Word: dhabi
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...teenage son, John Patrick, bolt past and pound up the stairs. Lucero says he is a good kid. He does well in school. But, she adds, "I feel uncomfortable around him." She gave birth to her son, now 18, when she was working at a Holiday Inn in Abu Dhabi. She took him back to Manila to live with her mother when he was 3 months old, and left him there for 11 years while she continued working in the Middle East. "Now, sometimes when we fight, he'll say, 'Why did you leave me?'" Having spent all those years...
International growth markets offer another fresh source of cash. New sponsors in Asia and the Middle East poured close to $60 million into the sport this year; plans to introduce Grand Prix in Abu Dhabi, South Korea and India over the next three years will boost interest further. Lewis Hamilton surely counts on racing around those circuits. If costs come down enough, Fisichella will hopefully be right beside...
...projects worth some $180 billion were announced. Yet Dubai is vulnerable. As the gulf's business, transportation and tourism hub, it is more entwined with the global economy than many of its neighbors. And Dubai never enjoyed the profits from oil and natural gas that enabled sister emirate Abu Dhabi to amass a vast financial cushion...
...Dubai Inc.--that are directly or indirectly owned and controlled by the government. Some argue that Dubai's authorities could thus avert a bubble burst by keeping finished projects off-line until conditions improve. Also, in the event of a systemic threat, Dubai can probably rely on superrich Abu Dhabi for a bailout...
...directly or indirectly owned and controlled by the government. This means, analysts say, that Dubai authorities could effectively stave off a bubble burst by keeping finished projects off-line until market conditions improved. In the event of a systemic threat, Dubai can probably rely on super-rich Abu Dhabi for a bailout. "We consider it highly likely that the authorities will step in at some level to support entities that are strategically important for the economy," Moody's analyst Tristan Cooper tells TIME...