Dubai brings down the world

The Dubai government stirred up markets this week by its decision to delay the debt payments which its flagship holding company and corporate biggie, Dubai World owes. Share

Dubai hit hard by financial crisis

Once the epicentre of global boom with skyscrapers rising into the sky like mushrooms, today Dubai resembles a hungover partygoer. Retail stores displaying “80% off” discount signs in their stores and talk on the street about companies repatriating...

A quick solution for the housing and economic crisis

I just read an interesting letter to the editor on The Seattle Times which although rather simplistic, makes a very powerful point. The letter to The Seattle Times editor reads: Share

The global crisis affecting commercial real estate

A recent article in the Washington Post reminds us of the real estate market and how hard it is being hit. On the one hand due to countless companies downsizing or simply going out of business throughout the US, office space is being emptied Share