Yemen

BMI View: The government is in a quandary, with seemingly no easy solution to a slate of economic woes, starting with a contracting hydrocarbons sector. Growth will be constrained... 2010-03-15

Our core view is that the Yemeni government will become increasingly dependent on foreign assistance over the coming years, and that the two key donor states will be the US and Saudi... 2010-02-25

The Yemeni riyal has weakened 2.2% so far in January, to trade at YER211.87/US$ at the time of writing on January 29. We expect to see further downside for the unit through 2010.... 2010-01-29

Iran's total external debt stood at US$21.6bn in May 2009, equivalent to a little under 6% of GDP. Considering that the country has little access to international capital market as... 2010-01-05

As we wrote yesterday, the Christmas Day Detroit airliner plot will put Yemen under the terror spotlight owing to reports that the suspect, Umar Farouk Abdulmutallab, lived in Yemen... 2009-12-30

BMI View: The budget deficit will improve in 2010 on the back of higher gas inflows and lower subsidy bill, but worsen thereafter, at which point the government is severely restrained... 2009-12-08

BMI View: The involvement of Saudi security forces in attacks on Houthi rebels in Yemen's north represents a new and potentially dangerous stage in Yemen's civil war. The situation... 2009-12-07

The Yemeni government currently faces two major domestic challenges: the Shi'a Houthi rebellion in the north; and an upsurge in secessionist sentiment among southerners. The military... 2009-10-02

Since government forces launched a major all-out offensive on Shi'a Houthi rebels in the north, known as Operation Scorched Earth, on August 11, a number of ceasefire attempts have... 2009-09-25

The onset of LNG exports in late 2009 should help to rein in the current account shortfall next year, despite our expectations for oil production volumes to drop to even lower levels... 2009-09-25