There isn’t much talk of the ’credit crunch’ in Yemen but the national habit of chewing Qat is turning into what can only be called a ’qat crunch’.
Whilst the western world is obsessing over the credit crisis, sub prime chaos and rising oil prices and its effects on consumer spending and rising costs, Yemen is experiencing similar problems caused by shortages of water, massively increasing food prices and a fast growing population. The price of wheat has increased 3 fold in the last few months. Rainfall in much of Yemen …