Crimea Will Roil Global Stock Markets

Crimea Will Roil Global Stock Markets

The citizens of Crimea have spoken from the ballot box. They overwhelmingly voted in favor of coupling with Russia and dumping the Ukraine by more than 95 percent in a referendum Sunday. The Crimea peoples’ decision will roil the global stock markets for the foreseeable future as the international community from the east to the […]

Dubai Drowning in Debt

Dubai Drowning in Debt

Drowning in debt, Dubai has received a financial lifeline to refinance $20 billion of its government debt owed the United Arab Emirates and its capital, Abi Dhabi. The emergency loan that comes due this year was issued during the 2009 financial crisis, when Dubai’s real estate market collapsed. Dubai, one of seven emirates in the […]

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