Employees count banknotes at a currency exchange office in Yemen's third city of Taez, 2021. Ahmad al-Basha/AFP via Getty Images Yemen Remittances at Risk—Sanctions, War and Informal Finance in Yemen Yemeni migrant workers abroad send billions of dollars to Yemen every year, making remittances one of the country’s largest and most consistent sources of foreign currency. The primary corridor runs through Saudi Arabia, which accounts for an estimated 61 percent of Yemen's formally recorded remittance inflows, with Oshin Pandey, Narayani Sritharan • 10 min read
MER Article Financing Terrorism or Survival? Armed with a wide range of new legislative powers, in the months following September 11 the Bush administration stepped up action on the “second front” of its war on terrorism. The USA Patriot Act and the International Emergency Economic Powers Act provide Federal officials with the authority to freeze assets Khalid Mustafa Medani • 17 min read
Migrant Labor and the Politics of Development in Bahrain Bahrain was, after Iran and Iraq, the first country in the Gulf to have its petroleum resources developed by Western companies. It has a longer history of economic and infrastructural development than any other state in the peninsula. Bahrain’s petroleum reserves and producing capacity are also the Rob Franklin • 24 min read