It still needs more money to avert a famine in Yemen
Save time by listening to our audio articles as you multitaskA skeleton crew of seven has laboured to keep the thing afloat, and to keep its cargo, 1.1m barrels of oil, from causing an environmental disaster. Rough seas and salt have rusted its single-walled hull. Machines that pump inert gas into storage tanks to prevent a fire stopped working years ago. Officials say it is miraculous that the tanker has survived this long.hopes to remove this floating time-bomb by year’s end.
This is a recurring problem in Yemen. The warring parties agreed in April to a two-month truce, which was later extended until August 2nd. There have been no coalition air strikes since March. More civilians have been killed this spring by mines and other unexploded ordnance than by fighting—a grim statistic, but a sign that the ceasefire is holding.
As per the truce agreement, the Saudis have allowed 18 oil tankers to offload cargo at Hodeida. That has helped ease a severe fuel crisis in Houthi-controlled areas. There are fewer petrol queues, which were common a few months ago. Businesses, like a cement factory in Sana’a that employs around 5,000 people, can fuel their generators and resume work.
Yemenis are grateful for the respite. Yet in many ways life is still getting worse. Hunger and poverty, already dire, are growing: fully 17m Yemenis do not get enough to eat. TheDonors are giving less, and aid agencies are stretched thin by other demands, from the war in Ukraine to a looming global food crisis. Thesays it will need around $4bn for humanitarian work in Yemen next year. It expects to get half that sum. Hard choices will follow.
Yemen’s currency, the rial, which before the war traded at 250 per dollar, now goes for almost 1,100 in areas controlled by the Saudi-backed government. That is painful for a country that imports 90% of its food. The cost of a basket of staples has increased by 120% over the past year. It will continue to rise—assuming firms can even find enough grain to import. Most of Yemen’s wheat was previously bought from Russia and Ukraine.
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