The current global economic crisis has hit the rapid development in Dubai. In recent years, the Gulf state became a magnet for property investors attracted by the prospect of substantial returns, and has been marketed as a luxury shopping and holiday destination. Now the boom appears to be slowing down, as Government-owned developer Nakheel, one of Dubai’s largest employers, reduces its workforce by 500.
Dubai has become renowned for its high-status developments such as the artificial islands in the shape of palm-trees, one of developer Nakheels projects, but is clearly not immune to the economic slowdown. Nakheel is now delaying work on projects including a hotel on Palm Jumeirah which it is building with US tycoon Donald Trump, and two other island chains, the Waterfront and Palm...
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TO yesterday’s Turn The Tables event, when politicos get the chance to turn the tables on hacks.
Ken Livingstone, former London mayor and still former London mayor, turns to Sky New’s political editor Adam Boulton and asks:
“Have you ever had sex with an animal?”
Boulton declined to comment, forgoing the obvious answers:
Is that an offer?
Can you have sex with a newt?
You’re like a concentration camp guard
To keep warm?
Only when nobody wants me
Source: Independent
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Ken Livingstone’s...
In the lounge waiting to fly back to the storm. What the hell happened while I was away? This all added to the surreal experience that is Dubai - witnessing more grand projets than you could shake a stick at while then glancing at TV screens informing us of the latest disaster/bailout to befall the global economy. Again you’re left with questions - will the immense confidence on display at Cityscape and in the region generally overcome or brush aside a world recession? Are we witnessing a jet-speed transfer of economic power from the West to the East, as former London mayor Ken Livingstone told delegates at the Cityscape conference on Tuesday?
It’s definitely easy to knock Dubai. It’s a massive target for rotten egg treatment, from the lack of care and attention in...
Matthew Sinclair on CentreRight: We're already paying too much green tax
ToryDiary: Cameron's approach on Georgia a general indicator on foreign policy
Peter Bone MP on Platform welcomes NICE's U-turn on allowing wet eye treatments on the NHS
Give me fat Tories who believe in freedom, not these nannying ninnies! - Stephen Glover in the Daily Mail
Brown given November deadline to save his job
Cabinet ministers will give Gordon Brown "one last chance" to save his premiership but will try to oust him by November if he fails to improve Labour's prospects - The Independent
Brown will be ditched, but when? - John Rentoul in The Independent
Livingstone joins Chavez payroll
Former London mayor Ken Livingstone is to work as a consultant for Venezuelan strongman Hugo Chavez - BBC
"Former...
