Desktop Stock Ticker | GCC countries have strong asset base, says report

GCC countries have strong asset base, says report

A new report from Standard & Poor's says GCC governments have enough assets to shield their economies from the turbulence and keep their economies moving through 'counter-cyclical expansionary fiscal policy', despite experiencing significant losses on their unknown asset holdings over the past 18 months. Saudi Arabia, Abu Dhabi, and Kuwait are in the best position, while Bahrain and Oman are in the smallest amount comfortable positions due to their limited oil resources, compared to other GCC states, S&P's credit analyst Farouk Soussa said.

Related posts:

Employment Report: Two AmericasWall Street evidently neglected to read beyond the headlines Friday stating, as The New York...
Related posts:

Mutual Funds: Third-Quarter Report CardWhat a difference a year makes. Twelve months ago the country’s financial logic seemed on...
Related posts:

3 Stocks Trading Near Asset ValueIf earnings represent a company’s take-home pay, book value is its net worth. Both measures...
Related posts:

Yen Strengthens On Chinese Bank RegulationThe US Dollar was modest changed against the EUR but fell significantly against the yen...
Related posts:

Daily Dividend ReportIf you like to keep track of dividend related happenings in the stock tickers market,...
Related posts:

Dividend Investing: Two Common Questions?When I have a conversion about dividend investing, I get few different types of questions....
Related posts:

Consumer Credit In U.S. Drops Record $17.5 BillionFascinating headline out today screening this massive drop in consumer credit during November.  Here’s the...
Related posts:

The Year that wasAs the year winds down in these final weeks I have had opportunity to reckon...
Related posts:

The Next ‘Peak’ Trade…The market remains a mystery these days, shrouded in dread of Ben Bernanke’s confirmation and...
Related posts:

12 Tiny Funds Up at Least 25% in 2009Some of the mutual-fund world’s smallest funds are posting huge income. <img src="http://feeds.feedburner.com/~r/smartmoney/<a href="http://www.desktopstock tickertickeronline.com”>stock...

Related posts brought to you by Yet Another Related Posts Plugin.

-->

Filed Under stock market news | Leave a Comment

Tagged With

Comments

Comments are closed.