Word: dubai
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...feared repercussion from the authorities if he gave his real name. "They tell us the state is broken. There is no money for health, for pensions, for education. On the other hand, we see people building big houses with swimming pools." (Read: "Why Greece Could Be the Next Dubai...
...Fund (IMF) - or even get booted out of the E.U. altogether. "If any other country was making the kinds of adjustments that we are, it would be applauded," says Papaconstantinou. "In our case, they are not sure we are actually doing it." (Read: "Why Greece Could Be the Next Dubai...
...source of some of the more fervent anti-government protesters after the country's disputed presidential election in June. But apparently, many residents - who are among the city's more affluent - took advantage of the beginning of a five-day holiday to book trips to tourist destinations such as Dubai, Istanbul or Iranian towns on the shores of the Caspian Sea, perhaps to avoid the violence that accompanied religious festivities in December. A travel agent said flights to Dubai had been reserved for the holiday weeks in advance. That would help explain the relative silence of the opposition on what...
...49th birthday, he called it - I was at a loss to answer. No surprises, I said; even our routines already supply plenty of those. No extravagance: we're still in a recession. When I read about Naomi Campbell's $1.8 million party at a seven-star hotel in Dubai (still wasn't enough to save the local economy), or the British retail tycoon who marked his 55th by sending his guests a travel wallet with instructions to meet at a London airport and clear their calendar for five days, I'm not impressed; I'm exhausted. I count...
...next four years. Last month, French officials somehow managed to sound proud when they announced that France's 2009 deficit of 7.9% was lower than the expected 8.2% - and that they would hold it below 8.2% for the rest of this year. (Read "Why Greece Could Be the Next Dubai...