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Not Dubai.
August 23, 2015
Dubai, Saudi markets lose 7 percent after oil price dip
Oil futures have been falling for eight consecutive weeks because of ample supplies of crude and a slowing global economy. Prices have fallen almost 60 percent since this time last year.
This was all accurately predicted many years ago, when ShadowStats created their first Hyperinflation Special Report. Other than the prices of goods and services, they really nailed it! ;)
Hotels: Occupancy Rate Increased 2.5% Year-over-year
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Hotel occupancy was weak over the summer months, due to less international
tourism. The fall months are mostly domestic travel and occupancy is still
unde...
4 hours ago
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