Three months have passed since Mohamed Zamam was appointed governor of the Central Bank of Yemen (CBY). In an effort to calm markets, his initial actions have emphasized continuity. First,…
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The Central Bank of Yemen (CBY), once one of Yemen’s comparatively functional government institutions, has become highly politicized since 2015 amid the country’s civil war. This trend has accelerated since…
Following celebrations of South Yemen’s 14 October revolution, the Southern Transitional Council (STC) – a UAE-backed separatist organization – has dramatically increased its activity in Shabwah and Hadramawt provinces. STC…