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Tuesday, 02 December 2008 08:10 UAE time

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merrill lynch

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ALL STORIES LIST


Merrill Lynch slashes 2009 oil price forecast to $50

US bank lowers estimate for next year from $90 on fears of global fall in demand.

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India tops world list for new millionaires

Country sees 22% growth in millionaires buoyed by booming economy, according to new wealth report.

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Kuwait considering bigger Citi, Merrill stakes

KIA eyeing investments in financial sector, would invest in US banks if opportunity.

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Ditching dollar peg a boon for region

Region's import dependence and high remittance make depegging good news, analysts say.

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Wealth fund invetments in West to grow

Questions over motives of state-backed funds will abate, according to Dubai Group chief exec.

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Abu Dhabi moves to soothe US fund fears

Emirate writes letter to US Treasury pledging not to use sovereign wealth funds for political ends.

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Buffett rebukes wealth fund critics

Billionaire US investor blames US trade policy for epic rise of sovereign investment funds.

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READER COMMENTS

  1. UAE blocks low-paid workers from driving - report 16
    01 Dec ' 08 at 18:53
    Are the authorities considering Nurses as menial workers? No wonder then that large numbers of Graduate Nursing professionals are...  More »
  2. $95bn Satwa redevelopment delayed 3
    01 Dec ' 08 at 21:09
    You suggest Jumeira Gardens will stretch 150kms south of Shk Zayed Road. That would take you well into Abu Dhabi.I don't think even...  More »
  3. Property correction sooner, steeper than anticipated 3
    01 Dec ' 08 at 17:00
    I saw when people went from poor to rich in this country in a matter of weeks, i saw the rich getting poor agian in a matter of...  More »
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