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Dubai World is not a Lehman Brothers: economist

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Uploaded by on Nov 27, 2009

The shock news that Dubai's key state-owned firm, Dubai World, wants to halt debt payments for six months sent world markets tumbling, but economists say the fundamentals of Dubai are solid. Duration: 00:43

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News & Politics

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Top Comments

  • These economists are cheerleaders for the governments. They cannot be trusted.

  • Dubai's economy is going down ! better invest somewhere else :)

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All Comments (13)

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  • by the way, didn't these loser cities New york and London exaggerate h1n1 influenza?

    These cities lost their position so they see the world is over, so no wonder any tiny bad news exaggerated by them.

  • am from United Arab Emirates, these news do not impact us at all, thanks to God.

    we live in a good life before Dubai world and after it too.

    I think these news are exaggerated by cities like New York and London so that they do not lose their position in the world for Dubai.

    some ignorant are bullying the bad news too.

    what "Big fish" Dubai World do and say is totally business and the Big fish eats the "small fish" New york and London Banks.

    & who cares about losers bad comments against Dubai

  • Living in Dubai and there is no impact of this news on street. Yes markets went down but it was always on card. News like these r no surprise to Dubai residents as we were expecting this to come.

    Fuck Capitalism and Communism

  • Hahaha, like hell people are going to believe this.

  • you are such a idiot if you honestly beleive this, and this is coming from an australian with a european backgrounds, you gotta be dummer then what the arabs are with that comment

  • Muslimbychoice , How about the millions of women that Islam takes away their choices , education , have to wear a hijab , burka ,etc and are treated as less than men , The Islamic countries for the most part haven't evolved since the 9th century , I say everyone in the Free and western countries follow Sarkozy's lead ,No tolerance for the intolerant!....

  • Its funny how the United States can just push a button and suddonly all the other countries markets that are intertwined can start crumbling

  • I don't believe him... Default sounds more like it

  • Dubai is a piece of shit.

  • Phew, I almost invested there, but then decided to make a payment on my mortgage. :-)

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