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Explain "haircuts" when a government defaults its debt.
West Bank
A territory located in the Middle East, landlocked between Israel and Jordan, central to the Israeli-Palestinian conflict.
Bahrain
A small island nation in the Persian Gulf, known for its financial sector, oil production, and as a regional hub for trade and culture.
Saudi Arabia
A country located on the Arabian Peninsula, known for its vast oil reserves and as the birthplace of Islam.
Occupy Movement
The Occupy Movement was an international protest movement against social and economic inequality, primarily known for its initial Occupy Wall Street demonstration in New York City in 2011.
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