INTERNATIONAL. Yemen is a dysfunctional, disorganized state. But as usual, the picture is not black and white. With sufficient political will there is real potential for improvement, especially in the areas of responsible and proactive governance, economic development and social inclusion.
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
UAE. UAE textile industry is undergoing major reorientation toward non-clothing applications; UAE export share ahead of Germany, France, Italy, Spain, Netherland and China; World textile and apparel trade expected to reach US$805 billion by 2015.