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Dubai saw booming development in recent years; it’s now retrenching, following the credit crisis. (Chris Jackson/Getty Images/File 2007) |
Dubai news reaches US markets
Stocks fall as debt concerns hit once high-flying emirate
Stocks fell sharply in a short trading session the day after Thanksgiving, as investors reacted to debt troubles in high-flying Dubai, news that had hit other world markets on Thursday. (Full article: 351 words)
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