Best of the web

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

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

………..

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

………..

Newsweek claims the crisis isn’t all bad news.

………..

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

………..

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

………..