Posts Tagged ‘united arab emirates’

Dubai’s Debt Crisis and its Market Impact (Video)

By Paul Nowak • Dec 1st, 2009 • Category: Broker Commentary, Webinars

Lind Plus Senior Market Strategist Jeff Friedman discusses the impact of Dubai’s debt crisis on various markets. This video is part of “Lind Market Recap.”


Dubai Rocks Stocks

By Paul Nowak • Nov 27th, 2009 • Category: Market Updates

News of a debt crisis in Dubai shook stocks on what would otherwise be a quiet post-holiday trading session. The Dow Jones Industrial Average fell 154.48 points (1.48%) as Dubai announced on Wednesday that it would ask creditors of the state-owned Dubai World and Nakheel to defer debt payments. The news surprised investors and led [...]