Nov. 28 (Bloomberg) — India, the world’s top recipient of migrant remittances, is examining the effect Dubai’s attempt to delay debt repayments may have on Asia’s third-largest economy, central bank Governor Duvvuri Subbarao said.
Most U.S. Stocks Retreat on Concern Dubai Will Default on Debt (Bloomberg)
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)
U.A.E. Central Bank May Guarantee Dubai World Debt
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