World-News

http://www.brasschecktv.com/page/740.html

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Why Debt at Dubai World Is Shaking World Financial Markets
http://freepage.twoday.net/stories/6067814/

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Dubai Debt Debacle Rattles Markets, Confidence
http://www.lewrockwell.com/spl/dubai-debt-debacle.html

Dubai Debacle Just Tip of Iceberg
http://www.lewrockwell.com/faber/faber31.1.html

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UAE investor concern over repayment

Dubia's debts so large that some investors losing faith they will ever be repaid.
http://english.aljazeera.net/news/middleeast/2009/12/2009124155947168698.html


From Information Clearing House

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In Dubai, Financial Crisis Looms

Tom Hundley, GlobalPost: "Last year, when major banks in the US and Europe were teetering on the brink of collapse, Middle Eastern and Asian banks that specialize in Islamic financing were riding high. In the face of a global recession, the top 100 Islamic banks saw their combined assets grow by a gravity-defying 66 percent in 2008, according to figures compiled by The Asian Banker."

http://www.truthout.org/topstories/121409ms1



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