WORLDPOST
03/18/2010 05:12 am ET | Updated May 25, 2011

Investors worry Dubai financial woes may spread

Stocks sank in Asia, Europe, and the U.S. this week after reports that the government-owned investment arm of Dubai in the United Arab Emirates cannot pay back its loans to banks in Europe and Asia.

Marcus Mabry,  international business editor of The New York Times, joins Martin Savidge to discuss the ripple effects on the global economy, which had been showing signs of revitalization.

(View full post to see video) Stocks sank in Asia, Europe, and the U.S. this week after reports that the government-owned investment arm of Dubai in the United Arab Emirates cannot pay back its loans to banks in Europe and Asia. Marcus Mabry, international business editor of The New York Times, joins Martin Savidge to discuss the ripple effects on the global economy. http://worldfocus.org/files/2009/11/th_intv_mabry.jpg http://worldfocus.org/files/2009/11/th_intv_mabry.jpg

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