Monday, June 5, 2017

Economic impact of Gulf diplomatic rift | Qatar News

The diplomatic rift between Qatar and its Arab Gulf neighbours may cost them billions of dollars by slowing trade and investment and making it more expensive for the region to borrow money as it grapples with low oil prices. With an estimated $335bn of assets in its sovereign wealth fund, Qatar looks able to avoid an economic crisis over the decision on Monday by Saudi Arabia, Egypt, the United

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