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Economy
In reply to the discussion: STOCK MARKET WATCH -- Wednesday, 28 March 2012 [View all]Demeter
(85,373 posts)68. Ali Naimi - There is no rational reason for high oil prices
It is clear that sustained high prices are starting to take their toll on European economic growth targets. They are contributing to trade balance deficits and feeding inflationary pressures. It is an unsatisfactory situation and one Saudi Arabia is keen to help address.
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http://link.ft.com/r/YIQXNN/AMUDS7/9MEOW/IIPB9Z/II6AXX/LE/t?a1=2012&a2=3&a3=28
THEN HAVE THE HOUSE OF SAUD TAKE OUT GOLDMAN SACHS...THAT OUGHT TO FINALLY BRING PEACE TO THE MIDDLE EAST, AS WELL.
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