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Goldman Says #Saudi Peg ‘Here to Stay,’ Though at Cost to Economy - Bloomberg

Goldman Says Saudi Peg ‘Here to Stay,’ Though at Cost to Economy - Bloomberg Saudi Arabia is sacrificing non-oil economic growth with fiscal policies designed to ensure its currency peg’s stability during a period of low crude prices, according to Goldman Sachs Group Inc.“Maintaining the riyal peg at current levels remains a key policy priority for the Saudi authorities,” Farouk Soussa, a London-based analyst at Goldman, said in a report to clients. “In a low oil price environment, however, this...
Tags: Travel, London, Saudi Arabia, Goldman, Goldman Sachs Group Inc, Rupert Neil Bumfrey, Economy Bloomberg, Soussa, Farouk Soussa, Goldman Says Saudi Peg ` Here, Economy Bloomberg Saudi Arabia, U S Federal Reserve Although

Iraqi Border City eyes IS Advance amid Dust Storms

By*Shelly Kittleson for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.* Severe dust storms have facilitated advances by the Islamic State (IS) in eastern Syria near the Iraqi border in recent days, putting the largest Iraqi city alongside it*at risk. Otherworldly shades of red, orange and sandy yellow were an intermittent backdrop for days across most of western Anbar, with very low visibility rendering airstrikes...
Tags: News, Islamic State, Iraq, Syria, Iraq Business News, Anbar, Iraq BusinessNews com Post, Deir, Shelly Kittleson, Hejin, Baghouz, Soussa