The Russian Crunch Has Dubai Crying...But The Mob Is Still Moving Goods

Sagging oil prices aren't to blame. Nor is Asia's recession. Instead, it's the shortage of Russian women that has the merchants of Dubai feeling gloomy. And they don't mean the ladies who walk the streets in garish makeup offering their services for $50 to $250. The Russians they miss are the ones who spend money--serious money--in a country that has elevated shopping to a national raison d'etre.

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