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Article: Middle East region 'not insulated' from global crisis.
- Article from:
- The Daily Star (Beirut, Lebanon)
- Article date:
- November 7, 2009
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Byline: Daily Star Staff
Summary: Chief economist at Bank Audi said that the Middle East economy was not immune from the negative effects of the global financial crisis.Aa"The regional economy was definitely not insulated from the global financial crisis. Most particularly, crisis spillovers manifested through fluctuations in oil prices and cuts in oil production, and through other transmission channels.
BEIRUT: Chief economist at Bank Audi said that the Middle East economy was not immune from the negative effects of the global financial crisis.Aa"The regional economy was definitely not insulated from the global financial crisis. Most particularly, ...