Economy / United Arab Emirates
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US Crisis: GCC Impact
September 2008 | Market StrategySorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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The refusal of US Congress to pass Treasury Secretary Henry Paulson's proposed US$700bn bail-out plan could potentially have very serious ramifications worldwide, and the Gulf region, despite a much stronger growth outlook, is no exception. Here we examine the potential impact of the global financial crisis on Gulf economies.