Yemen Economic Catastrophe Swallows Banks

published:15/11/2018 11:14 GMT

s the US and UK call for a ceasefire and reconsider military support for the Saudi-backed Yemeni government’s campaign against Houthi rebels, and with fierce fighting now around the strategic Hodeida port, United Nations special envoy Martin Griffiths has underscored the scope of “economic warfare” accompanying hunger for an estimated half of the country’s 30 million people. He cited “income famine” with years of unpaid civil-servant salaries as officials and central banks in charge in Aden...More