Friday, April 24, 2009
Dubai miracle
"The city-state, however, is still straining under a short-term debt load.  Dubai's real-estate market has dropped, and prospects are dim this year for  tourism, transportation and financial sectors. That means persuading investors  to lend more, or seeking more federal funds, is key to staving off a hard  landing." (thanks Nabeel)
 
 
 
 
 
 
 
 
 
