Market Watch: The Economic War in Yemen: Oil Revenue and Debilitated Financial Institutions Weaken Recovery Hopes

Firefighters work to extinguish a fire following rocket attacks by Houthi fighters at storage tanks of an oil refinery in Aden, Yemen, July 14, 2015. (AP Photo/Abo Muhammed) by Karen E. Young

It is in the interest of all the warring parties in Yemen to retain the basic institutions, especially the central bank, that will be necessary to fund and administer a peace, when it finally does come.

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