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People react near a military vehicle during the attempted coup in Ankara, Turkey. REUTERS/Tumay Berkin
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Yemen, Central Bank, Insurgents, Liquidity, Money, Economy
Alerts of Escalating Illiquidity Problem in Yemen
Aden – An illiquidity problem has surfaced in Yemen, especially in the liberated governorates. According to economic advisor Khalid Abdul Wahed Naaman, the crisis is due to the fact that insurgents are accumulating national currency outside of the banking systems....Caption:
Yemeni government takes measures after Houthi-caused national recession, E.P.A.
Government Ends Insurgency Domination over Yemen’s Central Bank, State Trade Account Set Up in Aden
London, Aden- Yemen’s Houthi-led insurgency strangling the war-torn country’s economy, forced counteractive measures to be taken by the legitimate government. A basket of procedures concerning fiscal transactions which inhibit the insurgency’s ability to compromise...Caption:
Janet Yellen of the Federal Reserve during a June news conference, as reflected in a specialist’s screen on the floor of the New York Stock Exchange. CreditRichard Drew/Associated Press
Can We Ignore the Alarm Bells the Bond Market Is Ringing?
The financial media tend to report breathlessly about what the stock market did yesterday. But savvy economic analysts have always known the bond market is the place to look for a real sense of where the economy is going, or at least where the smart money thinks it is...Caption: