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View Full Version : UAE Pulls Out of Gulf Monetary Union Project - Bloomberg



NewsWhore
05-20-2009, 06:30 AM
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UAE Pulls Out of Gulf Monetary Union Project (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DapKjk_2.NGGA%26refer%3Dhome&cid=1245981058&ei=CN4TSoXQGIqQmAfy5vmjCA&usg=AFQjCNEiTqx-0xGHAt5EJoHuyjl5NUBuOg)
Bloomberg
“The single currency is dead,” said Eckart Woertz, an economist with the Dubai-based Gulf Research Center. “It&#39;s like France saying it wants to pull out of the euro.” The five states agreed on May 5 to locate the Monetary Council, the precursor to a ...


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