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| | Dateline 11 March 2011. The "Day of Rage." This was supposed to happen in Saudi Arabia, its end game anticipated to determine of what goes after in the MENA region, the price of crude and the outlook for the global economy. Pure coincidence perhaps ... |
| | | ... and a rare trade shortfall in China for February, together with new sovereign downgrades in Europe and turmoil in Saudi Arabia raised investor fears of higher oil prices and slower growth. The Dow Jones Industrial Average lost 228.48 (1.87 per cent) ... |
| | | The Australian dollar has risen a third of a US cent, as the market digests mixed local employment figures. At 1200 AEDT, the local unit was trading at 101.05 US cents, up from Wednesday's local close of 100.71 US cents. Since 0700 AEDT, the Australian ... |
| | | ... 11 March 2011 -- a surprise that could determine the oil outlook - at least for the near term. A "Day of Rage" in Saudi Arabia had been booked on this day. The international community might be asking, ordering, intimidating Queen Qaddafi to stop hostilities ... |
| | | ... etc. to hose down uprisings. A "Day of Rage" on the 11th and 20th of this month had been twittered and facebooked in Saudi Arabia. What happens there could determine whether oil reaches (and stays) US$140 or US$150 - but certainly not US$300 - in the ... |
| | | ... significantly longer compared to ongoing Libyan production." And of course, that spookiest of all questions, what if Saudi Arabia itself falls or the oil-producing MENA nations all fall down? Agree. There's no doubt, the world will be in a whole heck ... |
| | | ... Gaddafi has been shot. "There's also also a lot of speculation that it doesn't matter what happens with the oil because Saudi Arabia is gong to come in and fill the gap." Mixed economic data out of the US overnight also adds to uncertainty, with fewer ... |
| | | ... markets couldn't care less if Libya is vapourised along with its two per cent contribution to daily global oil supply. Saudi Arabia alone has more than enough in excess reserve to fill the gap. The problem is that other major oil-producing nations like ... |
| | | ... there's enough in reserves even if Qaddafi turns Libya into rubbles. Similarly, while the King of the Kingdom of Saudi Arabia - OPEC's biggest oil producer - and that of Kuwait's - another major oil producer - maybe losing sleep over the unfolding MidEast ... |
| | | ... global payments processing systems. In January, it launched treasury, money market and foreign exchange operations in Saudi Arabia. Gray said that the group will continue to improve on its client services and products this year. "Our prospects in 2011 ... |
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