FILE - In this March 5, 2020, file, photo, two women wearing masks dressed as sword-wielding anime characters pose for a photograph at the Middle East Film & Comic Con in Dubai, United Arab Emirates. he United Arab Emirates will shut down its schools for four weeks as the coronavirus threatens global oil prices, airlines and Dubai’s upcoming Expo 2020 world’s fair. (AP Photo/Jon Gambrell, File)
March 11, 2020
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Saudi, UAE economies rocked by plunging oil prices and virus
DUBAI, United Arab Emirates (AP) — It's been a turbulent week for Saudi Arabia and the United Arab Emirates, and it's only Wednesday. Already pained by years of economic slowdown and unpopular austerity measures, Gulf Arab states now face the most challenging headwind to their stability: crashing oil prices.