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(Image from article: "U.A.E. Pledge Calms Markets but Dubai Fears Remain")

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U.A.E. Pledge Calms Markets but Dubai Fears Remain

Wall Street shares were slightly lower as investors tried to assess the fallout from Dubai’s debt crisis as well as retail sales from the kickoff of the Christmas shopping season.

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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.

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