Dubai is saved. What about the Greeks?
Editor's column for The Times In December, when the whole world was sure that Dubai was about to go bankrupt, and the financiers were close to fainting, a wealthy neighboring emirate entered the game. The $10 billion loan he offered saved the day. Alas, Dubai is not the only one to be on... In December, when the whole world was sure that Dubai was about to go bankrupt, and the financiers were close to fainting, a wealthy neighboring emirate entered the game.