Photo Gallery: Dubai Runs into the Sand
Fotostrecke

Photo Gallery: Dubai Runs into the Sand

Foto: STEVE CRISP/ REUTERS

End of the Boom? Dubai's Debt Woes Unsettle Financial World

Global investors with money in Dubai are suddenly feeling very nervous, now that it has become clear that the emirate's state-run holding company Dubai World is unable to repay billions in debt. There is even talk of a possible national bankruptcy, which could trigger a new financial crisis.
Von Beat Balzli, Alexander Jung und Bernhard Zand
Translated from the German by Christopher Sultan