King Dollar still reigns supreme in liquidity-starved Gulf

There is a certain irony in seeing some of the world’s richest countries quietly ask the United States for financial relief. For decades, the Gulf monarchies cultivated an image of inexhaustible wealth: sovereign funds the size of nations, skylines raised from desert sands and hydrocarbon revenues so vast that deficits seemed like a problem for […] The post King Dollar still reigns supreme in liquidity-starved Gulf appeared first on Asia Times .