| 27.11.2009 - Sterling slides on Dubai debt concerns |
| From Reuters: Sterling fell on Thursday, hitting its weakest in a month against the euro and a basket of currencies, on worries about British banks' potential exposure to debt problems in Dubai. Dubai's shock move on Wednesday to restructure Dubai World, and delay repayment on some of the company's $59 billion of liabilities, sent ripples through financial markets, denting equities and riskier currencies. ................................Full Article: Source |