| 16.12.2008 - $1tln Arab surplus gains prominence in dealing with crisis |
| From Gulf-times.com: The Economist magazine put at about $400bn the losses of the Arab sovereign funds due to the global financial turbulence . According to the International Monetary Fund, Middle East and central Asian oil producers accumulated a current account surplus of $1.1tn between 2003 and 2007, compared with $150bn in the previous five years. .... Full Article: Source |