Word: dubai
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While he was in Dubai, Kaplan said he had an offer to play golf over the weekend...
...before the summer 2006 war with Israel, still claims the right to retaliate for the 2007 assassination of its operations chief, Imad Mugniyah. And although Hamas is enforcing a halt to rocket fire from Gaza, it has also vowed to avenge the assassination of a top operative in Dubai in January. Israel, for its part, has threatened to attack Iran if diplomatic efforts fail to stop the Islamic Republic's nuclear program. And now the Golan can be added to that list of potential triggers...
...Exile A telecom billionaire who has spent much of his self-exile in Dubai, Thaksin is an unlikely savior for a legion of bus commuters. He is everything a Thai farmer or construction worker is not: a pale-complexioned ethnic Chinese with nary a callus on his palms. (Abhisit fits that category too.) But Thaksin knew how to tap into a voter base long underexploited by traditional Thai politicians. His populist policies, which included heavily subsidized health care and microfinancing schemes, delighted the lower classes and helped Thaksin win the largest electoral mandate in Thai history. Economists have critiqued...
Even without new U.N. measures in place, one area where the U.S. has been successful in imposing its unilateral sanctions is in the financial sector, where it uses the leverage of threatened exclusion from the American financial system to press Dubai's financial services industry into observing U.S. curbs. Iranians in Dubai say they find it increasingly difficult to get credit, even for workaday business dealings. "We have to pay full amounts to the supplier in order to ship the goods to us," says Morteza Masoumzadeh, deputy executive director of the Iranian Business Council in Dubai, whose shipping company focuses...
While Iranian banks in Dubai might extend credit to Iranians living there, Masoumzadeh says that credit is often rejected by clients. "Iranian bank letters of credit are not accepted by suppliers in Europe and the Far East." However, he says, much of the trade can now go directly from Asian suppliers to Iran's Bandar Abbas port, without passing through Dubai at all. Iran's government-owned Islamic Republic of Iran Shipping Lines, or IRISL, has a fleet of vessels that go directly to Iran's ports from cities around China and Korea, as well as the Netherlands, Germany...