India Studying Impact of Dubai’s Debt Delay Plan (Update1) (Bloomberg)
November 28, 2009 by
Filed under Debt Counseling, Debt Settlement
Nov.
Ohio.com – Dubai's debt raises lending concerns
November 28, 2009 by
Filed under Debt Counseling, Debt Settlement
Analysts say financial woes could delay recovery of banks.
Abu Dhabi rides in to rescue Dubai from debt crisis (Times Online)
November 28, 2009 by
Filed under Debt Consolidation, Debt Counseling
Abu Dhabi is this weekend putting together a rescue package for Dubai, its debt-laden Gulf neighbour, in an attempt to restore calm in panicked international markets.
India says ‘no need to press panic button’ over Dubai debt (AFP via Yahoo! News)
November 28, 2009 by
Filed under Debt Counseling
India’s finance minister on Saturday urged investors to remain calm after Dubai delayed payments on its 59-billion dollar debt, saying there was “no need to press the panic button.”
Matthew Yglesias » The Neverending Debt
November 28, 2009 by
Filed under Debt Consolidation, Debt Counseling, Debt Settlement
The French government currently honors a very unusual debt contract: an annuity that was issued in 1738 and currently yields 1.20 Euros per year. I tell the story of this unique debt , which serves as an anecdotal but symbolic summary of …
In wake of debt crisis, Dubai’s Sheik Mohammed bin Rashid Al-Maktoum meets with Abu Dhabi (New York Daily News)
November 28, 2009 by
Filed under Debt Consolidation, Debt Counseling, Debt Settlement
As world markets absorbed the shock of Dubai’s debt crisis, the ruler of the once-booming city-state left town for an important meeting in a desert palace.
Dubai blackout over debt plans to hit Gulf markets (AFP via Yahoo! News)
November 28, 2009 by
Filed under Debt Consolidation, Debt Counseling
A lack of details on how Dubai plans to pay off its 80-billion-dollar debt mountain will hit Gulf stock markets sharply this week when they trade for the first time since news broke of the emirate’s problems, analysts predict.
Most U.S. Stocks Retreat on Concern Dubai Will Default on Debt (Bloomberg)
November 28, 2009 by
Filed under Debt Consolidation, Debt Settlement
Nov. 28 (Bloomberg) — Most U.S. stocks fell this week as speculation Dubai will default on its debt spurred concern that the recovery in the global financial system will stall, overshadowing fewer American jobless claims and more home sales.
U.A.E. Central Bank May Guarantee Dubai World Debt (Fox News)
November 28, 2009 by
Filed under Debt Counseling
U.A.E. Central Bank May Guarantee Dubai World Debt
Banks, world leaders play down Dubai debt threat – International …
November 28, 2009 by
Filed under Debt Consolidation
World leaders expressed confidence in the global economic recovery on Friday despite fears about a debt default by Gulf emirate Dubai, while major banks played down their exposure to the debt . Stocks from Tokyo to New York were haunted …