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Email this article: Markets looking for leadership, says Emirates NBD investment strategist
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Posted: Wed June 27, 2012 4:55 pm
UAE. All eyes now are on the European summit of 28 June for evidence that the continent's leadership is moving in the direction of a Europe-wide system of cross-guarantees for bank deposits and fiscal policies, says Mark McFarland, Chief Investment Strategist, Private Banking, Emirates NBD.
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INTERNATIONAL. Washington is moving away from the strategy it has followed since the early 2000s - of being the prime military force in regional conflicts - and is shifting the primary burden of fighting to regional powers while playing a secondary role.