Monday 23 December 2024
 
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Fiscal policy

New year, old demons - hopes and despair

  Out with the old, in with the new has a fine New Year's ring to it. Unfortunately, the saying does not apply to the global economy: the uncertainty over US fiscal policy that dominated the last weeks of 2012 is far from goi

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Strong controls urged for unified GCC currency

Strong governance and a solid framework for budget and fiscal policies will be required for a future GCC unified currency, said former European Central Bank president Jean Claude Trichet. Trichet was speaking at an annual international sym

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