REGIONAL

MENA Facing Uncertainty From Arab Spring, Eurozone Crisis, Says World Bank

The MENA region faces two sets of tensions – the possibility of continued political turmoil from the Arab Spring and the fallout from the Eurozone crisis, which is impacting goods trade, commodity prices and tourism, said the World Bank it its Global Economic Prospects 2012 report, released on 18 January. It warned that developing countries should prepare for further downside risks due to the Eurozone...