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Email this article: Jordan wins US$250 million World Bank loan after regional unrest
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Posted: Thu January 26, 2012 7:07 pm
INTERNATIONAL. The loan "helps the country manage the global economic downturn and the short-term shocks caused by political events in the region."
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QATAR. In the end, monetary policy can be powerful in the short-term but is unlikely to change the long-term predicament of the Euro Area. The ECB may succeed in preventing prolonged deflation from taking hold, but this is a not a sufficient condition for sustainable growth.
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