06.08.2008 - Gulf sovereign wealth funds exercise financial muscle
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