Mr Saleh stood accused of amassing power and wealth for his immediate family, nimbly wielding oil revenues and foreign aid to perpetuate his 33-year-long hold on the state.

According to the report, more than one million people or 80 percent of Gaza's population is now dependent on food aid and that Gaza's power, water and sewage systems have collapsed.

As Hank Paulson, America's Treasury secretary, implied this week, the Fed should surely have more power; and its aid should come at a high cost, so Banks seek help only as a last resort.