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Oil price fluctuations hampering GCC reforms

The oil-rich states of the Gulf Cooperation Council may talk about the need to diversify their economies and open themselves up to foreign investment, but any pick-up in the oil price seems to go hand in hand with reforms being put on the back burner

Nannette Hechler Fayd'herbe, chief investment officer for international wealth management and global head of economics and research at Credit Suisse, discusses the global economic outlook, trade wars and central bank policy with Elliot Smither.

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