Tag: economic conditions

RIYADH:  Four countries expressed concern Thursday over the deteriorating economic situation in Yemen after the UN recently warned of a complete collapse in the country. The ambassadors of Saudi Arabia, the United Arab Emirates, the UK and the US to Yemen held a press conference in Riyadh and issued a joint statement afterwards, according to Saudi Press Agency They said they were concerned about the serious effects of the depreciation of the Yemeni rial and an increase in food prices on the country’s economy and current humanitarian situation. The statement called for...