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Middle East’s $2 Trillion Wealth Could Be Gone by 2034, IMF Says
The Arab monarchies of the Persian Gulf face a budget reckoning and risk squandering their $2 trillion in financial wealth within 15 years as oil demand nears peak levels, according to the International Monetary Fund. Global oil demand may start falling sooner than expected, putting a strain on the finances…
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Click here to read the full story: Bloomberg