Word: crisises
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
While the Anglophile sheik kept a stiff upper lip, Dubai's inability to pay its debts is a heavy blow to an ego that easily dwarfs Dubai's gleaming new 160-story skyscraper. In the wake of the 2008 global financial meltdown, Sheik Mohammed repeatedly waved off predictions of Dubai...
See 25 people to blame for the financial crisis.
Sheik Mo, as he's dubbed by the media, was tweeting in London last week when officials back home stunned financial markets by announcing a request for a six-month repayment standstill on part of the sheikdom's $80 billion debt. The immediate issue is Dubai's inability to come...
For a lifeline out of the crisis, Sheik Mohammed will certainly look again to Abu Dhabi, whose vast oil deposits make it by far the richest U.A.E. entity. It stepped up with $10 billion in support immediately after the global crash in 2008 and can be expected to do so...
See 25 people to blame for the financial crisis.