VOL. XLIV

No 39

24-September-2001

CAPITAL MARKETS

Long-Term Economic Impact OfAttacks In US Depends On Retaliatory Action

While the general consensus amonganalysts seems to be that the impact of the recent attacks in the US on regionalor even global markets is uncertain until the nature of retaliatory action isknown, the prospects of global recession and the less than spectacularperformance of regional markets in recent times suggest that things can onlyget worse. While Gulf markets are...