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Monthly Archives: December 2009

Dubai World creditors must wait it out

Sunday Business Post By Raymond Barrett Creditors of Dubai World are assessing their options in light of the announcement that the state-owned company is suspending repayments on debts of someUS$60 billion. British banks such as HSBC, RBS and Lloyds, along with the US hedge fund QVT, have considerable exposure to Dubai’s flagship holding company Р[...]

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