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Gulf cbanks warned on loose fiscal policyThe loose fiscal policy employed by Gulf central banks and the ramping up of social spending by their governments could store up trouble for the future, in the form of inflation or asset bubbles, say some economists. The International Mone More… |
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Singapore economy soarsSingapore's economy grew more strongly than expected in the first quarter, helped by a recovery in manufacturing, but the government warned of risks from asset price bubbles in Asia and the fallout from Europe's debt crisis. Offici More… |
