Dubai World has told lenders it could raise up to $19.4bn from selling its assets, in a bid to repay $14.4bn of the holding company’s debt and restructure its terms, .
really, we have assets;) what will remain afterwards?
(gorgeous headline)
So far, Japanese authorities have relied on mere words to try to stem the rise in the yen. But it has become clear that this tactic, despite being deployed on an almost daily basis from various officials in recent weeks, is beginning to lose its effectiveness.
Too much more of this, and we will have to recommend Japan’s leaders to take “The Boy Who Cried Wolf” to bed with them for night-time reading.
