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Monthly Archives: November 2009

Financial markets rocked as Dubai economy falters

Sunday Business Post By Raymond Barrett Many analysts wrongly thought Dubai had sufficient funds to cover debt repayments for the current year, writes Raymond Barrett. Dubai, once the posterchild of the global economic boom, looks like becoming the symbol of its collapse, with major question marks over its financial health. The Persian Gulf emirate that [...]

Corruption is the cost of doing business in Afghanistan

Sunday Business Post By Raymond Barrett Afghan President Hamid Karzai has secured a second five-year term after a controversial run-off election scheduled for yesterday was cancelled by the country’s independent electoral commission. Former foreign minister Abdullah Abdullah withdrew from the contest a week before the second round of voting, questioning the impartiality of the electoral [...]

UN takes cover as controversial election looms

Sunday Business Post By Raymond Barrett Eight people were killed in the Afghan capital, Kabul, last week when Taliban gunmen attacked a guesthouse used by United Nations international staff. The three attackers – who were armed with AK-47 assault rifles, machine guns and grenades – also died during a fierce fire fight with security guards [...]

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