Watch for QE3 as the bottom to this drop in oil, gold, silver and stocks
The summer shake-out is upon us with a vengeance. Assets priced for a vibrant recovery are being repriced for stagnation or decline. Sell in May and go away never looked a more appropriate stock market…
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FX Concepts sees Greece out of the euro this summer
Bloomberg TV’s Erik Schatzker and Sara Eisen talk to John Taylor, founder of the world’s largest currency hedge fund FX Concepts, who says that Greece will leave the euro this year.
He went on to…
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Melia is Dubai’s latest five-star business debutante
Melia Group Vice President Daniel Lozano Lanuza speaks to ArabianMoney editor and publisher Peter Cooper at the Arabian Travel Market about his group’s debut in Dubai with the opening of its first hotel last month.…
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Return of Dubai’s underwater hotel symptomatic of mini-boom
Last week ArabianMoney reported extensively from the very lively Arabian Travel Market but this report from Bloomberg shows just how the hospitality boom is bringing back the excesses of the Dubai real estate bubble.
Dubai…
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Why do investors always take such a short-term view on gold?
It was curious recently to meet with some old friends who recalled a big argument we had four years ago about the merits of buying gold and silver.
They had to concede defeat. After all…
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Gordon Ramsay returns to the Gulf as St Regis opens in Doha
Tareq Derbas, general manager of the four-week old St Regis hotel in Doha spoke to ArabianMoney editor and publisher Peter Cooper at the Arabian Travel Market to explain what one of the Gulf’s newest five-star…
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Asian stocks crash as France and Greece vote against austerity
The election of the first socialist president of France in 17 years and the victory of anti-austerity parties in the Greek general election left Asian stocks tumbling the most in six months today.
Last week’s…
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Jebel Ali hotels in expansion mode
ArabianMoney talks to David Thomson, regional general manager of the Jebel Ali International hotel chain about their latest hotel on the Jumeiriah Beach front and the exciting new extension to the original Jebel Ali resort…
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Black Monday for global financial markets?
A perfect storm is brewing for financial markets on Monday with the European election results likely to be the tipping point after the worst week for the S&P 500 this year.
Elections in France Germany…
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Waiting for QE3 may not save stocks this summer says Mohamed El-Erian
Pimco’s Mohamed El-Erian talks about the very poor April jobs report. He speaks on Bloomberg Television’s ‘In The Loop’.
Markets are going to come off the fence, one way or another is his conclusion. It…
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