Bahrain economy battered from inside and out

Months of turmoil, coupled with the global financial crisis, have hit island's economy hard.

    Prices in the capital city of Manama have risen sharply, partly due to the state of the world economy, but also as a result of the current political instability in Bahrain. 

    Experts have said the world financial crisis in 2007 and 2008, the recent European monetary crisis, and the internal political troubles of 2011 have battered the Bahraini economy. 

    Banks are seeking mergers in order to survive, and the industrial sector has declined by 26.7 per cent, according to a March 2012 report.

    Al Jazeera's Mohammad Vall reports from Manama.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Interactive: Take a tour through divided Jerusalem

    Interactive: Take a tour through divided Jerusalem

    Take a tour through East and West Jerusalem to see the difference in quality of life for Israelis and Palestinians.

    Stories from the sex trade

    Stories from the sex trade

    Dutch sex workers, pimps and johns share their stories.

    Inside the world of India's booming fertility industry

    Inside the world of India's booming fertility industry

    As the stigma associated with being childless persists, some elderly women in India risk it all to become mothers.