Monday, November 30, 2009

Can we please have a Global Economic Summit, along with the Climate provisions being planned?

Fortunately, we are all in this 'thing' together. The Climate and the economy. I think there needs to be a 'concensus' to the global economic condition so the nations so willing to be a part of the solution can actually achieve it.


Stand by me ... UAE president Sheikh Khalifa, left, and Dubai’s ruler Sheikh Mohammed. Photo: Reuters

...The United Arab Emirates' central bank yesterday announced that it ''stands behind'' Dubai and banks would be able to borrow money for half a per cent above the local benchmark interest rate. The action was designed to prevent a regional credit crunch or a run on the local banks....