It is a little puzzling as to why so many people are astonished of find the Dubai World debt issue a surprise or problematic. Didn’t we have all the clues of that desert dream laid in front of us. Tens of billions of dollars in loans to build projects that can not possibly pay or [...]
Archive for the ‘world market’ Category
Will we learn after Dubai?
Posted in crisis, debt, Dubai, short, UAE, world market, tagged Dubai, maktoum, RBS HSBC, sheikh, short, u.a.e., UAE on November 27, 2009 | Leave a Comment »
Kajima … window into the near future?
Posted in Japanese company, Kajima, world market, tagged kajima world market trend global on November 27, 2009 | Leave a Comment »
Is Kajima Corp.’s value and situation a global indicator of where we are or may be going? The stock is at a 52 week low (¥162). Literally down 50% from its high of January 5th 2009 in Japan (¥323), and the ADR (KAJMY) is trading at $23.50 (high $33.15 on May 5th 2009) . How good [...]