22.03.2010 - Dubai deal just the kickoff in a long game: Analysis
From Moneycontrol.com: Bankers will see Dubai's plans to restructure USD 26 billion in debt as a kickoff in a long game and not a goal if other high-profile restructurings, such as Russian aluminium producer UC RUSAL are a guide. Dubai World, the holding company harbouring the emirate's flagship property firm Nakheel, builder of palm-shaped islands, is the playing field for one of the biggest emerging markets debt dramas ever, and an announcement is expected this week........................................Full Article: Source
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