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Monday, December 10, 2007

Weak dollar impacts Dubai's construction boom

Posted on 6:37 PM by jackline
Speaking of Dubai: it was inevitable that, sooner or later, this would become an issue: In the four years that it has taken laborers to climb more than 150 floors over Dubai's congested freeways and skyline, the U.S. dollar has fallen with equal steadiness. Its decline has helped trigger unprecedented wage strikes and a rock-throwing protest this fall by the foreign construction workers, who are
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