Saturday, 24 October 2020

Lionel Barber’s diaries — encounters with Merkel, Fuld and a piano-playing Putin | Financial Times #Dubai #UAE

Lionel Barber’s diaries — encounters with Merkel, Fuld and a piano-playing Putin | Financial Times


Below are a selection of the Simeon Kerr reports from the traumatic months, for #Dubai, of November and December, 2009:

Pressure mounts over $4bn sukuk

Dubai’s ruler tightens financial controls

Focus turns to debt restructuring

Dubai property merger blocked

Abu Dhabi left with little choice

Anger within emirate levelled at leadership

Abu Dhabi expected to prop up smaller brother

Dubai rejects debt guarantee

Dubai cast adrift as credibility crumbles

Dubai ousts financial chief over debt troubles

Comment: Leaders pay price for Dubai excess

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