  Deficit and debt levels are also mounting in the U.S.A. To a certain extent, its special role as an international reserve currency shields the U.S. dollar. But hesitant recovery and the recent downgrading by a major rating agency point toward emerging market tensions.   Japan has, to a large extent, overcome the damages of the catastrophic earthquake.
Rasheed Mohammed Al Maraj: Brief review of Bahrain’s financial market developments Speech by His Excellency Rasheed Mohammed Al Maraj, Governor of the Central Bank of Bahrain, at the TradeQuest Challenge Awards Presentation and Luncheon, Manama, 28 April 2007. *  *  *  Your Excellencies, Distinguished Guests, Ladies and Gentlemen, Good Afternoon.