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Dubai: Hub for Illegal Goods

Officials have accepted for the first time that the country is being used as a transit point for smuggling both money and illegal goods.

The admission comes as part of a drive to crack down on underground trade ties with Iran.

In the last week, the authorities have staged raids on dozens of


Is The Bread On Your Table In Danger

The credit crisis is spilling over into the grain industry as international buyers find themselves unable to come up with payment, forcing sellers to shoulder often substantial losses.

Before cargoes can be loaded at port, buyers typically must produce proof they are good for the money. But more deals are falling through as sellers decide


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