Gulf markets slump on regional unrest (AP)

Posted by Yahoo! News: Stock Markets News on March 15th, 2011

A barricade set up by Bahraini anti-government protesters Sunday, March 13, 2011, prevents traffic from entering the capital of Manama, Bahrain, with the skyscrapers of its financial district seen in the background. The demonstrators set up the barricade after riot police left the area, failing to dislodge them with rubber bullets and tear gas from their encampment at Pearl roundabout. (AP Photo/Hasan Jamali)AP – Gulf Arab stock markets slumped Tuesday and the cost of insuring Bahrain’s debt surged, as investor unease with the political volatility in the tiny island nation appeared poised to grow with the declaration of a three-month state of emergency.


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