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Email this article: UAE may exclude bonds from bank lending limit
Posted: Tue June 12, 2012 12:19 pm
UAE. The United Arab Emirates' central bank may exclude bonds from a limit imposed on banks' lending to local governments and related entities.
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SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
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