They have been attracted to the city-state by reports that property prices there have fallen further since the local debt crisis erupted in November, and signs that Dubai’s economy may have bottomed out and begun to recover.
Wenzhou already has strong links with Dubai. Of about 150,000 Chinese citizens living in Dubai, nearly 20,000 are merchants [...]
1913 Intel
Your world at risk. How the impossible becomes the inevitable.
Chinese hunt for bargains in Dubai | FT.Com
Posted by Matt in January 19th, 2010 | no comment
Published in China, Bargains, Chinese Citizens, Debt Crisis, Investments, Living In Dubai, Losses, Merchants, Middle East Economy, Millionaires, Mr Zhou, Real Estate, Signs, Small Businesses
Where are Argentina’s Coins?
Posted by Matt in May 13th, 2009 | no comment
Published in Americas, Argentina, Economy, Argentina, Buenos Aires, Coins, Consumers, Convenience Store Owners, Inconveniences, Lot, Merchants, Teich
A serious shortage of coins in Argentina causes problems for consumers and merchants.
Think you’ve got cash problems? Just be glad you’re not in Argentina.
No one knows the inconveniences of the peso better than Buenos Aires’s convenience store owners. Walter Teich and his wife opened one right in the center of town three years ago. He’s [...]
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