ABU DHABI/WAM The Central Bank of the UAE (CBUAE) imposed varying financial sanctions amounting to ...
Read More »How world’s fastest-growing economy went bust
Not so long ago, Mongolia was the world’s fastest-growing economy. Now, by nearly every metric, it’s in a dire fix. Its debt has surged, its currency has plummeted, and its budget deficit has widened alarmingly. Foreign investment has dried up and economic growth all but ceased. Even the poor antelope are beset by plague. Making matters worse, some staggering ...
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