• News Feeds
Page last updated at 07:38 GMT, Monday, 30 November 2009

Dubai 'could be bailed out'

Advertisement

State-owned Dubai World debt problems pose a problem not just for Dubai but potentially for the rest of the world.

The news that Dubai wanted to suspend payments on its debt shook worldwide financial markets last week but should it have been a shock?

Dr Christopher Davidson of Durham University argues that British banks were exposing themselves to risky foreign debt.

Story Tools

BBC iD

Sign in

BBC navigation

Copyright © 2016 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific