As oil riches gush, a Sheik loosens his grip on economy

Article Abstract:

Sheik Khalifa, the new leader of Abu Dhabi, United Arab Emirates has introduced new economic policies that give a free reign to an economy fueled by petrodollars. The previously state controlled economy is now experiencing blooming real estate and equities markets.

Government expenditures, United Arab Emirates, Industry Overview, Economic policy, Political aspects, Abu Dhabi, United Arab Emirates (Emirate), Khalifa

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European housing boom rolls on

Article Abstract:

The European Union is experiencing a slowdown in its housing boom. Housing price growth is slowing in Spain, Finland, Iceland and France. The housing boom is fueled by strong economic growth, reasonable mortgages and increased immigration.

Europe, Residential Building Construction, Commodity & service prices, Housing incl Mobile Homes, Prices and rates, Housing, Dwellings, European Union, Company pricing policy, Financial report

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Foreign markets extend decline as rate fears curb risk appetite

Article Abstract:

Stock markets worldwide were down yesterday amidst fears of rising interest rates and a slowing economy. The riskier assets, the most speculative securities that have had stellar performance ratings over the last three years are down.

International aspects

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