Wednesday 21 May 2014

How Qatar became Europe’s top power-broker

How Qatar became Europe’s top power-broker:



"When in distress, American banks call Warren Buffett. In Europe, banks have turned instead to the Middle Eastern principality of Qatar.



This one-time impoverished British protectorate famous only for pearl-fishing may only be the size of Yorkshire – but Qatar's swoop on Deutsche Bank confirms its role as Europe's number one power-broker, having struck similar deals with Barclays, Credit Suisse, Dexia, KBL and Greece's Alpha Bank."



'via Blog this'

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