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Monday, 29 September 2008

USSA pressure Gulf-States to save Wall Street

Gulf diplomatic sources in New York, told Al-Akhbar that they are concerned about the U.S. pressures on the Gulf-countries to absorb the currency liquidity available in their banks.

The United States sent harsh messages to its Gulf allies demanding serious contribution in Bush’s financial rescue plan to prevent the complete collapse of financial markets.

Especially after Qatar Investment Authority rejected the investment of part of its assets in the U.S. market, Preferring to invest in Asian markets.