Yemen

Yemen's food crisis deepens as banks cut credit for shipments

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Source: Reuters - Fri, 4 Mar 2016 14:46 GMT

Author: Reuters

  • Yemen depends on imports of food by sea

  • Millions of people suffering from malnutrition

  • Banks wary of guaranteeing payments for food cargoes

  • Country faces civil war and al Qaeda insurgency

By Jonathan Saul, Maha El Dahan and Mohammed Ghobari

LONDON/ABU DHABI, March 4 (Reuters) - Banks have cut credit lines for traders shipping food to war-torn Yemen, where ports have been battlegrounds and the financial system is grinding to a halt, choking vital supplies to an impoverished country that could face famine.

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