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The Economic Times
1 hr ago
Comment
Dubai's shock alert of possible debt default will send Gulf markets plunging when they reopen this week after a four-day break, with Dubai and Abu Dhabi worst hit, economists predicted on Sunday.
The Economic Times
9 hrs ago
Comment
The money needed to pay off Michael Jackson's huge debts has been raised within five months after his death.
New York Times
Nov 28
Comment
Dubai’s inability to repay its debt is fueling concern that other countries and institutions could be in trouble too.
The Globe and Mail
Nov 28
Comment
The financial crisis provoked a global front to stimulate economies through massive spending. But this was fuelled by a staggering amount of borrowing. Now governments are realizing that a new calamity looms - higher taxes and slashed social programs
AlphaNinja
Nov 27
Comment
Post-Thanksgiving trading was very light as expected, with the market only open for a half day.
US stocks followed the lead of international shares, with the DJIA off 155points. Markets were spooked by the continued fears over Dubai...
The Mess That Greenspan Made
Nov 27
Comment
Who would have ever thought that debt in Dubai would someday be a problem?
In a story that sounds all too much like that of a U.S. real estate agent who, after a couple of good years in the middle of the decade decided to get levered up to the...
Wall Street Journal
Nov 27
Comment
The tab for the leveraged buyout boom of 2006 and 2007 will start coming due in a few years. But the mere fact that a large block of debt is coming due does not necessarily mean a slew of defaults will follow.
The Bullish Bear
Nov 27
Comment
Dubai is all over the news today!
Dubai's debt funded real estate expansion, continues to haunt the U.A.E.
Palm islands, a world map and many other developments all funded by a mountain of debt.
An investor driven Dubai real estate market, has...
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