Published: Jul 01, 2020, 20:00 IST | Updated: Jul 01, 2020, 20:00 IST
World Jul 01, 2020, 20:00 IST
Gravitas: Oil Not Gulf's Golden Goose Anymore
Shiny skyscrapers and sprawling shopping malls in Gulf countries may become remnants of a prosperous past. The pandemic and low oil prices have turned the rich oasis into a mirage. Now, the IMF expects a steep economic slump in 2020. WION's Palki Sharma tells you more.