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(Image from article: "Abu Dhabi Won't Bail Out Dubai")

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Dubai Debt
Global Markets

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Abu Dhabi
Dubai
United Arab Emirates

Abu Dhabi Won't Bail Out Dubai

Abu Dhabi, wealthy capital of the United Arab Emirates, will "pick and choose" how to assist debt-laden neighbor Dubai, a senior official said on Saturday, after fears of a Dubai default sent global markets reeling.

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