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Email this article: Bankers say UAE lending benchmark may have some of Libor's flaws
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Posted: Tue July 17, 2012 5:19 pm
UAE. Barclays to withdraw from Eibor panel; Differences of opinion between authorities, banks; Some banks cut back use of Eibor; Reforms to system look unlikely anytime soon.
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INTERNATIONAL. This isn't about Netanyahu and Obama, and both know it. It is about the reconfiguration of a region the US cannot subdue and cannot leave. It is the essence of great power strategy: creating a balance of power in which the balancers are trapped into playing a role they don't want.
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