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(Image from article: "Dubai debt fears hit world markets hard")

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Dubai debt fears hit world markets hard

Dubai debt fears hit world markets hard

World stock markets fell sharply Thursday as investors fretted over the debt problems at Dubai World, a government investment company, and the continued fall in the dollar.

 

Stocks and Gold Gain as Investors Shun the Dollar

Shares rose ahead of the start of earnings season, and the value of the dollar skidded as investors fretted over a report that crude oil could one day be priced in other currencies.

 

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