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Re: mtcutbow post# 10123

Tuesday, 05/19/2009 8:14:04 AM

Tuesday, May 19, 2009 8:14:04 AM

Post# of 15292
Go to Bloomberg and you'll also see where Dubai had to borrow millions of Euros to stay affloat. Dropping oil prices, dropping real estate prices and the higher costs of construction (for existing projects) cost them a bunch. They're recovering, but slowly.

As for Marmara being there, dont know.