Monday 23, July 2012 by Dr. Nasser Saidi

DIFC Weekly Economic Commentary - 22 July 2012

Another week, another EU Summit. Bundeskanzlerin Merkel in a TV interview asserted that support to EU periphery without strong conditions and control over the use of resources is out of question. More concerns about faltering economic growth led to strong dip in global stocks while in the Middle East some markets were helped by strong corporate earnings results.

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