On Wednesday, the Emirate of Dubai asked for a moratorium of six months on billions of dollars of debt issued by key conglomerate Dubai World, spooking investors. What does the news mean for Dubai and for the world economy?
On Wednesday, the Emirate of Dubai asked for a moratorium of six months on billions of dollars of debt issued by key conglomerate Dubai World, spooking investors. What does the news mean for Dubai and for the world economy?