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Sovereign Wealth Funds Briefing - Categorized | Market

Gulf sovereign wealth funds exercise financial muscle

Posted on 06 August 2008

From FinaceAsia.com: Surging oil prices have given Middle East producers renewed financial muscle. More worryingly for some Western leaders, they are showing a confidence, bordering on brazenness, to exercise that strength by buying up stakes in key industries throughout the world at a time when the financial power of Western banks has been neutered by subprime and the credit crisis… Full article: Source


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