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(Studio: Harry Smith) Drops in the Dow Jones and Asian stock markets due to concerns about a debt crisis in Dubai cited.
(New York: Hari Sreenivasan) Dubai’s enormous debts featured; details given about loan problems for investment company Dubai World and real estate developer Nakheel. [Seaport Securities Ted WEISBERG- speculates on Dubai’s announcement on the day before Thanksgiving; comments on the ripple effect on US banks.] [IG Index David JONES- worries about a credit crunch part 2.]
- Smith, Harry;
- Sreenivasan, Hari
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