Geopolitical influence trumps economic gain as the UAE and Saudi Arabia’s accession to BRICS signals shifting alliances amid an emerging “new world order”
Macroeconomics
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Will the Middle East be shielded from economic recession in the West?
There’s a huge amount of speculation floating around regarding the economic crisis – particularly in the US and Europe. While it might well roll across those parts of the world, are we likely to see it darken the shores of the Middle East?
A Ramachandran
Top level hiring in UAE, Middle East to hit record highs during April-June quarter
The hiring spree in the region, however, could see a bit of tapering off in the coming months as industry executives anticipate market sentiments getting impacted due to concerns on macroeconomic factors
Economic activity
Video: How modern monetary theory and fiscal policy are converging
Most economists would argue that the massive new supply of debt securities would have overwhelmed demand and led to lower prices and higher yields.