What Dubai Means for Emerging MarketsDavid Bogoslaw
Emerging market assets attracted risk-takers and were early to rally even during the darkest days of the financial crisis and the recession earlier this year. Now, with news that Dubai has requested a standstill on $26 billion in debt including $3.5 billion that comes due in December and may default on $60 billion in debt, investors may be taking a harder look at emerging market assets.
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