“Can a democracy be a dictatorship at the same time?” an op-ed asked in this morning’s Times Of India in response to the draconian efforts the Maharashtra state had taken to boost voter turnout.
October 21st, 2009 | Addison Wiggin | 3 comments | ContinuedAll Posts Tagged With: "dubai"
Dubai and Abu Dhabi: Newcomers to the Global Finance and Trade
Still, our friend Peter Cooper recalls a time in his own family history when Dubai was nothing but a backwater of the British Empire, a port full of smugglers, nomads and thieves.
October 14th, 2009 | Addison Wiggin | 6 comments | Continued
Arab Wealth Pours Back into Dubai
“The real boom in Dubai really only kicked off recently. After spending some time here and chatting with those who live here, I would boil down the more important ingredients to these:…
October 14th, 2009 | Bill Bonner | 0 comments | Continued
Qatar Relies on Natural Gas Reserves While Dubai Leans on Trade and Finance
Qatar is a red-hot economy. Last year it grew around 18% and this year it ought to grow another 16%. We saw the headlines in the Gulf Times in the lounge while waiting for our transfer to Dubai.
October 8th, 2009 | Chris Mayer | 1 comment | Continued
Is Dubai the Bubble It’s Made Out to be?
Dubai’s lifestyle makes the average American look like a prudent, energy-conscious, environmentally-friendly health nut! 60% of the average Emirates’ total income is spent on consumer goods – Gucci totes, designer abayas and million-dollar number plates.
August 28th, 2008 | Bill Bonner | 3 comments | Continued
Is Dubai Another Bubble or a Hong Kong in the Making?
Dubai has opened up its economy. The crown prince of Dubai has, for example, finally allowed 100% freehold interests in certain properties there. The government has also created free-trade zones, where there are exemptions on import/export duties, no personal income taxes, no restrictions on the repatriation of profits and 50-year exemptions on corporate taxes. In [...]
December 13th, 2007 | Chris Mayer | 1 comment | Continued