yes.
draw a circle- no fill only outline, with the knife tool cut the circle in half and remove the part you don't want.
type out the text, select the text and the half circle (path)and go to the text menu- atttach to path- or use Control- Shift- Y, this will shift you text to the path.
Then you can use the text alignment tools to sit the text where you want.
(I actually think you will find most of this information in the help menu)
Sometimes, when my code just won't behave, I take it outside and make it listen to britney spears music, and when it comes back it's really well behaved. I wonder if it's suffering from post tramatic stress syndrome now..