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Dubai debt problems cast shadow over region (AP)

This Sept. 1, 2009 picture shows westerners as they walk on the Marina Walk promenade in Dubai, United Arab Emirates. Debt-burdened Dubai insisted that it took into account market fallout from its appeal to delay paying creditors, but offered no specifics and did little to ease worries that dragged down global markets for a second day Friday Nov. 27, 2009. (AP Photo/Kamran Jebreili)AP - For years, Dubai seemed unstoppable, an oasis of excess boasting indoor ski slopes and manmade islands, the world’s tallest tower and dreams that reached even higher.

This entry was posted on Saturday, November 28th, 2009 at 6:33 am and is filed under Word News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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