We bring you the 65,000’th post in the blogosphere informing you of impending doom because, hold your breath, someone managed to foreclose a mortgage in ...
Dubai: Bailed out by Abu Dhabi Abu Dhabi stepped in to help fellow United Arab Emirates member Dubai with a $10 billion injection, of which $4.1 billion was ...
Bloomberg: India Studying Impact of Dubai’s Debt Delay Plan: India, the world’s top recipient of migrant remittances, is examining the effect Dubai’s ...
Picture this: Dubai World, an entity owned by the Dubai government, has borrowed about $60 billion. It’s not in great shape, so it asks its lenders for a ...