Middle East Economic Survey

VOL. LIII

No 42

18-Oct-2010

REGIONAL

Samba: OPEC Should Show Sustained Restraint As Demand Growth Slows

The likelihood of the global economy experiencing a double dip recession in the near future has lessened, though it will be affected by a nagging slowdown in developed economies, Samba Financial Group has said in a new report. In its latest edition of Economic Monitor, the bank projects global GDP growth of 4.3% in 2010 and 3.9% in 2011. With three months left...