CNN Market Place Middle East
SHOW #115
IN FOCUS: Dubai World What Next?
A clear sign from the government that it will not guarantee Dubai World’s debt, forces the company to address its finances. Dubai World says it’s started talks to restructure some $26 billion of debt. But what’s really the task at hand, and what are its options? MME takes a look.
FACE TIME: Laura Tyson, Dean, Haas Business School
Global investors are still trying to understand the scope of Dubai's total debt. The emirate's move to restructure Dubai World and its assets was welcomed. But questions remain on what’s really under the government's overall financial umbrella and the impact it may have on global markets.
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