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  • Other countries such as the UAE (up 48 percent), Bahrain (up 53 percent) and Qatar (up 59 percent) have seen government spending increase over the same time period.Carnegie says the result is, ???OPEC countries have stronger incentives to defend higher oil prices, i.e. any drop in the oil price could mean lower OPEC production in order to try to secure higher oil prices.??? It also means these cou
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