print
gohome
HSBC: Arab Spring to cost Middle East $800 billion
By REUTERS
10/09/2013
DUBAI - The Arab Spring uprisings will end up costing Middle Eastern economies about $800 billion in lost output by the end of next year as countries struggle to restore stability, banking giant HSBC estimated on Wednesday.

In a research report, HSBC predicted that at the end of 2014, gross domestic product in the seven hardest-hit countries - Egypt, Tunisia, Libya, Syria, Jordan, Lebanon and Bahrain - would be 35 percent lower than it would have been if the 2011 uprisings had not happened.
print gohome
JPost.com: Arab-Israeli Conflict | Israel News | Diaspora | Middle East | Opinion | Premium | Blogs | Not Just News | Edition Francaise | Green Israel

Copyright © 2014 Jpost Inc. All rights reserved • Terms of UsePrivacy Policy