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(Inspired by Andrew Lawrence's The Skyscraper Index: Faulty Towers! Property Report, Dresdner Kleinwort Benson Research (January 15, 1999a) and Mark Thornton's Skyscrapers and Business Cycles [The Quarterly Journal of Austrian Economics. Vol. 8, No.1, Spring 2005. pp. 51-74.] ) The 92 ...
Stocks
Financial Crisis
Global Downturn
Light week-end relief for anyone taking seriously requests for China-Land-of-Over- Capacity to revalue upwards:
Other
Global Downturn
Amazon is not reporting an increase in sales of Percy’s sonnets but it is looking like Shelley can add “market sage” to a cv already boasting the achievements of “renowned romantic poet” and “over enthusiastic practitioner of free love”. In some places ( one example of several) Dubai's ...
Government
Global Downturn
For a place where widespread use of postdated cheques represents a dangerous form of unofficial, unregulated credit expansion; and bouncing such a cheques is a criminal offense (interesting comments at the foot of this TimeOut Dubai piece ) it is painfully ironic that the Emirate now requests ...
Stocks
Global Downturn
Credit Suisse
HSBC
Deutsche Bank
Contrary to earlier reports from some Dubai government related entities, notably 31.2% publicly owned Emaar Properties whose tallest-in-the-world handy work is pictured below, it not only seemed a bad idea at the time. It , sadly, was . Symbolic bragging rights don't come cheap or, generally, ...
Other
Global Downturn
As I was being physically crippled during a squash match last week (albeit on a deferred by 24 hours basis) I was lucky enough to have an opponent who competed with the spirit of that vague notion “fair play”. In past matches I have had the dodgy score-keeping opponent; the opponent who regards ...
