Friday 17 September 2010

Mission Impossible: save Dubai? | beyondbrics | FT.com

"November 2010: Tom Cruise and dozens of crew are expected to arrive in Dubai to film the fourth “Mission: Impossible” feature film.

November 2009: that was the month the city-state almost self destructed like one of the messages in the classic spy series. The government told the international financial community that despite months of assurances it would not be able to repay its debts.

With $20bn in help from oil-rich neighbour Abu Dhabi, a default crisis was averted and refinancing plan cooked up."

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