Dirhams & Dollars

With mounting concerns over US inflation failing to deter the markets from their recover after last week’s plunge in share prices, we ask: What happened? And why? As the dust somewhat settles following the market commotion over the past two weeks, the world appears to be taking a big, deep breath. This is a quiet week in Dubai, with only Gulfood occupying the country’s media. And, as the gang discover when they discuss the event, wholesale food exhibitions can be as dry as the wheat that the travelling salesmen have brought with them. Mobile World Congress, on the other hand, is expected to be more exciting. We discuss what can be expected when Samsung, Sony, et al., turn up in Barcelona this weekend to show off their latest gadgets.