Fri, May 24, 2013
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Market Moves more

U.A.E., Bahrain among crisis-prone emerging markets, RBS says

Posted on 06 January 2010

From Bloomberg: The United Arab Emirates and Bahrain were added to a group of developing economies considered most at risk of a debt crisis, according to a report by Royal Bank of Scotland Group Plc.

“Large-scale” external borrowing by sovereign-linked companies in the U.A.E and “modest” foreign-exchange reserves in Bahrain pushed the countries into RBS’s so-called crisis- prone list, which ranks economies on their ability to repay debt, Timothy Ash, head of Europe, Middle East and Africa research at the bank in London, wrote in a research note…………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
May 2013
M T W T F S S
« Apr    
 12345
6789101112
13141516171819
20212223242526
2728293031