Multiple choice general knowledge

November 27: ______ requests a debt deferment following its massive renovation and development projects. The announcement causes global stock markets to drop

  1. Tokyo

  2. London

  3. New York

  4. Dubai
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

In November 2009, Dubai World, a state-owned conglomerate, requested a debt deferment of approximately $60 billion following Dubai's massive construction boom. This announcement shocked global markets and caused stock markets worldwide to drop significantly. Tokyo, London, and New York did not request debt deferments.

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