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Saudi, UAE economies rocked by plunging oil prices and virus

by Associated Press
| March 12, 2020 12:05 AM

DUBAI, United Arab Emirates (AP) — It's been a turbulent week for Saudi Arabia and the United Arab Emirates, and it's only Wednesday. Already pained by years of economic slowdown and unpopular austerity measures, Gulf Arab states now face the most challenging headwind to their stability: crashing oil prices.

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