Kuwait – The Economist Intelligence Unit reported that some of the wealthiest countries in the Gulf Cooperation Council could decide not to follow the US Federal Reserve which has raised interest rates, citing Kuwait in particular because it does not want to stifle non-oil growth in the country, reports Al-Rai daily.
The EIU pointed out that this option is not available to Bahrain due to financial pressures on it, stressing in general that the…
