
Global Insight: Dubai's neighbours are wary Where are the oil-rich Gulf states? That has been a recurring reaction in international markets since Dubai delivered its shock call for a standstill on the debts of its flagship Dubai World...

2/12/2009 7:30:00 AM The price of gold reached above 1,200 dollars an ounce for the first time on Tuesday as a weak US currency pushed up demand for the precious metal viewed as a safe-haven investment, analysts said...

The Australian share market is expected to rebound on Monday as it becomes clear that local stocks have limited exposure to the Dubai debt crisis. Investor attention will then turn to a likely interest rate hike on Tuesday afternoon...

Desalination Australia Dealership Bankrupt Dubai repatriates OFW's
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Dubai officially Bankrupt !!!!!!! Dubai Real Estate Crash crisis collapse bubble burst economy Max Keiser Peter Schiff Jim Rogers Marc faber gerald celente world Iran UAE emirates ...

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Asian markets have followed Europe in a slide amid fears about Dubai's massive debt, which have also driven the U.S. dollar lower. South Korea's KOSPI lost 4.7 percent and Hong Kong's Hang Seng dropped 4.8 percent. (27 November 2009)

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Fresh fears over the size of Dubai's debt have sent shock waves through international markets, with major stocks and oil prices falling sharply. Dubai World, the country's largest conglomerate, wants to suspend payment on its sixty billion dollar debts until next May at the earliest. ...

Tremors from the shock request by Dubai's flagship government-owned holding company for a debt standstill spread through global equity markets on Friday, triggering a sell-off in Asia and heavy losses on Wall Street...

27/11/2009 10:00:00 AM Brad Pitt, Angelina Jolie and David Beckham are set to lose millions on their luxury homes in Dubai, as the emirate's debt spirals out of control leaving the future of the housing market hanging in the balance...

25 November 2009 – Nearly a month after back-to-back typhoons submerged villages across the Philippines, hundreds of thousands of people displaced or still living in flooded areas are in need of safe water, sanitation facilities and hygiene items, the United Nations humanitarian wing said today. ...

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