In this article, we explore Yemen’s paths to peace, which is essential for its socio-economic recovery. And for Yemen to achieve stable and permanent peace, Yemen has to decide whether it can survive as a unified country given the disparities in cultures, ways of living, types of economies and so on.
In this article, we give the summary of the of the concluding part of 20-part series of Global conflicts under the radar focused on Yemen, tracking Yemen’s politics through its modern conflicts, highs and lows till date.
We conclude our long series on Global Conflicts under the radar focused on Yemen with this Part XLI. Yemen’s conflicts, local and regional, have a long history, rooted in centuries-long colonialism, inter-tribal rivalries, ancient to modern fights over its gold mines and coffee, to name a few. Modern colonialism in Yemen itself is at least over 5 centuries old, first under the Ottoman empire, then partly under the British, then under tribal elitist monarchies, until South Yemen started a tryst with socialism, much to the dismay of its imperialist oil monarchist neighbors and their western overlords. They ensured that Yemen was constantly in turmoil so that its democratic, socialist ambitions were always foreshadowed by violence on political or religious ideologies. So Yemen remained the poorest country in the middle east despite its vast natural resources which included even oil & gas. All these largely went under the radar of global conflicts until recently in 2015 when Saudi-led coalition of western proxies started bombarding this nation that was barely on its knees, despite being independent since late 1960s.
The never-ending internal conflicts and the regional war over Yemen’s politics and resources that split its governance along a North-South division has spilt over into Yemen’s Banking sector as well. We are looking into the woes in Yemen's banking industry and some possible solutions.
In this part XL on Global conflicts under the radar, focusing on Yemen, we’re exploring one critical sector that got quite messed up in the last decade of strife and war – Yemen’s banking sector – the important clog in the economic machinery of any country; in Yemen, it’s driving the economy in two different directions- following Yemen’s North-South political divisions- undermining each other while they are at it.
Yemen has substantial reserves of metals like cobalt, copper, gold, iron ore, nickel, niobium, platinum-group metals, silver, tantalum, and zinc which are awaiting exploration because Yemen's mining industry is mostly undeveloped or under-developed. The country is known for its ancient gold mines, particularly in the regions of Hajjah and Amran. The Hadramout region reportedly has huge deposits of gold. Many foreign minerals exploration companies like Cantex Mine Development Corp of Canada, Thani Daubi Mining of UAE and the government have been involved in mining activities in Al Hariqah, Wadi, Qutabah Sharis/Hajjah area, Medden area, Al-Mahrah region and so on.
In this part XXXIX on global conflicts under the radar, focusing on Yemen, let’s continue exploring some ways to fix Yemen's economy which has been dismantled in a multitude of ways by the long-drawn out conflicts and recent regional wars. In the last sections, we've looked at Yemen’s Agriculture and Oil & gas sectors. In this Part, let's explore the issues facing the development and functioning of Yemen's Mining Industry and figure out possible ways to improve its current state to where it can bring perhaps earn export revenue, providing its economy, revenues to meet its domestic needs.
In this part XXXVIII on global conflicts under the radar, focusing on Yemen, let’s continue exploring some ways to fix Yemen's economy which has been dismantled in a multitude of ways by the long-drawn out conflicts and recent regional wars. Here explore the issues daunting the development and functioning of Yemen's Oil & Gas Industry and figure out possible ways to take it from its current state to improving it to a state where it can bring back export earnings, providing its economy, revenues to meet its domestic needs including funding its imports.
Yemen is an oil producer and exporter, while not a major one, it has significant untapped offshore oil and gas deposits. But Yemen's oil & gas sector has been devastated by the decade-long conflicts.
In this article on Yemen's Agricultural woes, we take a summarised view on the issues faced by Yemenese farmers under the conflicts and wars and some of the possible solutions to resolve the same.
