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10th November
2007
written by alupa

So currently in Dubai there is dwindling of oil reserves, a huge upsurge in international (US) investment, key members of staff who are receiving huge benefits from their positions in office via their deferred multi-million dollar stock option plans, and well, michael jackson.


Tourism in Dubai

About Dubai - Wikipedia Specifically read the Economy and Human Right and Labor sections.

Halliburton in Dubai

Halliburtion quarterly report has some kinks

Could someone please explain to me what the fuck is going on? I mean, you know, besides the obvious.

And, as a payoff for all of this noise, here’s Michael.

and i’ll add one more since i fucked up. (good call liz. way to keep me honest)

Michael is now normal?

2 Comments

  1. Liz
    10/11/2007

    We were promised MJ. What the f?

  2. 11/11/2007

    I am not sure Michael Jackson is good payoff. It like getting all hot and bothered only to find out that you’re about to be castrated. Not really an ideal situation. Not ideal at all.

    As for this Dubai situation, it sounds like Dubai City is the New York City of the Middle East. It is a major hub for goods and distribution. It has some very wealthy banks as well as the Dubai International Financial Exchange. It is a major tourist destination - who wouldn’t want to go to a place with temperatures soaring into the high 110s. The main thing to understand is that their oil is almost gone, but that doesn’t matter, oil only makes up 3% of their GDP. That means they are doing some things right there, at least economically.

    To me, it makes sense why big companies want to invest there. The country is relatively stable, westernized, and has, at the very least, strong geographic and political ties to an area that is up-and-coming.

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