"This announcement by Dubai World was a surprise to everyone, including many money market participants in Abu Dhabi," Mohsin Khan from the Peterson Institute for International Economics said Monday. "Abu Dhabi is the guarantor of Dubai debt… So the assumption was that they would come out and support Dubai."
A US senator opposed the re-election of Ben Bernanke as Federal Reserve chairman, saying he is "part of the problem." "It reflects the fact that the financial bell measures in the United States are very unpopular," Dr. Douglas Holtz-Eakin, former economic advisor to George W. Bush and George H.W. Bush, said Monday.
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Current DateTime: 02:15:41 30 Nov 2009 LinksList Documentid: 27725881