Economics news headlines

November 27, 2009 12:24pm

On Dubai:

  • All items – FT
  • Abu Dhabi Commercial Bank: largest external creditor at $1.9bn? – FT Alphaville
  • Great precedent: Dubai right not to guarantee DW debt – Felix Salmon
  • Plea to Dubai: don’t underwrite DW debt – Willem Buiter, FT

Other news:

  • $60bn debt for Dubai World? Pah. Try $430bn in CRE losses – Calc Risk
  • Celebrate 60 years of communism – with a 50-year bond – FT Lex
  • Eurozone bank lending to private sector is falling faster – FT
  • Calling all trade ministers: “eBook” launched – VoxEU
  • Standard macroeconomic models ignore the possibility of default – VoxEU
  • Rising unemployment and exchange rate mismatch led to 1930s protectionism – VoxEU
  • African strategy: ask IMF for capital flows, wait for western growth, and – just in case – forge closer ties with China – VoxEU