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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (58374)	11/26/2009 11:24:33 AM
From: elmatador	Respond to of 217835

Yes. it is tough to be minnow. Dubai collapse did not happen before because Abu Dhabi -which has oil for 120 years more- has saved them.

To: TobagoJack who wrote (58374)	11/26/2009 11:40:55 AM
From: elmatador	Respond to of 217835

Looting starts: Abu Dhabi is not going to crow publicly over Dubai's troubles. But it will use the opportunity to assert control over its upstart neighbour. The price for Abu Dhabi's help could be prize assets like airline Emirates. Dubai has little choice but to do what it is told. reuters.com

To: TobagoJack who wrote (58374)	11/26/2009 11:41:58 AM
From: elmatador	Respond to of 217835

One particularly painful punishment would be to force Dubai to hand over control of its prized Emirates Airline [EMIRA.UL] through a merger with Abu Dhabi carrier Etihad Airways. Global ports operator DP World DPW.DI is another asset Abu Dhabi should think about laying its hands on. Indeed, ownership of such assets may already have changed hands without anyone other than the royal families knowing about it. Other changes will be more subtle. Dubai has attracted overseas financial services companies with tax breaks and the relative freedom to do business in the way they are used to in Western countries. Curbing some of the excesses which have accompanied this influx of people and money will also be on the agenda. reuters.com