(Source: Reuters)

Dubai’s debt woes could further unhinge an already fragile U.S. commercial real estate, as it illustrates the importance of that tiny country to global investors in an increasingly interconnected world.

A state-owned investment conglomerate Dubai World, with $59 billion of liabilities, set off a global stock market selloff this week after it said it wants to restructure its debt, including at its property subsidiary Nakheel.

Read Elinor Comlay and Jonathan Stempel’s full article “Dubai debt woes may hit U.S. property market” in Reuters (November 27, 2009).

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