| Nov. 26 (Bloomberg) -- Jan Randolph, head of the sovereign risk group at IHS Global Insight, talks with Bloomberg's Mark Barton about Dubai's proposal to delay debt payments and the role neighboring emirate Abu Dhabi may play in easing the crisis. The state-controlled Dubai World, with $59 billion of liabilities, will ask creditors for a standstill agreement as it negotiates to extend maturities, including $3.52 billion of Islamic bonds due Dec. 14 from its property unit Nakheel PJSC, Dubais Department of Finance said yesterday. (Source: Bloomberg) |
