What Dubai Means For The U.S.

New Republic by Noam Scheiber | Nov. 28, 2009 (News Analysis)

Traders are racing to figure out what the default by Dubai World Group on $60 billion of debt means for their portfolios and the global economy. Dubai World is a conglomerate with large holdings of commercial real estate and ports across the globe, among other assets. The government of Dubai, one of seven states that form the United Arab Emirates, owns 100 percent of the company, but has no obligation to back its debt. Full Story »

Posted by Derek Hawkins

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Subjects: World, U.S., Business, Living
Topics: Global Economy, U.S. Economy, Finance, Money
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# Tweets: 1 (as of 2009-11-28)
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Posted by: Posted by Derek Hawkins - Nov 28, 2009 - 9:29 AM PST
Reviewed by: Derek Hawkins (review), Douglas Hord (review), Patricia Blochowiak (review), Joel Kulenkamp (review), Eduard P East (review), Kaizar Campwala (review)
Content Type: Article
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Edited by: Derek Hawkins - Nov 28, 2009 - 9:31 AM PST
Related Comments: Global Economy (2)

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Joel Kulenkamp
4.5
 by Joel Kulenkamp - Nov. 28, 2009

I always love a very concise point-by-point format of articles such as this.

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Douglas Hord
4.4
 by Douglas Hord - Nov. 28, 2009
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Patricia Blochowiak
3.7
 by Patricia Blochowiak - Nov. 28, 2009
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Kaizar Campwala
3.9
 by Kaizar Campwala - Nov. 29, 2009
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Derek Hawkins
3.5
 by Derek Hawkins - Nov. 28, 2009
Derek posted this story.
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Eduard P East
3.7
 by Eduard P East - Nov. 28, 2009
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