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Stocks Tumble on Fears about Dubai Debt Fallout

Posted by SDtipd 800 days ago (http://www.sdnn.com)
Category: Stocks | Tags: debt dubai stocks uae dfm adx difx
Investors worry that a default by a government investment company in Dubai of over $60 billion in debt payments could have a ripple effect in world financial markets. The losses in the small emirate could nip any economic recovery at the bud.
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