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July 14, 2009
U.S. tries to temper economic expectations in Middle East

As questions about the stability of the dollar are raised, America is attempting regain trust in its financial institutions.

During a visit to Saudi Arabia,U.S. Treasury Secretary Timothy Geithner told some of the country’s business leaders to expect what he called a “gradual recovery with more than the usual ups and downs and temporary reversals.”

Fadel Gheit, a managing director and senior oil and gas analyst at Oppenheimer and Company, joins Martin Savidge to discuss Geithner’s overtures to the Middle East.

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