Tuesday, May 20, 2008

Diversify For The Long Term

Bush Tells Middle East To Diversify Economy
The US President George W Bush has called on the governments of the Middle East to embrace “the entrepreneurial spirit” of their people as the path to economic prosperity and political reform. In a speech highlighting the growing importance of the region in the world economy, Mr Bush threw out a challenge he said would “lead the Middle East to its rightful place as a centre of progress and achievement”. While addressing the World Economic Forum in Sharm el Sheikh yesterday, he marked what could be his final visit to the region as president with a ringing endorsement of the free market economy.

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