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Email this article: Egyptian banks to confront toughening operating conditions in the coming months, says S&P
Posted: Tue May 15, 2012 1:03 pm
EGYPT. The negative rating actions on Egyptian banks mainly reflect S&P's successive downgrades of Egypt.
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UAE. There are more negative than positive factors likely to impact oil prices in the short term. With current oil net-long speculative positions at an elevated level, a slight change in traders' outlook would lead to a significant selloff.
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