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| Russia Will Join Economic Sanctions on Iran |
| 05/09/2008, Updated 11 Hours, 4 Mins ago |

| al-Sharq al-Awsat Reviews Israeli Economy |
| 05/09/2008, Updated 8 Hours, 38 Mins ago |

| New Chinese Refinery to Receive Saudi Crude |
| 05/09/2008, Updated 11 Hours, 23 Mins ago |

| Large Number of Fictitious Positions in Iraq's Two Major Ministries |
| 05/09/2008, Updated 11 Hours, 24 Mins ago |

| Egypt: April Inflation Surges to 3-Year Peak on Food Price Increase |
| 05/09/2008, Updated 11 Hours, 28 Mins ago |

| Egypt Aims to Increase Reserves to $38 Billion by June 2009 |
| 05/09/2008, Updated 11 Hours, 40 Mins ago |

| Libya: Qaddafi Tells Government to Distribute Oil Revenues to People |
| 05/09/2008, Updated 12 Hours, 17 Mins ago |

| Iran: India's MRPL Set to Sell 250,000 Tons of Diesel to the Islamic Country |
| 05/09/2008, Updated 12 Hours, 32 Mins ago |
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05/09/2008
The Secretariat of the Chambers of Commerce of the Federation of the Gulf Cooperation Council (GCC) warned of the negative social and economic influences of the migrant workforce, and stressed the need to develop effective policies to address them. It noted that according to the 2006 Arab Labor Organization, the percentage of the migrant workforce in the GCC countries represented 70.3% of...
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During the long years of Saddam Hussein’s rule in Iraq, economic data were treated as top national secrets, and the revelation of such data to unauthorized persons could bring the death penalty. Therefore, it was only after the fall of the regime that the extent of Iraq’s enormous foreign debt, estimated at the time in excess of $100 billion, was to become public record. Much of this debt was government-to-government, and hence the domain of the Paris Club. At the urgings of the United States and Iraq, the Paris Club recommended the cancellation of the Iraqi debt. Most countries, including the United States, the United Kingdom, France, China and Russia, have adopted the...
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