Dubai Debt annoucement triggered a new wave of global stock market freefall… Asian market had a nightmare last Friday, though it tried to recover some loss today.
Europe is also falling today and US future looks to open lower too after the thankgiving.
Dubai Debt Seems to Get Worse
This is definitely an important week to watch out as it might be a possible event to trigger another round of global stock market meltdown. Plus, I have just seen another news on CNBC that official said “Dubai World Debt Gets No State Guarantee“… This is definitely another bad news to shaken the investor’s confidence.
Anyway, just remember to watch out more news this week. Here’s an video that I found on CNBC which I found interesting for you to understand more about the situation in Dubai.
DISCLAIMER: This information is used for learning purposes only. It does not constitute an offer or solicitation to buy or sell. You should do your own analysis on top of my postings.
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