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Monday, November 30, 2009. How the tiny Dubai has its sway on the global stock market? The global stock market wake up to a rude shock when it was official that the state owned Dubai world. And its real estate subsidiary Nakheel were in deep debt trap. The consequences of the Dubai fiasco. Had its share on the global stocks marked by the U. Standard and Poor 500 index fell by 1. 7 per cent on November 27th and the Dow Jones real estate index too was down by 2. The scenario before the crisis! .
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