UN World Food Programme

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Summary: 

The Wall Street Journal reports on 27 January 2009 that major investment funds in the Middle East are facing portfolios frequently diminished by falling fortunes in the financial crisis, and thus are having to consider international investment cautiously. "The orientation of the funds has changed," the Journal quotes Simon Williams, Middle East chief economist at HSBC. "The onus is now on financing needs at home."

Date: 
01/27/2009