Chart has short term potential, page-29

Bloomberg today . HSBC in a report said ' Gulf Cooperation Council countries are struggling to refinance $94 bl of debt .The countries also face current account deficits of $395 bl mostly from UAE and Qatar .Compounded by tightening regional liquidity , rising rates and recent downgrades , finances are at there lowest level in twelve years . Outstanding bonds and syndicated loans at unprecedented $610 bl. Not so flash for cash now , are they ?