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Source: http://www.washingtonpost.com/wp-dyn/content/article/2007/10/29/AR2007102902130.html?hpid=topnews
Oil Nations Amassing Cash Hoards
[Washington Post] David Cho and Thomas Heath - Oil-rich Middle East states are aggressively stockpiling some of the largest concentrations of investment money in history. The government of Libya has amassed $40 billion and is ready to put it in play on Wall Street. Tiny Qatar is adding $1 billion a week to its investment coffers. The Abu Dhabi Investment Authority has an estimated $875 billion to invest. The price of oil reached $93.53 a barrel on Monday.