Saudi Arabia has, by far, the largest economy in the MENA region. It consistently ranks in the top global quartile in terms of annual GDP, well above its regional rival, Iran. Yemen, by contrast, is among the poorest in the…

In the 1970s, as the 1944 Bretton Woods agreement collapsed, the American dollar’s hegemony in global trade was under attack. While Europe pondered over the future of their currencies, America went back to the drawing board. This time, the idea didn’t depend…