Dubai, Debt And Denial

Posted by Gabriella Stern on December 23, 2009
Dubai, Ethics & Morality, Media, Middle East

Colleague Maria Abi-Habib reports that the Gulf News has told reporters to avoid using the terms “default” and “bailout” when reporting on Dubai default and bailout news. Gulf News is the biggest English-language daily in the United Arab Emirates. The paper’s ban – characterized as a “style guide” by its editor-at-large – comes as Dubai’s pooh-bahs have taken to rhetorically flogging (and in one case, confiscating) the international press for problems of their own creation.  It’s a sign of moral decay that should give those considering investing in Dubai’s beaten-down assets a great deal of pause.

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December 23, 2009

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