Hints and tips:
...The interview appeared to please the government of the United Arab Emirates, a wealthy Gulf state whose citizens were exempt from Trump’s sweeping travel restrictions....
...Firestone et al think the introduction of bonds that can be converted to equity when things go bad and the Orderly Liquidation Authority should reduce the frequency of the worst crises as well, but that...
...He had advised a group creating a regional development fund, Terengganu Investment Authority, in early 2009....
...All this has proved a bit of a puzzle to the moneybags, many of whom have dropped bundles on Jeb Bush, Marco Rubio et al, whose ample funding counted for nothing in the end....
...After several years of depressed valuations and low volumes, compounded by regional unrest, Gulf markets this year have witnessed a rebound as economic confidence returned....
...She argues that the state alone can support the long-term science-based innovation upon which economic progress increasingly depends....
...Moreover, banks are doubly exposed via the property market that Dubai Holding et al. abandoned from 2009 to 2010. Property prices have halved in the emirate since 2008....
...Bankers said that perceptions of poor liquidity on NasdaqDubai had put off many regional investors, persuading Axiom to pull the listing....
...Outside the DIFC, the regulator is the United Arab Emirates’ central bank....
...The department of finance, which oversees core government functions such as the Dubai Water & Electricity Authority and the Roads & Transport Authority, has previously confirmed that it would support all...
...Even before the global financial crisis struck, it had become clear that the emirate’s finances were spinning out of control, with no centralised authority keeping track of the ballooning debts of state-related...
...Dubai World, which owns Nakheel, the state-backed developer, poses the biggest debt headache....
...Fitch, meanwhile, has downgraded the debt of rated state-linked companies in the emirate. State-linked companies have already paid off more than $2bn in outstanding debt....
...What really happened at Northern Rock, Royal Bank of Scotland et al? This gives you a clearer idea....
...Vermont, New Hampshire, New Jersey, New York, Delaware, Maine and Connecticut have already formed the Regional Greenhouse Gas Initiative, which commits the states to forming a carbon trading system and reducing...
International Edition