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Posts Tagged ‘Dubai’

March 2010 Economic Overview

March 2010 Economic Overview

“Beware of Greeks bearing gifts” wrote Virgil in Book 2 of the Aeneid. Oh, had the Euro zone only listened! Greeks are presenting the Euro zone with a whopper now. Wishing that the Greek financing crisis an outlier does not make it so. With hedge fund jackals at its throat, Greece is rapidly finding it impossible to get finance. [...]

December 2009 Economic Overview

December 2009 Economic Overview

The rally in risky assets is proving hard to stop. Low interest rates have been the main driver, though having limited alternative markets or currencies to invest in must share the blame. But we must not mistake the stock market for the economy. As stock and commodity prices continue strong, there is a tendency to believe that the economy has [...]