Ahmad bin Byat Named Acting Head of DPG

Maybe Sheikh Mohammed Oughta Resign

By: swinginjazzz

Call me crazy... but I think that it might just be time for Sheikh Mohammed bin Rashid al-Maktoum, the ruler of Dubai, to step down. He has proved himself to be utterly incompetent. He has been a failure. And he has made an absolute mess of things in Dubai. Dubai is in so much debt. So... much... debt!!! The Dubai government has asked its ...

11 days ago

Dubai recovery hopes hit by debt 'standstill' call

By: intellectual

Dubai, the credit-crunched Gulf playground, has shattered hopes of imminent financial recovery by asking for a six-month "standstill" on major parts of its debt Dubai World, one of the emirate's main state holding companies, said it was asking for a delay on maturities until at least May 30. It has $60bn (£35.9bn) in declared ...

12 days ago

AN ALARM: Great collapse in many stock markets

By: ASMASH

  Stocks tumbled for second day on Friday due to Dubai’s debt issue. Dubai’s shock demand to suspend the debt of a key state company. The Dow Jones industrial average fell 193 points, after closing Wednesday at a 13-month high. The S&P 500 lost 24 points after closing Wednesday at a 13-month ...

10 days ago

Iran rebuked over nuclear 'cover-up' by UN watchdog

By: BiodunIginla

Friday, November 27, 2009 Search term http://www.allvoices.com/s/event-4703715/aHR0cDo

10 days ago