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- 2009-11-11
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转载-英文高手请翻译
Dubai's Woes Shake U.A.E., Region
DUBAI—Investors sold banking stocks across Europe and Asia and jacked up the price of insuring against Dubai defaults, a day after the government said it would take charge of restructuring its corporate flagship, Dubai World, and asked creditors to accept delayed payments.
A Wednesday announcement of a six-month standstill in debt payments took investors and analysts by surprise. It followed months of positive moves and comments from government officials suggesting Dubai and the federal government of the United Arab Emirates were willing to step in to plug financing holes.
"The most negative effect of [the] announcement is a major shock ... |
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