Dubai debt fears rattle global markets

Reposted from: http://www.nwotruth.com/dubai-debt-fears-rattle-global-markets/

November 26, 2009 @ 3:05 pm

Stock markets in Europe were rattled as the attempt by Dubai to delay payments on its debt risked precipitating the largest sovereign default in almost a decade. Stock markets in the UK, Germany, France, Spain and Italy were all down about 3pc in early afternoon trading as investors retreated from riskier assets. Investors spent [...]