News from Dubai is rocking and rolling world markets today, as an $80 billion default could spawn a broad wave of activity and expose the tenuous status of the banking system. We’re talking global markets on the Black Friday edition of Coffee and Markets, a daily podcast from The New Ledger on politics, policy and the marketplace with Francis Cianfrocca, brought to you by BigGovernment.com.
You can subscribe to the podcast by following the links above, and if you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.
FT: Global Markets on Selling Spree Thanks to Dubai Default
Bloomberg: RBS Led Dubai World Lenders, HSBC May Have Most at Stake in UAE
Business Insider: Stop Freaking Out the UAE Can Easily Save Dubai