February 22, 2011 at 07:00 AM EST
Middle East ETFs Under Pressure As Protests Intensify
Investors have become familiar with the term “contagion” in recent years, but most are accustomed to hearing the phenomenon discussed in relation to sovereign debt defaults in Europe or across U.S. municipalities. But in recent days the Middle East has seen a wave of revolutionary protests and rallies spread across the region, as what began as calls for democratic overhauls in Cairo has quickly spread to a handful of other countries. U.S. markets were closed on Monday for the President’s Day holiday, with investors focusing on overseas developments anyways. Yemen’s president shot down calls for his resignation that have intensified during ten days of demonstrations throughout the country. “Why do they want to return to chaos?” said Ali Abdullah Saleh, who also offered to sit down to discussions with protestors inspired by movements that forced out leaders in Egypt and Tunisia [see also Examining International Dividend ETFs]. In Bahrain, an oil [...] Click here to read the original article on ETFdb.com. Related Posts: ETFs To Watch As Egyptian Drama Plays Out Emerging Market ETF Investing: Beyond The BRIC Middle East ETFs In Focus As BlackBerry Showdown Looms ETFs To Invest In The World’s Fastest Growing Economy (No, Not China) Beyond the BRIC: Ten Country-Specific Emerging Markets ETFs
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