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Dubai debt fears hit world markets hard

Published: November 26, 2009 11:54 AM
By The Associated Press  PAN PYLAS (AP Business Writer)

Quick ReadDubai debt fears, dollar slide hit world stock markets hard

LONDON (AP) — World stock markets tumbled Thursday as investors fretted over the debt problems at Dubai World, a government investment company, and the continuing slide in the dollar, which earlier fell to a 14-year low against the yen.

Markets are usually relatively quiet when Wall Street is closed for a holiday, as it is Thursday for Thanksgiving Day. Not so today, as the rest of the world...

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