Yemen, one of the poorest countries in the Arab world, reported strong growth in the mid-1990s with the onset of oil production, but has been harmed by periodic declines in oil prices. read more
Yemen, one of the poorest countries in the Arab world, reported strong growth in the mid-1990s with the onset of oil production, but has been harmed by periodic declines in oil prices.Yemen has embarked on an IMF-supported structural adjustment program designed to modernize and streamline the economy, which has led to substantial foreign debt relief and restructuring. read more
Today, Yemen is neither happy nor fortunate but it acquired the name because its high mountains attracted rain, making it more fertile than most of the Arabian peninsula. In 26BC the Roman general, Aelius Gallus, led a military expedition to Yemen that ended in disaster, a cautionary tale for the modern age. read more