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Daily Archives: Dec 20, 2016

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

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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