BBC covers the story of Dubai World debt by quoting United Arab Emirates (UAE) newspaper which are not shocked at Dubai World’s request for rescheduling their debt.

The story includes excerpts from other Gulf States who have expressed their concern over the crises and the present state of affairs. The report highlights the fact that the global crises is not yet over and what we see in United Arab Emirates is continuity of the same crises. It also adds the grave situation of UK Banks that have been involved in borrowing and lending of money with Gulf/UAE Banks.

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Middle East press unfazed on Dubai debt

MAIL online quotes the issue a fresh crises that is affecting UK banks including Barclays, HSBC and RBS

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Dubai debt crisis: Now British banks face fresh crisis after investing billions