Dubai Debt Leads To Abadoned Cat And Dog Problem (VIDEO)
GlobalPost looks at Dubai's abandoned pet problem. ...
GlobalPost looks at Dubai's abandoned pet problem. ...
AP | BARBARA SURK and ADAM SCHRECK | Posted 05.25.2011
DUBAI, United Arab Emirates — Dubai's government on Thursday said it will pump up to $9.5 billion into Dubai World, outlining a long-awaited res...
AP | ADAM SCHRECK | Posted 05.25.2011
DUBAI, United Arab Emirates — Visitors on the observation deck of the world's tallest tower heard a loud boom, then saw dust that looked like sm...
Reuters | Amran Abocar | Posted 05.25.2011
DUBAI (Reuters) - Abu Dhabi's $10 billion December bailout to Dubai included $5 billion already committed by two banks controlled by the emirate, sign...
AP | ADAM SCHRECK | Posted 05.25.2011
DUBAI, United Arab Emirates — Dubai World, the cash-strapped conglomerate at the center of Dubai's debt crisis, appears set for an unaccustomed ...
New York Times | Posted 05.25.2011
Thanks to low interest rates and other recent policies to support the real estate market, houses in this country are not especially cheap today, compa...
AP | BARBARA SURK and TAREK EL-TABLAWY | Posted 05.25.2011
DUBAI, United Arab Emirates — If global investors were looking for reassurances from Dubai that it would stand behind its massive, debt-swamped ...
nytimes.com | LANDON THOMAS Jr. | Posted 05.25.2011
LONDON -- The bond vigilantes are back. But this time they are roaming mostly through Europe rather than the United States -- at least for now. Their...
AP | BRIAN MURPHY | Posted 05.25.2011
DUBAI, United Arab Emirates — When work began in 2004 to build the world's tallest tower, Dubai's confidence also was sky high with a host of me...
AP | BARBARA SURK and TAREK EL-TABLAWY | Posted 05.25.2011
DUBAI, United Arab Emirates — Dubai's ruler looked to calm panicky investors Tuesday with a message that all was well in the glitzy city-state a...
AP | STEVENSON JACOBS | Posted 05.25.2011
NEW YORK — Dubai's debt crisis rattled world financial markets Friday, raising concerns that some banks could further tighten lending and stall ...
forbes.com | Nouriel Roubini | Posted 05.25.2011
t the heart of the saga is a message that investors shouldn't assume implicit government support. Credit ratings for Dubai-owned companies now reflect...
Fareed Mohamedi | Posted 05.25.2011
Despite this proclivity towards over-borrowing, the fundamentals of the Dubai model are still sound. The infrastructure has been built and is still very useful, and the underlying business logic is still very viable.
Daniel Bruno Sanz | Posted 05.25.2011
Change the names, dates and particulars of the Algerian War, the Vietnam War and Soviet war in Afghanistan, and the history of mighty powers recycles itself in Af-Pak-Iraq.
AP | Posted 05.25.2011
NEW YORK — Dubai World's investment arm, Istithmar, lost ownership of the W Union Square New York hotel in a foreclosure auction Tuesday. One o...
Project Syndicate | Kenneth Rogoff | Posted 05.25.2011
There are those that revel in what they see as a come-uppance for brash Dubai's outsized ambitions. I, for one, do not share this view. Yes, Dubai, wi...
By OSKAR GARCIA | Posted 05.25.2011
LAS VEGAS, (AP, OSKAR GARCIA) -- Sin City is pinning its biggest bet ever -- $8.5 billion -- on a 67-acre, six-tower complex of striking hotels, gourm...
Posted 05.25.2011
Dubai's decade of oil wealth, property speculation and wild dreams created a roster of projects that are awe inspiring in their ambition. The world'...
Sultan Sooud Al-Qassemi | Posted 05.25.2011
Dubai World's request for a debt "standstill" should not be seen as a shock. In fact, it is surprising that it took so long for it to happen.
AP | BARBARA SURK and TAREK EL-TABLAWY | Posted 05.25.2011
DUBAI, United Arab Emirates — The United Arab Emirates has pledged to stand behind foreign and domestic banks in the country, offering additiona...
GlobalPost | Christopher Booker And Tomd Hundley | Posted 05.25.2011