Dubai Debt Crisis.

Yesterday (26/11) the Arab Emirate of Dubai announced that it is to delay repayment of it's large debts. The news sent shockwave around the worlds financial market with London Stock Exchange being forced to suspend trading for several hours although they tried to cover it up. This story touches on something I was planning to discuss in more detail in an almost well researched and properly written post. As part of it's plan to "revolutionise" the Borough Croydon Council heavily invested in property development between 2006 and 2008. This included the construction of up to a dozen large blocks or flats. Due to the credit crunch and the fact that Croydon has yet to become a desirable location the property developers are having serious trouble selling these properties. I believe that they've only been able to keep work going on a number of these construction sites due to discreet loans from central government. Therefore the British government is very concerned over Dubai's debt problems.

Today the Crown Prosecution Service announced that is has charged Baroness Scotland's former cleaner, Otolose Loloahi Tapui with a range of offences including holding a false passport. You may remember that Baroness Scotland's cleaner is something of a metaphor for the cleaner my father is employing to clean my mothers house. At the time of her employment I was quite annoyed about it but have since gone quiet on the matter. This is because we have not only managed to totally shut down her ability to act as an intelligence source we've also shifted her role away from domestic cleaner to a social care role such as bathing and dressing provided at one third of the market rate. The Croydon network are livid about this and are desperately trying to have her replaced by someone working for the local branches of either Help the Aged or The Alzheimer's Society. They are pretending this is because the replacement will be better placed to act as an intelligence source. I doubt this as they are likely to be less medically qualified then the current cleaner. Instead they just seem desperate to make sure that as much money as possible flows from my grandmother's bank accounts into their bank accounts. Such a great an noble cause they are fighting for.