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October 17

October 17

There is a silver lining, Recession fears drive world markets starkly downward, Dubai beach sex case: Jailed Britons vow to appeal, Raw sewage threat to booming Dubai, In global crisis, oil insulates Gulf, Middle East jubilant over Wall St woes

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October 18, 2008 3:17 by



The Daily Telegraph reports that Michelle Palmers and Vince Acor vow to appeal the verdict.

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The Financial Times explains why some people in the Middle East are rejoicing over the global financial crisis.

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Newsweek claims the crisis isn’t all bad news.

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Recession fears have prompted some markets to plummet even further, reports Time.

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Oil producing countries in the Gulf are relatively insulated, claims the Christian Science Monitor.

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