEWS

New Gulf plan seeks 3-month power transfer in Yemen

SANAA - A Gulf Arab peace plan presented in Sanaa on Thursday calls for President Ali Abdullah Saleh to transfer power over three months, an official said, the latest effort to stop Yemen's descent into further violence and chaos.
Saleh's ruling party said it would respond within 24 hours, but aides to Saleh -- who sounded defiant in a speech on Wednesday -- said he seemed poised to accept the initiative.
A Yemeni government official told Reuters the revised GCC proposal would see Saleh announce his resignation to parliament one month after signing an agreement, then hand over power to his vice president.
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