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US slowdown will hurt emerging markets“Hot” emerging markets will be hurt by any slowdown in the US economy, according to chairman, Morgan Stanley Asia, Stephen Roach. Predicting that the US economy would enter recession in 2008, Roach said that US consumers drive the demand s More… |
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Gulf is now asset-based says economistGulf states should no longer be seen as oil-based economies but rather as asset-based economies, said a senior economist. 'For the foreseeable future, the income from assets and net foreign assets will exceed the income from oil for these More… |
