Costly Arab Spring to yield bumper harvest for bankers (and Israel isn’t complaining either) http://alethonews.wordpress.com/2011/05/27/costly-arab-spring-to-yield-bumper-harvest-for-bankers-and-israel-isn’t-complaining-either/

From the G8 summit, Reuters reports:The external financing needs of oil-importing countries in the Middle East and North Africa will exceed $160 billion over the next three years and donor countries must step in to help, the International Monetary Fund said on Thursday.In a report to the Group of Eight meeting in Deauville, France, the IMF urged G8 industrial nations and rich Arab partners to develop an action plan that lays out what help they could provide countries in need.

“The region needs to prepare for a fundamental transformation of its economic model,” Masood Ahmed, in charge of Middle East and Africa at the IMF, told journalists on the sidelines of a Group of Eight meeting in northern France.“This will be greatly facilitated if international players including the G8 can enter into strategic partnership with these countries…where incentives are linked to a social agenda.”