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Daily Archives: Dec 20, 2016

Saudi Arabia plans $2-trillion mega-fund to wean the kingdom off oil

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Saudi Arabia gets ready for the twilight of the oil age by creating the world’s largest sovereign wealth fund for the kingdom’s most prized assets. 'Fragile five': These OPEC producers take presctiption the verge of collapse if oil prices don't stabilize ‘There are five sovereign producers which are on the precipice of a major crisis amid the current low oil ...

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