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The UAE remains the world’s fifth-largest in terms of gold jewellery demand despite falling consumption level in the past 12 months as the yellow metal’s rise to all-time highs above $2,400 an ounce this year continues to captivate global markets. With an annual gold jewellery demand of nearly 40 tonnes, the UAE shares the rank with Russia, followed by ...
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There are certain names that echo down from the history of finance and economics. Adam Smith is one. Milton Friedman is another. So does the British economist John Maynard Keynes. Keynes’ was, and famously remains, an advocate of government deficit spending in a recession. It’s hard to imagine now how radical this position was in the decade before the ...