Overzealous Western banks pose new threat to war-ravaged Somalia
OVERZEALOUS WESTERN BANKS THREATEN TO CHOKE OFF SOMALIA’S STRUGGLING RECOVER BY TARGETING THE HAWALA TRANSFER SYSTEM. Columbus, Ohio – Every month I visit a small grocery store in a non-descript building in Columbus, Ohio, where I live, to use a service that keeps Somalia alive: "Hawala", the traditional money transfer system used throughout the Middle-East, …