DFN: Al Jazeera view of Dubai’s financial problems. At the heart of the problem, is the massive amount of money spent on real estate projects of questionable future value. Abu Dhabi to ‘assist’ Dubai World http://english.aljazeera.net/business/2009/11/20091128144913644499.html The government said it would ask creditors of Dubai World for a debt moratorium, triggering panic [AFP] Abu Dhabi [...]
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