Home The BuzzMorning briefing: 13 Nov 2012

Morning briefing: 13 Nov 2012

by Executive Staff

Economics Gold slipped in thin trade on Tuesday after the euro dropped to a two-month low against the US dollar and uncertainty about another tranche of financial aid for Greece to help pay off its debt kept investors cautious. More from Reuters   Brent crude slipped below US$109 on Tuesday, declining for a second day on worries about demand growth in a well-supplied market, as the United States and the European Union grapple with their financial woes. More from Reuters   Employees in the Middle East can expect a 6 percent salary increase in 2013. Salaries in Egypt are expected to see the biggest growth, predicted to rise 9.5 percent. More from AME Info   Consumer confidence in Lebanon hit a record low in the first half of 2012 following deterioration in economic performance and spillovers from the Syrian conflict, according to the Byblos Bank/AUB Consumer Confidence Index published Monday.

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