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Mideast economy ‘will bounce back soon’

Posted on 27 March 2009

From Tradearabia.com: The Middle East economy will bounce back soon, but for rest of the world it’s gloom and doom, according to a leading Harvard University economics professor.

The region’s economy is fundamentally different from the rest, he said. In the near term the oil price is likely to bounce back to between $70 and $80 and the dollar is likely to fall by between 10 per cent and 20pc…..Full Article: Source

 
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