Economy of Yemen

At the time of unification, South Yemen and North Yemen had vastly different but equally struggling underdeveloped economic systems. Since unification, the economy has been forced to sustain the consequences of Yemen's support for Iraq during the 1990–91 Persian Gulf War: Saudi Arabia expelled almost 1 million Yemeni workers, and both Saudi Arabia and Kuwait significantly reduced economic aid to Yemen. The 1994 civil war further drained Yemen's economy. As a consequence, for the past 10 years Yemen has relied heavily on aid from multilateral agencies to sustain its economy. In return, it has pledged to implement significant economic reforms. In 1997 the International Monetary Fund (IMF) approved two programs to increase Yemen's credit significantly: the enhanced structural adjustment facility (now known as the poverty reduction and growth facility, or PRGF) and the extended funding facility (EFF). In the ensuing years, Yemen's government attempted to implement recommended reforms—reducing the civil service payroll, eliminating diesel and other subsidies, lowering defense spending, introducing a general sales tax, and privatizing state-run industries. However, limited progress led the IMF to suspend funding between 1999 and 2001.

Yemen

Coordinates: 15°N 48°E / 15°N 48°E / 15; 48

Yemen (ⁱ/ˈjɛmən/; Arabic: اليَمَن‎ al-Yaman), officially known as the Republic of Yemen (الجمهورية اليمنية al-Jumhūrīyah al-Yamanīyah), is an Arab country in Western Asia, occupying the southwestern to the southern end of the Arabian Peninsula. Yemen is the second largest country in the peninsula, occupying 527,970 km² (203,850 sq mi). The coastline stretches for about 2,000 km (1,200 mi). It is bordered by Saudi Arabia to the north, the Red Sea to the west, the Gulf of Aden and Arabian Sea to the south, and Oman to the east. Although Yemen's constitutionally stated capital is the city of Sana'a, the city has been under rebel control since February 2015. Because of this, Yemen's capital has been temporarily relocated to the port city of Aden, on the southern coast. Yemen's territory includes more than 200 islands; the largest of these is Socotra.

Yemen was the home of the Sabaeans (biblical Sheba), a trading state that flourished for over a thousand years and probably also included parts of modern-day Ethiopia and Eritrea. In 275 AD, the region came under the rule of the later Jewish influenced Himyarite Kingdom. Christianity arrived in the 4th century AD whereas Judaism and local paganism were already established. Islam spread quickly in the 7th century and Yemenite troops were crucial in the expansion of the early Islamic conquests. Administration of Yemen has long been notoriously difficult. Several dynasties emerged from the 9th to 16th century, the Rasulid being the strongest and most prosperous. The country was divided between the Ottoman and British empires in the early 20th century. The Zaydi Mutawakkilite Kingdom of Yemen was established after World War I in North Yemen before the creation of Yemen Arab Republic in 1962. South Yemen remained a British protectorate until 1967. The two Yemeni states united to form the modern republic of Yemen in 1990.

Peter Salisbury

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Peter Salisbury (born Peter Anthony Salisbury on 24 September 1971, in Bath, England) is best known as the drummer of The Verve, which he joined as a founding member in 1989.

Personal life

Salisbury currently resides in Buxworth, Derbyshire with his wife Pam, sons Ben and Isaac, and step son Joe. He has also recently adopted another son called Al Hurd.

The Verve

The Verve reunited in June, 2007 for a new tour and a future album. Pete is believed to be have been the one behind getting the ball rolling in terms of reuniting the band. After Ashcroft learned that Salisbury, was in contact with the former guitarist, Nick McCabe, over a possible side project, Ashcroft used this as an excuse to call McCabe. Ashcroft made peace with him and bassist Simon Jones and the band reformed. In a band interview with the NME in 2007, Salisbury mentioned that the problems between them weren't that bad in the first place.

Other musical projects

Al Jazeera

Al Jazeera (Arabic: الجزيرة‎ al-ǧazīrah IPA: [æl dʒæˈziːrɐ], literally "The Peninsula", referring to the Arabian Peninsula), also known as JSC (Jazeera Satellite Channel), is a Doha-based state-funded broadcaster owned by the Al Jazeera Media Network, which is partly funded by the House of Thani, the ruling family of Qatar. Initially launched as an Arabic news and current affairs satellite TV channel, Al Jazeera has since expanded into a network with several outlets, including the Internet and specialty TV channels in multiple languages.

Al Jazeera is among the largest news organizations with 80 bureaus around the world. Al Jazeera is owned by the government of Qatar. While Al Jazeera officials have stated that they are editorially independent from the government of Qatar, this assertion has been disputed.

The original Al Jazeera channel's willingness to broadcast dissenting views, for example on call-in shows, created controversies in the Arab States of the Persian Gulf. The station gained worldwide attention following the outbreak of war in Afghanistan, when it was the only channel to cover the war live, from its office there.

Five Minutes

Five Minutes or 5 Minutes may refer to:

See also