UAE Official: Dubai World's Debt Is Its Own

This is interesting stuff - suddenly someone turns around and tells everyone that Dubai World has nothing to do with the Sovereign debt of Dubai. What were you thinking?

Remember, Dubai World owns most of what you know Dubai for. Plus, assets abroad. One wonders what happens next. Would the borrowers of last resort strip Dubai of everything and decamp? And may be assemble at Abu Dhabi.

UAE Official: Dubai World's Debt Is Its Own


Popular posts from this blog

Lord Macaulay's Speech on Indian Education: The Hoax & Some Truths

When Does Business Gift Become A Bribe: A Marketing Policy Perspective

The Morality of Profit

Why Should Britain Apologise For The Empire?

The New Education Credentials

On Being A Hindu

The Idea of India and Its Thinkers

Building University 2.0: Beyond Platforms and McDonaldization

Why Am I Optimistic About New Universities in India?

Can India Export Higher Education?

Creative Commons License