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28th November 2009 | 16:12

#83 (permalink)

flying lid

Joined: Aug 2009

Posts: 98

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From: England

Abu Dhabi "picks and chooses"

Breaking news on Al Jazeera

Abu Dhabi is moving to bail out on a selective basis the state-owned Dubai World, whose debt default led to a sharp drop in global markets, a senior official has said.

The unnamed official told news agencies on Saturday that the United Arab Emirates' wealthy capital would "pick and choose" how to assist its debt-laden neighbour

Al Jazeera English - Business - Abu Dhabi to 'assist' Dubai World

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