Zimbabwe’s enormous foreign debt is hampering efforts to mend the economy, Finance Minister Tendai Biti said, urging the government urgently to resolve the debt crisis.
Investors shrug off Dubai debt crisis (BigPond News)
Saudi stocks closed down one per cent as investors shrugged off neighbouring Dubai’s debt crisis.
Saudi Shares Fall Most in Four Weeks on Dubai Debt Concerns (Bloomberg)
Dec. 5 (Bloomberg) — Saudi Arabian stocks fell the most in almost four weeks, led by Al Rajhi Bank and Samba Financial Group , on the first day of trading since Dubai World, a state- owned company in the neighboring United Arab Emirates, said it may delay debt payments.
Saudi investors shrug off Dubai debt crisis (AFP via Yahoo! News)
Saudi stocks closed down one percent on Saturday as investors shrugged off neighbouring Dubai’s debt crisis in the first trading day on the Riyadh market in nearly two weeks.
Dubai debt crisis can be contained, manageable – WB (Reuters via Yahoo! Philippines News)
NEW DELHI, Dec 5 (Reuters) – Dubai’s debt crisis will be contained and manageable, World Bank President Robert Zoellick said on Saturday.
New Jersey’s debt climbs to $33.9 billion (AP via Yahoo! News)
A new report paints a bleak picture of state debt.
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.
Wall Street braces for Dubai debt fallout, jobs data (AFP via Yahoo! News)
Wall Street braced for repercussions of the Dubai debt crisis to unfold and for looming key economic data, after winding down a turbulent holiday-shortened week.
Australia May Face Debt Crisis From Grants to Young Home Buyers (Bloomberg)
May 11 (Bloomberg) — Australian Prime Minister Kevin Rudd ’s bid to ensure his housing market avoids the global property slump may push a generation of buyers into a debt crisis.
Recent Comments