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→West Asia
*[[IMF]]'s October 2026 outlook: [[Kuwait]]'s [[economy]] is forecast to shrink 16.7 percent in 2026. [[Qatar]]'s will shrink 15.6 percent, and [[Bahrain]]'s 11.3 percent. The [[UAE]], long sold as the region’s safe haven, is now expected to contract 3.9 percent, a seven-point swing from the IMF's April 2026 forecast. [[Saudi Arabia]] is forecast to shrink 3.3 percent. The only [[Persian Gulf]] economy still growing is [[Oman]], and that is because its ports sit outside the [[Strait of Hormuz]].
*[[IMF]]'s October 2026 outlook: [[Kuwait]]'s [[economy]] is forecast to shrink 16.7 percent in 2026. [[Qatar]]'s will shrink 15.6 percent, and [[Bahrain]]'s 11.3 percent. The [[UAE]], long sold as the region’s safe haven, is now expected to contract 3.9 percent, a seven-point swing from the IMF's April 2026 forecast. [[Saudi Arabia]] is forecast to shrink 3.3 percent. The only [[Persian Gulf]] economy still growing is [[Oman]], and that is because its ports sit outside the [[Strait of Hormuz]].
:Comment: This isn't good for [[interest rate]]s. Gulf economies used to buy [[US Treasury]] [[debt]] with oil profits. Now that they are not producing, they won't be financing the US [[budget deficit]] any more. In fact, should [[peace]] ever arrive, they will need to sell [[US treasury]] [[debt]] to finance reconstruction. In the meantime, they will be selling US Treasury debt just to survive. [[User:RobSmith|Foghorn Leghorn]]<sup>[[User talk:RobSmith|Do normal heterosexuals spend 20 yrs obsessing over gay bars, bathhouses and drag queens?]]</sup> 02:28, October 20, 2026 (EDT)
:Comment: This isn't good for [[interest rate]]s. Gulf economies used to buy [[US Treasury]] [[debt]] with oil profits. Now that they are not producing, they won't be financing the US [[budget deficit]] any more. In fact, should [[peace]] ever arrive, they will need to sell [[US Treasury]] [[debt]] to finance reconstruction. In the meantime, they will be selling US Treasury debt just to survive. [[User:RobSmith|Foghorn Leghorn]]<sup>[[User talk:RobSmith|Do normal heterosexuals spend 20 yrs obsessing over gay bars, bathhouses and drag queens?]]</sup> 02:28, October 20, 2026 (EDT)