FROM Andrew Critchlow
The Collapse of the 'Dubai Miracle' Two weeks ago, the world of finance was told that Dubai had weathered the global recession. But last week, markets around the world were shaken when Dubai World, the country's major developer, asked for a six month delay in payments on billions in debt. Now, global financiers are claiming they've been misled. Should investors have seen it coming? What's the possible impact on the global economy? Is the next step a kind of test for Islamic finance under Shariah law?
Nuclear crisis on the Korean Peninsula slowly coming to a head North Korea did not conduct a nuclear test this weekend, but it did show apparent progress in developing a missile that that could strike the United States. The Trump Administration says it has lost its "strategic patience." We hear what that might -- or might not -- mean for North Korea, China and the prospects for diplomacy.
The flight bumping heard around 'round the world Recent video of a passenger forcibly removed from a United Airlines plane is a worst-case example of what's happened since consolidation into just four US-based carriers. Management seems to be tone-deaf to a decline in service — and even abuse — of passengers.
In Janesville, WI, Middle America meets the new American dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn't prevent the closing of the General Motors factory after 100 years. We hear what's happened to what once was a model of American middle-class unity.