ASIA: One unintended consequence of the war in Yemen: Al Qaeda now runs its own mini-state, flush with funds from raiding the local central bank and levying taxes at the local port.
Once driven to near irrelevance by the rise of Islamic State abroad and security crackdowns at home, al Qaeda in Yemen now openly rules a mini-state with a war chest swollen by an estimated $100 million in looted bank deposits and revenue from running the country’s third largest port.