Dubai elite to switch cognacs?
The time bomb keeps ticking….The credit crisis, which has been concealed to a greater extent has lurched its ugly head forward this week with the developments from Dubai of all places,
The dike keeps springing leaks, this time Dubai has admitted internationally to deep problems, asking for time on debt repayment. Looks like smaller portions of lobster bisque and simple Spanish cognac to replace the aged French will have to do.
Exdect further repercussions in major markets