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Gulf states will have to cut spending as oil price dips: Kuwait minist 24-10-14 04:00 PM Oil prices have tumbled to four-year lows of below $83 per barrel this month, exposing swollen state budgets in the six-member Gulf Cooperation Council (GCC) that also includes Saudi Arabia, the UAE, Qatar, Oman and Bahrain. After years of breakneck ... Source... |
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