{"id":51513,"date":"2009-11-27T20:34:25","date_gmt":"2009-11-28T01:34:25","guid":{"rendered":"http:\/\/mortgagenewsclips.com\/2009\/11\/27\/oh-me-oh-my-dubai-4-posts\/"},"modified":"2009-11-27T20:34:25","modified_gmt":"2009-11-28T01:34:25","slug":"oh-me-oh-my-%e2%80%a6-dubai-%e2%80%93-4-posts","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/51513","title":{"rendered":"Oh Me, Oh My, \u2026 Dubai \u2013 4 posts"},"content":{"rendered":"

\"Bill-Coppedge\"<\/a> \"original<\/a> <\/p>\n

Initial reaction …. meltdown probably averted. (BC)<\/strong><\/p>\n

Dubai gambles with its financial reputation<\/strong> – By Jim Krane – … The ambitious sheikh wants Dubai to become the financial centre for a quarter of the globe, the under-served and fast-growing markets between Singapore and Frankfurt.  Wednesday\u2019s announcement makes that goal less likely, damaging Dubai\u2019s reputation among the investors and financiers it has worked so assiduously to court.<\/strong> \u201cNaturally they are not amused,\u201d says Eckart Woertz, chief economist at the Dubai-based Gulf Research Centre. \u201cIt will be a case of once bitten, twice shy should Dubai try to tap international markets again.\u201d<\/strong> … – FT.com<\/a><\/p>\n

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Emirate has a lot of explaining to do – By Roula Khalaf – … It came in a short statement about the restructuring of Dubai World, one of the emirate\u2019s biggest and best-known companies, with the big news buried near the end.  But the decision to ask bondholders of the company and its most troubled subsidiary, Nakheel, to extend maturities from December to May 2010 was a bombshell. And the Middle East\u2019s most glamorous and creative emirate will pay the price of its decision for a long time to come<\/strong> … – FT.com<\/a><\/p>\n

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Black Swans –<\/strong> By Ray – The term \u201cBlack Swan\u201d is used far too often in today\u2019s discussions about the financial markets and it pertains to unforeseen events that cause havoc on the economy or the markets themselves. … In today\u2019s discussion the news coming out of Dubai is being hailed as another Black Swan <\/strong>event as they are talking about delaying payment on some of their debt on December 14th.  The events in Dubai is the furthest thing from a black swan event as we have all known about this problem for the better part of 6 months or more<\/strong>. … – AnnuityIQ Blog<\/a> <\/p>\n

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The Problems in Dubai<\/strong> – Bob Eisenbeis – Will the spillover effects require action in the U.S. by the Federal Reserve?  The answer is, not likely<\/strong>. … Short-term, there is a movement away from the Middle East , but that is not likely to carry with it negative spillovers to Asian markets whose fundamentals haven\u2019t changed. … Longer-term, US fundamentals haven\u2019t changed, and the dollar is likely to continue to drift downward relative to other currencies.  Asian economies haven\u2019t changed either. <\/strong>… – Cumberland Advisors<\/a><\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Initial reaction …. meltdown probably averted. (BC) Dubai gambles with its financial reputation – By Jim Krane – … The ambitious sheikh wants Dubai to become the financial centre for a quarter of the globe, the under-served and fast-growing markets between Singapore and Frankfurt.  Wednesday\u2019s announcement makes that goal less likely, damaging Dubai\u2019s reputation among […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-51513","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/51513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=51513"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/51513\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=51513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=51513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=51513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}