Arab Winter Has Become Markets' Chief Worry

For financiers, the Middle East has turned from a source of oil-rich clients to a major anxiety. That was the view of around 200 guests at the Breakingviews Predictions summit in London on Jan. 14. They voted the region as the main reason for losing sleep this year ahead of China’s economy and collapsing commodity markets. Worries about an “Arab winter” are well founded.