 
DAVID JOLLY
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NYT
Dubai’s request to suspend debt repayments sent European markets spiraling downward, though some analysts suggested fears of contagion were unfounded.
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Yahoo! News
Dubai struggles to ease debt default fears
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Reuters - Dubai struggled to ease fears of debt default on Thursday after its move to delay repayments at two flagship firms shook confidence in the Middle East as a center for investment and a source of capital.
StarTribune.com Business
Dubai prospects as investment magnet get murkier as emirate requests 'standstill' on $60B debt
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DUBAI, United Arab Emirates - Just a year after the global downturn derailed Dubai's explosive growth, the city is now so swamped in debt that it's asking for a six-month reprieve on paying its bills — causing a drop on world markets Thursday and raising questions about Dubai's reputation as a magnet for international investment.
Report On Business
Dubai's debt storm
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Investor confidence takes a body blow as Dubai World – developer of some of the glitziest properties on the planet – comes up short on repaying debt
Times Online
Dubai in deep water as ripples from debt crisis spread
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Fears of a dangerous new phase in the economic crisis swept around the globe yesterday as traders responded to the shock announcement that a debt-laden Dubai state corporation was unable to meet its interest bill.
Yahoo! News
French stocks drop 2.06% on Dubai default move
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AFP - French stock prices fell 2.06 percent to 3,730.62 points in early trading on Thursday in response to weakness of the dollar and a partial default request from Dubai on its debt, traders said.
Msnbc.com
Dubai debt plea sends fear around world
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Just a year after the global downturn derailed Dubai's explosive growth, the city is now so swamped in debt that it's asking for a six-month reprieve on paying its bills.
RealMoney
Dubai News Slams European Markets
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European bourses see lots of selling on news that Dubai World, the investment company run by the Dubai Government, will delay debt payments.
NPR Topics
Developers In Dubai Seek More Time To Pay Debts
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Dubai was an economic marvel in recent years, enjoying a huge real estate boom. Then came the worldwide recession, and debt payments are now due. Dubai's government said Wednesday that two leading state-run firms are seeking several more months to meet their obligations. The firms have been developing man-made islands shaped like palm trees that ...
Reuters
Dubai struggles to ease debt default fears
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DUBAI/LONDON (Reuters) - Dubai struggled to ease fears of debt default on Thursday after its move to delay repayments at two flagship firms shook confidence in the Middle East as a center for investment and a source of capital.
The Seattle Times
Dubai debt fears hit world markets hard
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World stock markets tumbled Thursday as investors fretted over the debt problems at Dubai World, a government investment company, and the continuing slide in the dollar, which earlier fell to a 14-year low against the yen.
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HIROKO TABUCHI
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NYT
The dollar’s weakness is causing jitters in Japan and other exporting countries that rely on American consumers to keep them afloat.
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Noreply
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Mish
Yen Hits 14 Year High vs US Dollar; Nikkei Sinks
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Inquiring minds are noting a selloff in equity market futures as the Yen rallies and the dollar sinks further. Please consider Yen Rises to 14-Year High on View Authorities to Tolerate Gains The yen rallied to a 14-year high against the dollar on speculation Japanese monetary authorities will tolerate further appreciation of the currency. Finance ...
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Yahoo! News
Japan mired in deflation, dollar/yen adds to pain
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Reuters - Japanese consumer price index excluding volatile food and energy prices slid in the year to October at the fastest rate since 2001 with increasing signs that weak demand is weighing on prices, while a tumbling dollar adds to price pressures.
MarketWatch.com
Currencies: Safe-haven flows boost yen, stabilize dollar
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TOKYO (MarketWatch) - The dollar was mostly down but off broad lows in late Asian trading Friday, after notching a 14-year low against its Japanese counterpart, as investors expect the U.S. Federal Reserve to keep interest rates at current low levels sold the U.S. unit.
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A Fremont man is facing charges after police say he led them on a Thanksgiving Day chase across five counties. The California Highway Patrol says the incident started around 2:15 p.m. Thursday when officers spotted three motorcyclists speeding near Truckee.... Thanksgiving - California Highway Patrol - Police - Holidays - Children and Youth
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Jim
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Bargaineering
Happy Turkey Day!
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To those who are celebrating Thanksgiving today, I hope you and yours have a festive Thanksgiving day and weekend. I hope you celebrate the merriment and cheer that is Thanksgiving, enjoy the time with loved ones, and stuff yourself full of food prepared with loving care. To those who aren’t celebrating Thanksgiving, eat something decadent. [
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Tim
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The Mess That Greenspan Made
Planes, Trains, and Automobiles
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All that Neal Page wants to do is to get home for Thanksgiving. His flight has been canceled due to bad weather so he decides on other means of transport. As well as bad luck, Neal is blessed with the presence of Del Griffith, "Shower Curtain Ring Salesman" and all-around blabbermouth, who is never short of advice, conversation, bad jokes, or ...
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LLC.
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Financial Services
2009 Will be a Bumper Thanksgiving for Online Retailers
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NEW YORK and LONDON, November 26 /PRNewswire/ -- Retail Decisions (ReD) predicts that 2009 will be a lucrative Thanksgiving for retailers as online retail sales could hit $51 billion (1) over the holiday season, up 23% on last year's $41.4 billion(2). ReD, a world leader in card fraud prevention, payment processing and a card issuer, screens some ...
NA
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Free Money Finance
Happy Thanksgiving
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Just want to wish you and your family a blessed and very happy Thanksgiving. May we all take a break from talking about money and focus on the things that really make us thankful. Here's my list -- still the same after two years (except maybe the KFC part.) ;-) The site will have a couple (at most) posts tomorrow (at least that's how I'm ...
J.D.
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Get Rich Slowly
Happy Thanksgiving 2009
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It’s Thanksgiving Day in the United States — my favorite holiday. I like that we set aside a day each year to be grateful for the things we have. I have much to be thankful for this year — I’ve been very fortunate. A lot of this is because of this site, and because of my interaction with you, the readers. Thank you for ...
Will Franklin
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WILLisms.com
Thanksgiving.
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Thankful for so many things this year. Wishing you a Happy Thanksgiving!
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The holiday shopping season is off to an early start as some stores are opening their doors on Thanksgiving Day. As Hari Sreenivasan reports, before Black Friday comes Gray Thursday
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Phil Villarreal
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The Consumerist
Black Friday Deals To X Out With A Red Pen
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Gizmodo has sifted through all the Black Friday deals and found the ones to avoid. The site's Sean Fallon writes: In other words, many of these "deals" really aren't deals at all. Often, Black Friday sale products are priced differently between stores, or they are priced at or above deals you can find elsewhere any day of the week. You might see ...
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Phil Villarreal
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The Consumerist
20 Tips To Ready You For Black Friday
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Budgets Are Sexy's J. Money put together a list of 20 ways to prep yourself for Friday's shopping frenzy. Here's a taste of the post: Shop Gladiator Style - You are going into sale war. You are a shopper on a mission - think of this day as the Olympics of shopping. Leave uninterested spouses and children at home and bring teenagers who can run ...
Www.ritholtz.com
Black Friday Deals
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• SlickDeals.net categorizes offers by retailer• BlackFriday.info allows shoppers to create a Black Friday shopping list — noting what sales promotions goes with each item;
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Noreply
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Mish
Tight credit and slow sales are putting retailers in a crunch this holiday season. Unable to finance their inventory via traditional means, CNN Money notes small businesses struggle fending off empty holiday shelves . Retailers traditionally borrow money to buy holiday inventory. But credit for small businesses has dried up this year, and with ...
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Noreply
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Mish
Dubai Defaults - Deflation In Action - Watched Pot Theory Revisited
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Last night after a 10 hour drive I was up at 5:00AM watching the futures plunge but not knowing why. Now we know: Dubai default fears spook investors Global stock markets endured heavy selling on Thursday as investors were spooked by the spectre of a default by Dubai and after a febrile foreign exchange market saw the yen surge to a 14-year high ...
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Msnbc.com
Holiday Web shopping looks brighter
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Online retailers hope the convenience of the Web, plus discounts and deals, spur still-nervous shoppers to spend more online this holiday season — even as traditional retailers brace for mediocre sales.
Business and financial news
Struggling shops face empty shelves
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With sales slow and credit tight, small merchants are scrambling to stock their shelves for the year's biggest shopping season.
NPR Topics
Best Buy Ads Feature Muslim Holiday Greeting
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To appeal to Muslim shoppers this holiday season, Best Buy has been printing circulars in parts of the country with the greeting : "Happy Eid al-Adha." The Muslim holiday is Friday, and it marks the end of the pilgrimage to Mecca. Some people have complained that Best Buy is giving Christmas short shrift. But some Muslims are delighted.
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KEITH BRADSHER
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NYT
After a law forced a cut in transaction fees, some merchants and banks added new charges for customers that were, sometimes, higher than the old ones.
discussions
China could face a protectionist backlash next year because of a huge expansion in industrial capacity in recent months that will lead to a surge in cheap exports, a European business group said on Thursday.
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NEW YORK - As stores prepare for hordes of Black Friday shoppers and mark down high-definition TVs and hot toys, they're also pushing deals on something more mundane — necessities like socks and diapers.
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By ANNE D'INNOCENZIO
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SFGate
Stores look to basics to draw in holiday shoppers
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As stores prepare for hordes of Black Friday shoppers and mark down high-definition TVs and hot toys, they're also pushing deals on something more mundane _ necessities like socks and diapers. Toys R Us, Walmart and clothing stores in malls are responding to... Black Friday - toys-r-us - Wal-Mart - Clothing - Business
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Nearly half of Americans plan to shop sometime this holiday weekend. If you’re taking the plunge, here’s a roundup of some last-minute deals to catch your attention. Note that some offers are available only in the stores; others apply exclusively to online orders. Also, stores tend to run of stock quickly on the most popular items, and rain ...
discussions
EDWARD WONG
/
NYT
President Obama and Prime Minister Wen Jiabao will attend the Copenhagen climate talks and have pledged new greenhouse gas emission targets.
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By GEORGE JAHN
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SFGate
The outgoing head of the International Atomic Energy Agency said Thursday his probe of Iran's nuclear program is at "a dead end" and that trust in Tehran's credibility is shrinking after its belated revelation that it was secretly building a nuclear facility.... Iran - International Atomic Energy Agency - Middle East - Nuclear weapon - Tehran
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Leanan
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The Oil Drum
Drumbeat:
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Europe’s Busiest Port Expands for Oil Speculators, Idling Ships (Bloomberg) -- The Port of Rotterdam, Europe’s busiest, expanded its anchorage area to accommodate increasing demand from oil traders storing fuel at sea and more idling ships awaiting cargoes. Rijkswaterstaat, the Dutch waterways authority, designated an area 15 kilometers (9 ...
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The strong yen is harming Japan's economy, its finance minister says, as the US dollar continues to sink.
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You could make a strong case that, with the launch of the Accord Crosstour on Nov. 20, Honda's now gotten the Accord right.
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The Hindu
Honda Motorcycle launches Aviator variant
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CHENNAI: Honda Motorcycle & Scooter India (HMSI) on Thursday unveiled the New Aviator in Chennai. With a 110cc engine, the new model will deliver a power of 8 bhp. The vehicle is mainly targeted at the 30-40 age-group, the company said ...
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Reuters - Prime Minister Gordon Brown said he would lobby for support for his plan to make banks pay for any future bailout at a Commonwealth summit this week.
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The property group's chief executive says that the UK real estate market has reached the bottom, but warns that the recovery may not be as certain as some have predicted
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Www.lahainanews.com
Signs show the market is starting to stabilize
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“What is happening with the real estate market?” This is the number one question that I am asked on a daily basis. The answer? A property priced right based on recent comparable sales, in a good location and in clean, modern condition will sell. In other words, if you are a serious seller, you are now entering your property into a ...
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All content on FT.com is for your general information and use only and is not intended to address your particular requirements.In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any ...
discussions
The global crisis prompted more than the loss of a string of financial institutions. It also inflicted collateral damage to the economic ideology that had sustained the rich world, or at least the US – that of finance capitalism.
The fall in eurozone bank lending to the private sector is accelerating, despite the pick-up in economic growth, official figures have shown. October’s credit numbers for the 16-country region show borrowing by businesses contracting at an even faster rate than in September – which had seen the first year-on-year fall in bank lending to the ...
JULIA WERDIGIER
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NYT
Reeling from losses in the American subprime mortgage industry, the banking giant is looking to benefit from growth in China and other emerging markets.
Hirohisa Fujii, Japan's finance minister, said that currency moves were "extreme" after the yen gained another 2 per cent against the dollar to reach a high of Y84.83 in the morning, the highest level since July 1995
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