No Bailout for Dubai

Abu Dhabi declines to take on all of its neighbor's debt, but markets rally on news that most banks aren't very exposed to Dubai.

The Slatest  Evening Edition  |  Meredith Simons
  1. Abu Dhabi Won't Bail Out Dubai

    Officials in the capital of the UAE say they will "pick and choose" which of their neighbor's debts to take on, unsettling investors who thought Abu Dhabi would come to Dubai's rescue. 

    Reuters | Saturday, Nov. 28, 2009

  2. Party Crashers with Questionable Past Met Obamas at State Dinner

    The White House released photos of a smiling Michaele and Tareq Salahi with the president, but the Washington Post reports that the couple's personal and financial lives might be a little more grim. 

    The Washington Post | Saturday, Nov. 28, 2009

  3. Black Friday Sales Exceed Expectations

    In a relief for beleaguered retailers, shoppers came out in force Friday, with thousands in line before dawn for discounted electronics and robotic hamsters.

    Bloomberg | Saturday, Nov. 28, 2009

  4. Terrorism Suspected in Russian Train Derailment That Killed Dozens

    Witnesses reported hearing an explosion before a passenger train derailed in Russia, killing at least 25 and wounding 100.

    BBC | Saturday, Nov. 28, 2009

  5. Bernanke: No One Can Regulate Wall Street Better Than the Fed

    Writing in the Washington Post, the chairman of the Federal Reserve defends his organization's performance in the wake of the financial crisis and says congressional propsals to strip the Fed of its regulatory power could prove disastrous.

    The Washington Post | Saturday, Nov. 28, 2009

  6. Tiger Woods' Injuries May Have Been Caused By His Wife

    Woods told a friend that his wife, not his SUV, scractched his face, TMZ reports, and he hit a fire hydrant after his wife came after his Escalade with a golf club.

    TMZ | Saturday, Nov. 28, 2009

  7. U.N. Watchdog Condemns Iran Over Nuclear Coverup

    The governing body voted overwhelmingly in favor of the resolution, which even obtained rare support from China and Russia. The move comes a day after Mohamed ElBaradei accused Tehran of failing to cooperate with investigations.

    Reuters | Friday, Nov. 27, 2009

  8. Space Agency Recruits Volunteers for Mock Mission to Mars

    In an effort to test humans' mental and physical readiness for long-term space exploration, researchers will have two volunteers live for 520 days in a Russian training facility designed to resemble a space shuttle on its way to Mars. 

    Science Daily | Saturday, Nov. 28, 2009

  9. Lobbyists Kicked Out of Federal Advisory Panels

    Influence peddlers won't be able to participate in most of the groups that advise federal agencies on myriad issues.

    The Washington Post | Friday, Nov. 27, 2009

  10. Taliban Gets a Foothold in Key Northern Afghan Province

    The heart of the insurgency is in the south, but militants are taking advantage of the lack of security in the north to set up shop and threaten a NATO supply line.

    The New York Times | Friday, Nov. 27, 2009

  11. TV Stations Give Thanks for Health Care Bill

    The controversial legislation has led to an avalanche of television advertising in the home states of key lawmakers.

    USA Today | Friday, Nov. 27, 2009

  12. Iran Confiscates Nobel Medal

    The 2003 recipient of the Nobel Peace Prize says the government confiscated her medal from a bank safety box.

    The Times of London | Friday, Nov. 27, 2009