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Middle East

Stocks Plunge on Thanksgiving
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Stocks Plunge on Thanksgiving

Byinfo@50park.com November 27, 2009

On Friday stocks sold off as investors unloaded their positions ahead of the the weekend. The catalyst which precipitated this sell off was Dubai World’s trouble restructuring their debt. Dubai World, the most indebted of Dubai’s state-sponsored companies, is seen as a barometer for the health of the financial nexus.

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