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MUMBAI - The current economic problem has its roots in the vast expansion of debt across the globe over the last few years. Much of this debt is tied to residential real estate.

Abu Dhabi retreats on realty selling pressures
A total of 23 stocks declined at ADX (JOSEPH J CAPELLAN) Mohammad Al Kady on 2/3/2009 The Abu Dhabi Securities Exchange ended yesterday’s session at 2,193.68 points after losing 32.41, or 1.46 per cent.

‘Foxtons let my flat to a Russian prostitute’: Designer launches 16,000 legal claim over tenant
Karen Menzies says Foxtons even gave the 22-year-old tenant a reference before she moved into her Chelsea flat, despite the agents knowing she had already wrecked a previous property.


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