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Gulf State News Issue 839 - 24/Oct/2008

GCC policy-makers are taking decisive steps to shore up confidence, as local markets suffer from global financial meltdown, tumbling oil prices and wavering enthusiasm. In articles below, GSN talks to key GCC and international players about the regional impacts of a global crisis. Troubled institutions can expect support, but US banks and others looking for a further injection from sovereign wealth funds (SWFs) may be disappointed.

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