Dubai World Crisis

Updated: Nov 29, 2009 02:11 IST

Residential tower blocks are reflected in the waters of Dubai Marina, a day after Dubai World announced a proposal to delay paying back loans worth $59 billion, investors read it as a sign of yet another implosion after Iceland and Ireland.
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Residential tower blocks are reflected in the waters of Dubai Marina, a day after Dubai World announced a proposal to delay paying back loans worth $59 billion, investors read it as a sign of yet another implosion after Iceland and Ireland.

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