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I am an amateur writer, I love to blog and connect with people online. If I could my whole day would be spent just writing.

Thursday, November 26, 2009

Dubai request for debt 'standstill' raises fear (AP)

AP - Just a year after the global downturn derailed Dubai’s explosive growth, the city is now so swamped in debt that it’s asking for a six-month reprieve on paying its bills — causing a drop on world markets Thursday and raising questions about Dubai’s reputation as a magnet for international investment.

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