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Chandler Says Dubai Debt May Make Banks More Cautious: Video

Nov. 30 (Bloomberg) — Marc Chandler, global head of currency strategy at Brown Brothers Harriman & Co., talks with Bloomberg’s Lori Rothman and Mark Crumpton about Dubai World’s debt crisis.
Dubais government said Nov. 25 that Dubai World, the state-controlled holding company, would seek a standstill agreement with creditors and an extension of loan maturities until at least May 30, 2010. The announcement led to the biggest declines in Asian shares in three months last week and Europes worst rout since April. (Source: Bloomberg)
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Marc Chandler
He has been covering the global capital markets in one fashion or another for more than 30 years, working at economic consulting firms and global investment banks. After 14 years as the global head of currency strategy for Brown Brothers Harriman, Chandler joined Bannockburn Global Forex, as a managing partner and chief markets strategist as of October 1, 2018.
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