Spending is one thing, spreading value in the Gulf is another | GulfNews.com:
"It has not been difficult to sense recently that around the world, other than the US, a certain doubt is growing about economic prospects and policy methods, several years on from the outbreak of the global financial crisis.
Indeed, perhaps it was only an outbreak, and a war of policy attrition continues, against the lingering threats of growth dependent on easy money, persisting debt overloads and the possibility still of a further, potentially even more shocking credit disorder.
It’s an unavoidable context that now frames most business projects in most locations. Even in the Gulf, the bedrock beneath the region’s rebound, namely firmly-situated oil prices, is being shaken, quite possibly in a crucial contest for market share, as a structural pendulum appears to shift in favour of the US, while global demand cyclically suffers.
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