Name that tax the “Bush Iraq Debt” tax, and use every penny from that tax to pay down the portion of the national debt that was created by Bush’s war (with a built-in “self destruct” feature that makes the tax expire once Bush’s war has …
Dubai Debt Woes Raise Fear of Wider Problem (New York Times)
Dubai’s inability to repay its debt is fueling concern that other countries and institutions, and not just in emerging markets, could be in trouble too.
Dubai ruler’s dream turns to debt nightmare (AFP via Yahoo! News)
Dubai ruler Sheikh Mohammad bin Rashed al-Maktoum, who put his desert emirate onto the world map with a rapid development drive, now faces a debt crisis that could wreck his dream.
The Oil Drum | Dubai's Debt Troubles: Beginning of the Next Leg Down?
Most of us have heard that Dubai World is asking for a six month delay in paying back its debt. The debt was supposedly backed by the Dubai government, so Standard & Poor’s considers this a default of the Dubai government. …
RealClearPolitics – Dubai Debt Woes Raise Fear of Wider Problem
Of the many economies that gorged on debt in the boom years, Dubai stood out. In the space of a few years the emirate’s investment arm, Dubai World, racked up $59 billion in debt, borrowing to build lavish developments like a giant …
City in debt: Mobile's liability worries officials | Breaking News …
The city’s old debt payment schedule had totals of about $22 million for this year and next, followed by about $25 million a year until 2020. The payments then dropped to about $14 million a year until 2030. …
Dubai Jitters Infect Debt of Sovereign Spendthrifts : THE TEMASEK …
The Dubai government roiled markets this week with its move to delay debt payments owed by its flagship holding company, Dubai World. The company is stressed by tens of billions in debt that funded spending on glitzy real-estate …
Diversity keeps debt at hire firm Vp falling as profits slide 35pc (Yorkshire Post Today)
EQUIPMENT hire group Vp said it continues to navigate the downturn successfully thanks to its diversity and financial strength, in spite of seeing revenues and profits fall. (27/11/2009 19:09:53)
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