Huffpost Business

Abu Dhabi Won't Bail Out Dubai

Posted: Updated:

ABU DHABI (Reuters) - Abu Dhabi, wealthy capital of the United Arab Emirates, will "pick and choose" how to assist debt-laden neighbor Dubai, a senior official said on Saturday, after fears of a Dubai default sent global markets reeling.

Read the whole story at Reuters

Around the Web

Stocks slide on concerns about Dubai debt fallout - Yahoo! News

Dubai request for debt 'standstill' raises fear - Yahoo! News

Dubai Debt Woes Raise Fear of Wider Problem -

BBC World Service - Business - Dubai announces debt payment delay