Gulf shares drop on Mideast unrest

The dominoes of control that characterized the dollar-centric system continue to wobble and fall. While the media focuses on the budding ‘Democracies’ for Northern Africa and Middle East, they blissfully ignore another interpretation suggested by gold, silver and oil markets. The dollar-centric system is falling under the guise favorable revolutions.

Stocks markets across the Gulf Arab states fell Sunday, with Dubai's largest exchange registering the steepest drop as unrest in the Mideast lapped at the shores of oil kingpin Saudi Arabia.

The Dubai Financial Market closed down 3.66 percent, to 1,536 points, with developer Emaar Properties' shares sliding 4.73 percent. The company was the force behind the Burj Khalifa, the world's tallest building. In Kuwait, the benchmark index closed down 2.52 percent, to 6,394, and bringing its year-to-date losses to more than 8 percent.

Source: finance.yahoo.com