There is an old saying that “All that glitters is not gold”. This saying is so when one analysis is made of the Dubai financial crisis.
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Tuesday, March 9, 2010 (The Nassau Guardian)
Consumers Expect Economic Rebound to Start in 14 Months (Zawya)
March 8th, 201009 March 2010 DUBAI – The UAE consumers are optimistic that economic rebound for the country could begin in 14 months, and expect a full recovery in late 2012, according to a study released on Monday.
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Consumers Expect Economic Rebound to Start in 14 Months (Zawya)
UAE consumers expect economic rebound to start in 14 months (MENAFN)
March 8th, 2010UAE consumers expect economic rebound to start in 14 months
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UAE consumers expect economic rebound to start in 14 months (MENAFN)
Emerging-Market Stocks Climb to Six-Week High on Dubai, Greece (Bloomberg)
March 8th, 2010March 8 (Bloomberg) — Emerging-market stocks climbed to a six-week high, bonds rose and currencies strengthened as Greece and Dubai moved closer to resolving their debt woes and evidence increased that the global economic recovery is accelerating.
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Emerging-Market Stocks Climb to Six-Week High on Dubai, Greece (Bloomberg)
The Global Debt Crisis (Ludwig von Mises Institute)
March 8th, 2010As the ominous example of Japan shows us, soaring debt levels (resulting from fiscal stimulus and low growth) and financial forbearance (socializing private losses) is not a recipe for economic success.
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The Global Debt Crisis (Ludwig von Mises Institute)
Company Debt Risk Falls to 7-Week Low on Greece: Credit Markets (Bloomberg)
March 8th, 2010March 8 (Bloomberg) — The cost to protect against corporate defaults fell to the lowest in seven weeks as optimism builds that Greece’s budget crisis will be contained and Dubai moves closer to restructuring its debt.
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Company Debt Risk Falls to 7-Week Low on Greece: Credit Markets (Bloomberg)
Abu Dhabi likely to support UAE central bank -S&P (Reuters via Yahoo! Asia News)
March 8th, 2010DUBAI, March 8 (Reuters) – Abu Dhabi is likely to support the United Arab Emirates central bank should it need to pump capital in the domestic banking sector, an official at ratings agency Standard & Poor’s said on Monday.
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Abu Dhabi likely to support UAE central bank -S&P (Reuters via Yahoo! Asia News)
Bond Risk Falls to 6-Week Low on Greece, Dubai: Credit Markets (Bloomberg)
March 8th, 2010March 8 (Bloomberg) — The cost to protect against corporate defaults fell to the lowest in more than six weeks as optimism builds that Greece’s budget crisis will be contained and Dubai is moving closer to restructuring its debt.
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Bond Risk Falls to 6-Week Low on Greece, Dubai: Credit Markets (Bloomberg)
Bond Risk Falls to 6-Week Low on Greece, Dubai: Credit Markets (BusinessWeek)
March 8th, 2010The cost to protect against corporate defaults fell to the lowest in more than six weeks as optimism builds that Greece’s budget crisis will be contained and Dubai is moving closer to restructuring its debt.
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Bond Risk Falls to 6-Week Low on Greece, Dubai: Credit Markets (BusinessWeek)