Marc Faber's forecasts for 2010
How badly has the debt crisis damaged Dubai's reputation?
Looking back over the past couple of months you have to wonder how much Dubai has damaged its reputation as a growing global financial centre. The headlines suggesting that the city is drowning in debt…
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Dubai Financial Market acquires Nasdaq Dubai
When the Dubai International Financial Centre first launched a new regional stock market former HSBC brokerage chief Peter Nankervis argued vigorously with the Dubai Financial Market that this was the wrong route to take.
He…
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Are Islamic bonds or sukuks now dead and buried?
The enormous bad publicity surrounding Nakheel’s $3.5 billion sukuk or Islamic bond repayment this month has exposed these debt instruments as nothing more than unsecured commercial bonds, with no recourse to underlying assets in the…
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Clive Maund sees dollar rally continuing
A picture tells a thousand words, and perhaps charts do not lie. But they do require some interpretation and Clive Maund is a master chartist. On his reckoning the dollar rally is for real and…
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Hotel review: Six Senses Hideaway, Zighy Bay, Oman
Move over Dubai, there is a new leading resort hotel in Arabia, Zighy Bay in Oman. Step back in time to the traditional architecture of a beach village with the highest modern hospitality standards of…
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Wait for 2011 to buy real estate
While it might be tempting to buy US real estate at presently depressed prices, or to look around in Dubai for a distressed seller, the best bargains for global real estate are probably not…
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Reason to doubt oil price resilience in 2010
Commodity speculation with cheap money, emerging market demand and a weaker dollar have helped to keep oil prices higher than they should have been in a recession during 2009. There is good reason to think…
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Gold is the top investment tip for 2010
The recent $125 correction in the gold price from $1,226 per ounce leaves some analysts thinking that the bull market is finished. But anybody with even a passing knowledge of investment analysis ought to recognize…
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How long will the rally in the US dollar last?
Last week the US dollar closed at $1.43 to the euro; $1.61 to the pound; 90 cents to the yen; and even 89 Aussie cents. The rally predicted a week ago has happened (see…
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