December 29, 2009
Yemen: fingers in the dyke.
Reading articles like this from FT.com, on Yemen "Social pressures weigh on poorest Arab state" frankly are depressing even for a MENA optimist. The "good news" is Yemen is building a LNG facility. Wonderful. It will give the state the money to buy more weapons to pretend to assert control over the pseudo state. That does not change the deadly death cycle of Yemani society, with rapidly declining water yields (from non-renewable water resources), the dead weight of the Qat production (itself water intensive), and a birth rate that is of Sub Saharan African levels.
Social pressures weigh on poorest Arab state
Just over a month ago, Ali Abdullah Saleh, Yemen’s president, joined international oil executives to inaugurate his impoverished country’s biggest industrial venture – a liquefied natural gas project.
For a veteran leader of the Arab world’s poorest nation, the launch of the plant could not have come soon enough. The $4.5bn (£2.8bn, €3.3bn) project is expected to generate between $30bn and $50bn in income for the government over the plant’s 25-year lifespan.
To be honest, it is really very hard to have hope for Yemen - even harder than say Egypt.
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Delusions of fading grandeur, phony religiosity, and an ageing tinpot dictator whose only just begun to allow a few strands of grey to 'appear' on his head. What isn't there to love about Egypt and it's exciting future?
Posted by: Barry Biggs at December 30, 2009 11:52 AM