Even Dubai Is Going DownSaturday March 7, 2009Home to the world's tallest building and biggest shopping mall, Dubai in the United Arab Emirates seemed to soar above the global financial woes. No dream was too grand in this architect's playground carved out of the desert. But, now the dream is unraveling, says Paul Lewis in the Guardian.
Half of all the UAE's construction projects have been put on hold or cancelled, Lewis reports. Towers are half-built, laborers are unemployed. Sound familiar?
Full story: Dubai's six-year building boom grinds to halt.