It’s Not Just Russia: Middle East In Freefall, Biggest Plunge In 6 Years

by Tyler Durden
ZeroHedge.com
12/16/2014

Dubai’s Financial Market General Index is now down 40% since the peak in oil prices in June this year. For now, only Qatar is clinging to gains year-to-date as the rest of the Middle Eastern equity markets give up 30-60% gains from mid-year and tumble to negative. Dubai and Abu Dhabi alone are down over 8% since Friday. Saudi Arabia is down 7.3% today – the biggest drop in 6 years.

The Rest…HERE

This entry was posted on Tuesday, December 16th, 2014 at 11:45 am and is filed under Economics, New World Order, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.