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Dubai ’standstill’: Masking commodity trends, especially in base metals?

Posted on 01 December 2009

From Seekingalpha.com: Dubai’s inability to repay debts reflects upon the leveraged commercial property market across the world. In China, the Mideast or the US, newly constructed commercial properties are suffering from low occupancies and thus unbearable pain for leveraged builders.

Dubai’s problem is neither new nor sticky. Abu Dhabi’s “case by case” help could ease the short-term crisis…………………………….Full Article: Source

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VRS - who has written 39476 posts on Opalesque Commodities Briefing.


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