ID :
33014
Sat, 11/29/2008 - 22:47
Auther :
Shortlink :
http://m.oananews.org//node/33014
The shortlink copeid
King`s interview with Kuwaiti newspaper `Al-Siyassah` 4 Jeddah/Kuwait
Q: Do you think that the crisis will remain for a long time, and what
is its impact on us?
A: Experts of capitals and leaders of big countries which have been
affected by this crisis expect that the crisis will end within
one-and-half year. What they are in need, as they say, is the
restoration of confidence. I think that if the big world economies
get acquainted with means of cooperation among them, then they will
become capable of surpassing the crisis as they surpassed previous
crises. It is true that the crises were not with the same severeness,
but they were resolved.
As regards the second part of the question about the impact of the
crisis on us, I would like to say 'yes', it has affected, and created
tension and fear, because the capital is malaise, and the people
facing row either from the audio-visual media about the crisis and
its dimensions, and its move from a country to another, have become
worried, some look for a safe and secured place for his wealth, and
some others want to take opportunities, the people no longer believe
in anything except what is in their hands, but this state will not
continue for a long time.
Q: Does that mean that you were not harmed?
A: As a state, and money of the state, we have not been harmed, the
surpluses of oil are safe and they were not faced by any
complications at the world markets, and the private sector is capable
of protecting its wealth and investments.
As regards the brothers in the GCC (Gulf Cooperation Council) member
states, I don't know exactly to what extent they were affected by the
crises, but I hope their financial surplus and sovereign investments
will not be subject to any loses either little or big losses. I hope
that, and would like to confirm that we were with the grace of Allah
Almighty far away from the impact of this crisis, and here I mean our
'sovereign' capital.
The thing from which we were harmed was the fear of the people under
the assumption that what happens in America and the western countries
will have an impact on them with the same manner.
--more
is its impact on us?
A: Experts of capitals and leaders of big countries which have been
affected by this crisis expect that the crisis will end within
one-and-half year. What they are in need, as they say, is the
restoration of confidence. I think that if the big world economies
get acquainted with means of cooperation among them, then they will
become capable of surpassing the crisis as they surpassed previous
crises. It is true that the crises were not with the same severeness,
but they were resolved.
As regards the second part of the question about the impact of the
crisis on us, I would like to say 'yes', it has affected, and created
tension and fear, because the capital is malaise, and the people
facing row either from the audio-visual media about the crisis and
its dimensions, and its move from a country to another, have become
worried, some look for a safe and secured place for his wealth, and
some others want to take opportunities, the people no longer believe
in anything except what is in their hands, but this state will not
continue for a long time.
Q: Does that mean that you were not harmed?
A: As a state, and money of the state, we have not been harmed, the
surpluses of oil are safe and they were not faced by any
complications at the world markets, and the private sector is capable
of protecting its wealth and investments.
As regards the brothers in the GCC (Gulf Cooperation Council) member
states, I don't know exactly to what extent they were affected by the
crises, but I hope their financial surplus and sovereign investments
will not be subject to any loses either little or big losses. I hope
that, and would like to confirm that we were with the grace of Allah
Almighty far away from the impact of this crisis, and here I mean our
'sovereign' capital.
The thing from which we were harmed was the fear of the people under
the assumption that what happens in America and the western countries
will have an impact on them with the same manner.
--more
