Often, in tough times, there's suspicion that others secretly enjoy your strife. Sometimes this schadenfreude is real, but often it is not. R. Seetharaman, the CEO of Qatar-based Doha Bank, on a press tour in New York last month, was certainly displaying none of it. Doha is the Middle East's fastest-growing bank with assets of $8 billion and some trade finance operations in New York that bring him to the States on a semi-regular basis.
His message was quite clear: the Middle East might be awash in dollars thanks to the geographical quirk that has bestowed upon it vast quantities of oil and natural gas resources, but when it comes to the global financial markets we are all in it together, and the U.S. is still, and will remain, the driving force for the global economy.