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World Bank: Wars, cheap oil is hurting Middle East growth

Economic growth in the Middle East and North Africa last year likely came to just 2.6 percent instead of 2.8 percent, the World Bank said Thursday. 

The World Bank said on Thursday that 2015 economic growth in the Middle East and North Africa likely came to just 2.6 percent, falling short of a 2.8 percent forecast in October as war, terrorism and cheap oil took their toll.

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