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Qatar world’s richest nation; expected to have double the US’s wealth by 2016: IMF

As the dust settles around nations and their sovereign debt positions after a particularly tumultuous summer, it is not much of a surprise that Qatar, which is the world’s largest exporter of liquefied natural gas, has a budget surplus of US$6.1 billion this year and forecasts economic growth of 16% in2011. Qatar surpassed Luxembourg as the world’s richest nation in…

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