Yemen’s banks deteriorate as the economy collapses

Fears of economic collapse are causing Yemeni citizens to withdraw their US dollar savings from banks and keep the dollars at home. Yemen is facing economic collapse for several reasons:
It is possible that the Sanaa government will soon be unable to pay salaries within a few weeks. The economic collapse represents a recruiting opportunity for Al-Qaeda in the Arabian Peninsula .(AQAP). Widespread protests and riots, as well as terrorist acts by AQAP, are expected to increase
Aden – Yemeni forces have successfully foiled an attempt to smuggle 24 rare artifacts through the Bab al-Mandeb Strait, as the items were en…
Non-profit organisation Qima Foundation has led the charge in an effort to gain UNESCO Intangible Cultural Heritage Status for Yemeni coffee.…
The ancient Gharib Tree, a symbol of Yemen's rich natural heritage, has tragically fallen, marking the end of an era for this 2,000-year-old marvel…