Tuesday 14 February 2012

Kuwait central bank governor resigns - FT.com

Kuwait’s long-serving central bank governor resigned on Monday, ending his 25-year run at the lender with sharp criticism of what he said were “unprecedented” increases in government spending.
Sheikh Salem Abdulaziz Al-Sabah, a member of Kuwait’s ruling family, resigned after elections that gave Kuwait’s loose-knit opposition a majority in the country’s parliament.

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