Aviation and airlines news and analysis

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<div class="article-teaser article-teaser-with-image-grid-6"> <h4 class="headline"><a href="/web/20110102023206/http://www.thenational.ae/business/aviation/russian-plane-explodes-after-engine-fire">Russian plane explodes after engine fire</a></h4> <p class="last-updated">Jan 1, 2011</p> <p class="lede">One person is dead and three are missing after a Russian passenger jet exploded when an engine caught fire while taxiing for take-off at a Siberian airport. <a href="/web/20110102023206/http://www.thenational.ae/business/aviation/russian-plane-explodes-after-engine-fire" class="more">Read article <span> Russian plane explodes after engine fire</span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div>  <div class="ad-mpu">      <script type="text/javascript"> //<![CDATA[ if(typeof(ord) == 'undefined') {var ord = ''; } if(typeof(surroundTag) == 'undefined') { var surroundTag = ''; } if(typeof(article) == 'undefined') { var article = ''; } if(typeof(category) == 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company weighs move to Al Ain site</a></h4> <p class="last-updated">Dec 30, 2010</p> <p class="lede">A company that makes mock aircraft interiors could become the newest tenant of Al Ain's aerospace cluster. <a href="/web/20110102023206/http://www.thenational.ae/business/aviation/rak-company-weighs-move-to-al-ain-site" class="more">Read article<span> RAK company weighs move to Al Ain site</span></a></p> </div> <div class="article-teaser"> <h4 class="headline"><a href="/web/20110102023206/http://www.thenational.ae/business/aviation/ska-boldly-goes-to-mogadishu">SKA boldly goes to Mogadishu</a></h4> <p class="last-updated">Dec 30, 2010</p> <p class="lede">SKA Air and Logistics of Dubai will begin airport handling in Somalia. <a href="/web/20110102023206/http://www.thenational.ae/business/aviation/ska-boldly-goes-to-mogadishu" class="more">Read article<span> SKA boldly goes to Mogadishu</span></a></p> </div> </div>  <div class="grid-6 grid-nested-last"> <div style="border-bottom: 1px solid rgb(255, 255, 255); height: 22px; width: auto; padding-left: 6px; padding-right: 10px; padding-top: 4px; background-color: rgb(212, 179, 210); font-family: Georgia; font-size: 15px; color: rgb(0, 0, 0); text-transform: uppercase;"> <table width="100%" cellspacing="0" cellpadding="0" border="0"> <tbody> <tr> <td width="4%" valign="middle" align="left" style="vertical-align: middle;"> <img width="14" height="16" align="absmiddle" style="vertical-align: middle;" alt="" src="/web/20110102023206im_/http://www.thenational.ae/staticfiles/images/portal/nlogo.png"> </td> <td width="96%" valign="middle" align="left" style="vertical-align: middle;">   <a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/economics" style="color: #000000;">economics</a> </td> </tr> </tbody> </table> </div> <div style="background: url('/web/20110102023206im_/http://www.thenational.ae/staticfiles/images/portal/bg-national-conversation-footer.gif') no-repeat scroll right bottom rgb(235, 235, 233); padding-bottom: 30px;" class="extract"> <blockquote> <table width="100%" cellspacing="0" cellpadding="0" border="0"> <tbody> <tr> <td valign="top" align="left" style="padding-right: 6px;"> <div class="image"> <img width="119" height="79" alt="" src="/web/20110102023206im_/http://www.thenational.ae/deployedfiles/Assets/Richmedia/Image/SaxoPress/AD20110102672852-2-A pedestrian pa_tn.jpg" style="position: relative;" class="null"> </div> </td> <td valign="top" align="left" style="vertical-align: top;"> <p> <span class="text"><a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/economics/little-bright-in-forecast-for-irelands-ailing-economy">Shattered banks, ghost estates and persistent high unemployment, what has become of the Celtic tiger?</a></span>  </p> <p style="color: rgb(21, 120, 201); margin-top: 5px;" class="author"><b><a href="/web/20110102023206/http://www.thenational.ae/vgn-ext-templating/v/index.jsp?vgnextoid=8f7a852b3a648210VgnVCM200000e66411acRCRD">Clifford Coonan</a></b></p> </td> </tr> </tbody></table> </blockquote>  </div> <div style="border-bottom: 1px solid rgb(255, 255, 255); height: 22px; width: auto; padding-left: 6px; padding-right: 10px; padding-top: 4px; background-color: rgb(212, 179, 210); font-family: Georgia; font-size: 15px; color: rgb(0, 0, 0); text-transform: uppercase;"> <table width="100%" cellspacing="0" cellpadding="0" border="0"> <tbody> <tr> <td width="4%" valign="middle" align="left" style="vertical-align: middle;"> <img width="14" height="16" align="absmiddle" style="vertical-align: middle;" alt="" src="/web/20110102023206im_/http://www.thenational.ae/staticfiles/images/portal/nlogo.png"> </td> <td width="96%" valign="middle" align="left" style="vertical-align: middle;">   <a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/economics" style="color: #000000;">economics</a> </td> </tr> </tbody> </table> </div> <div style="background: url('/web/20110102023206im_/http://www.thenational.ae/staticfiles/images/portal/bg-national-conversation-footer.gif') no-repeat scroll right bottom rgb(235, 235, 233); padding-bottom: 30px;" class="extract"> <blockquote> <table width="100%" cellspacing="0" cellpadding="0" border="0"> <tbody> <tr> <td valign="top" align="left" style="padding-right: 6px;"> <div class="image"> <img width="119" height="79" alt="" src="/web/20110102023206im_/http://www.thenational.ae/deployedfiles/Assets/Richmedia/Image/schoolpicweb_tn.jpg" style="position: relative;" class="null"> </div> </td> <td valign="top" align="left" style="vertical-align: top;"> <p> <span class="text"><a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/economics/improvement-lessons-for-school-systems">How does a school system with poor performance become good? And how does one with good performance become excellent?</a></span>  </p> <p style="color: rgb(21, 120, 201); margin-top: 5px;" class="author"><b><a href="/web/20110102023206/http://www.thenational.ae/vgn-ext-templating/v/index.jsp?vgnextoid=e7435b5d4614d210VgnVCM100000e56411acRCRD">Dr Mona Mourshed</a></b></p> </td> </tr> </tbody></table> </blockquote>  </div>  <div class="article-teaser article-teaser-with-image article-teaser-with-image-grid-3"> <h4 class="headline"><a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/media/your-chance-to-prove-you-are-a-business-brainbox">Your chance to prove you are a business brainbox</a></h4> <p class="last-updated">Dec 30, 2010</p> <div class="image"> <a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/media/your-chance-to-prove-you-are-a-business-brainbox"> <img alt="Your chance to prove you are a business brainbox" src="/web/20110102023206im_/http://www.thenational.ae/deployedfiles/Assets/Richmedia/Image/bz26de-ONquiz01-burj-1.jpg" width="160"/> </a> </div> <p class="lede">Take our online Business Quiz of the Year for your chance to win brunch for two. <a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/media/your-chance-to-prove-you-are-a-business-brainbox" class="more">Read article <span>Your chance to prove you are a business brainbox</span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div> <div class="article-teaser"> <h4 class="headline"><a href="/web/20110102023206/http://www.thenational.ae/business/aviation/dubai-aviation-firm-lands-somalia-airport-deal">Dubai aviation firm lands Somalia airport deal</a></h4> <p class="last-updated">Dec 29, 2010</p> <div class="image"> </div> <p class="lede">Airport operations in Mogadishu in troubled Somalia are to be run by a Dubai-based aviation firm which specialises in 'doing difficult jobs in difficult places'. <a href="/web/20110102023206/http://www.thenational.ae/business/aviation/dubai-aviation-firm-lands-somalia-airport-deal" class="more">Read article <span>Dubai aviation firm lands Somalia airport deal</span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div> <div class="article-teaser"> <h4 class="headline"><a href="/web/20110102023206/http://www.thenational.ae/business/aviation/passenger-traffic-up-for-dubai">Passenger traffic up for Dubai</a></h4> <p class="last-updated">Dec 28, 2010</p> <div class="image"> </div> <p class="lede">The number of passengers using Dubai International Airport grew by 15.6 per cent in the first 11 months of the year compared with the same period a year earlier. <a href="/web/20110102023206/http://www.thenational.ae/business/aviation/passenger-traffic-up-for-dubai" class="more">Read article <span>Passenger traffic up for Dubai</span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div> <div class="article-teaser"> <h4 class="headline"><a href="/web/20110102023206/http://www.thenational.ae/business/aviation/royal-jet-to-spread-its-wings-to-india">Royal Jet to spread its wings to India </a></h4> <p class="last-updated">Dec 27, 2010</p> <div class="image"> </div> <p class="lede">Abu Dhabi-based executive jet operator aims to capitalise on growing affluence in India through partnership with Aviation Services Management. <a href="/web/20110102023206/http://www.thenational.ae/business/aviation/royal-jet-to-spread-its-wings-to-india" class="more">Read article <span>Royal Jet to spread its wings to India </span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div> <div class="article-teaser"> <h4 class="headline"><a href="/web/20110102023206/http://www.thenational.ae/business/aviation/airlines-heading-to-clear-skies-in-the-new-year">Airlines heading to clear skies in the new year</a></h4> <p class="last-updated">Dec 26, 2010</p> <div class="image"> </div> <p class="lede">The impact of the weather in recent days is considered a short-term, "one-off event" that should not affect investment ratings. <a href="/web/20110102023206/http://www.thenational.ae/business/aviation/airlines-heading-to-clear-skies-in-the-new-year" class="more">Read article <span>Airlines heading to clear skies in the new year</span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div> <div class="article-teaser"> <h4 class="headline"><a href="/web/20110102023206/http://www.thenational.ae/business/aviation/us-is-top-weapons-supplier-to-region">US is top weapons supplier to region</a></h4> <p class="last-updated">Dec 26, 2010</p> <div class="image"> </div> <p class="lede">US firms dominated the market for defence and aerospace sales in the eight nations of the Gulf region between 2005 and last year, accounting for 54 per cent of all sales. <a href="/web/20110102023206/http://www.thenational.ae/business/aviation/us-is-top-weapons-supplier-to-region" class="more">Read article <span>US is top weapons supplier to region</span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div> <div class="article-teaser"> <h4 class="headline"><a href="/web/20110102023206/http://www.thenational.ae/business/aviation/uae-aviation-to-get-136bn-of-investment">UAE aviation to get $136bn of investment</a></h4> <p class="last-updated">Dec 24, 2010</p> <div class="image"> </div> <p class="lede">The UAE will spend Dh500bn in aviation over the next 10 years with the intention to diversify economy and make the country a global hub. <a href="/web/20110102023206/http://www.thenational.ae/business/aviation/uae-aviation-to-get-136bn-of-investment" class="more">Read article <span>UAE aviation to get $136bn of investment</span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div> <div class="article-teaser"> <h4 class="headline"><a href="/web/20110102023206/http://www.thenational.ae/business/aviation/uae-carriers-face-financing-turbulence">UAE carriers face financing turbulence</a></h4> <p class="last-updated">Dec 24, 2010</p> <div class="image"> </div> <p class="lede">Airlines in the Middle East, Asia and Latin America will face higher borrowing costs for new aircraft soon after a new ruling from the Organisation for Economic Co-operation and Development. <a href="/web/20110102023206/http://www.thenational.ae/business/aviation/uae-carriers-face-financing-turbulence" class="more">Read article <span>UAE carriers face financing turbulence</span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div> <div class="article-teaser"> <h4 class="headline"><a href="/web/20110102023206/http://www.thenational.ae/business/aviation/uae-airlines-face-higher-borrowing-costs-for-aircraft">UAE airlines face higher borrowing costs for aircraft</a></h4> <p class="last-updated">Dec 23, 2010</p> <div class="image"> </div> <p class="lede">Rules that made it easier for airlines in developing countries to finance aircraft purchases are to be phased out. <a href="/web/20110102023206/http://www.thenational.ae/business/aviation/uae-airlines-face-higher-borrowing-costs-for-aircraft" class="more">Read article <span>UAE airlines face higher borrowing costs for aircraft</span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div> <div class="article-teaser"> <h4 class="headline"><a href="/web/20110102023206/http://www.thenational.ae/business/travel-tourism/etihad-and-emirates-move-to-clear-snow-backlog">Etihad and Emirates move to clear snow backlog</a></h4> <p class="last-updated">Dec 21, 2010</p> <div class="image"> </div> <p class="lede">Both Emirates and Etihad Airways have put on extra flights to clear passenger backlogs after London's Heathrow Airport reopened following a weekend of heavy snow and freezing weather. <a href="/web/20110102023206/http://www.thenational.ae/business/travel-tourism/etihad-and-emirates-move-to-clear-snow-backlog" class="more">Read article <span>Etihad and Emirates move to clear snow backlog</span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div> </div>   </div> <div class="channel-conversation clear"> <table width="100%" cellspacing="0" cellpadding="0" border="0"> <tbody><tr> <td width="146" align="left" style="padding-bottom: 10px;"> <a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights" style="null"> <img width="146" height="51" src="/web/20110102023206im_/http://www.thenational.ae/staticfiles/images/portal/industrylogo.gif" alt="The National Conversation"> </a> </td> <td align="left" style="padding-bottom: 10px;"><hr width="100%" color="#cccccc" size="1" style="color: rgb(204, 204, 204);"></td> </tr> </tbody></table> <div class="grid-4 grid-nested-first"><div style="border-bottom: 1px solid rgb(255, 255, 255); height: 22px; width: auto; padding-left: 6px; padding-right: 10px; padding-top: 4px; background-color: rgb(212, 179, 210); font-family: Georgia; font-size: 15px; color: rgb(0, 0, 0); text-transform: uppercase;"> <table width="100%" cellspacing="0" cellpadding="0" border="0"> <tbody> <tr> <td width="4%" valign="middle" align="left" style="vertical-align: middle;"><img width="14" height="16" align="absmiddle" style="vertical-align: middle;" alt="" src="/web/20110102023206im_/http://www.thenational.ae/staticfiles/images/portal/nlogo.png"></td> <td width="96%" valign="middle" align="left" style="vertical-align: middle;">   <a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/economics" style="color: #000000;">economics</a> </td> </tr> </tbody> </table> </div> <div style="background: url('/web/20110102023206im_/http://www.thenational.ae/staticfiles/images/portal/bg-national-conversation-footer.gif') no-repeat scroll right bottom rgb(235, 235, 233); padding-bottom: 30px;" class="extract"> <blockquote> <p> <span class="text"><a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/economics/tourists-appreciate-bedside-manners-and-smart-service">Thanks to 150 million new travellers from India and China the travel and tourism outlook for the Middle East looks healthy.</a></span>  </p> <p style="color: rgb(21, 120, 201); margin-top: 5px;" class="author"><b><a href="/web/20110102023206/http://www.thenational.ae/vgn-ext-templating/v/index.jsp?vgnextoid=361aeece34aab210VgnVCM200000e66411acRCRD">Shoba Narayan</a></b></p> </blockquote>  </div> <div style="border-bottom: 1px solid rgb(255, 255, 255); height: 22px; width: auto; padding-left: 6px; padding-right: 10px; padding-top: 4px; background-color: rgb(212, 179, 210); font-family: Georgia; font-size: 15px; color: rgb(0, 0, 0); text-transform: uppercase;"> <table width="100%" cellspacing="0" cellpadding="0" border="0"> <tbody> <tr> <td width="4%" valign="middle" align="left" style="vertical-align: middle;"><img width="14" height="16" align="absmiddle" style="vertical-align: middle;" alt="" src="/web/20110102023206im_/http://www.thenational.ae/staticfiles/images/portal/nlogo.png"></td> <td width="96%" valign="middle" align="left" style="vertical-align: middle;">   <a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/economics" style="color: #000000;">economics</a> </td> </tr> </tbody> </table> </div> <div style="background: url('/web/20110102023206im_/http://www.thenational.ae/staticfiles/images/portal/bg-national-conversation-footer.gif') no-repeat scroll right bottom rgb(235, 235, 233); padding-bottom: 30px;" class="extract"> <blockquote> <p> <span class="text"><a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/economics/uks-winter-of-discontent-heralds-more-protests">Britain has had a December to remember amid student protests, snow chaos, and disrupted travel plans. Will strikes now add to the winter of discontent?</a></span>  </p> <p style="color: rgb(21, 120, 201); margin-top: 5px;" class="author"><b><a href="/web/20110102023206/http://www.thenational.ae/vgn-ext-templating/v/index.jsp?vgnextoid=4908aafa55398210VgnVCM200000e66411acRCRD">Saleha Way</a></b></p> </blockquote>  </div> <div style="border-bottom: 1px solid rgb(255, 255, 255); height: 22px; width: auto; padding-left: 6px; padding-right: 10px; padding-top: 4px; background-color: rgb(212, 179, 210); font-family: Georgia; font-size: 15px; color: rgb(0, 0, 0); text-transform: uppercase;"> <table width="100%" cellspacing="0" cellpadding="0" border="0"> <tbody> <tr> <td width="4%" valign="middle" align="left" style="vertical-align: middle;"><img width="14" height="16" align="absmiddle" style="vertical-align: middle;" alt="" src="/web/20110102023206im_/http://www.thenational.ae/staticfiles/images/portal/nlogo.png"></td> <td width="96%" valign="middle" align="left" style="vertical-align: middle;">   <a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/economics" style="color: #000000;">economics</a> </td> </tr> </tbody> </table> </div> <div style="background: url('/web/20110102023206im_/http://www.thenational.ae/staticfiles/images/portal/bg-national-conversation-footer.gif') no-repeat scroll right bottom rgb(235, 235, 233); padding-bottom: 30px;" class="extract"> <blockquote> <p> <span class="text"><a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/economics/laurent-gbagbo-may-see-reasons-to-stay-but-he-needs-to-go">Ivory Coast's president has made it clear he will leave office only with his boots on, which highlights a major issue that has bedevilled Africa.</a></span>  </p> <p style="color: rgb(21, 120, 201); margin-top: 5px;" class="author"><b><a href="/web/20110102023206/http://www.thenational.ae/vgn-ext-templating/v/index.jsp?vgnextoid=9108b5e183448210VgnVCM200000e66411acRCRD">Gavin du Venage</a></b></p> </blockquote>  </div> </div>  <style> .date { color:#827FA2; font:italic 1.4em 'Georgia',serif; margin-bottom:0; } </style> <div class="grid-4"> <h3 style="color: rgb(147, 147, 177); font-size:15px; font-family:'Georgia',serif; margin-bottom:0px; text-transform: uppercase; word-spacing: -0.25em;">SOUND & <span style="color: rgb(19, 36, 90);">VISION</span></h3> <div class="blogs-list article-teaser article-teaser-with-image article-teaser-with-image-grid-3"> <div class="image"> <img width="220" height="147" alt="" src="/web/20110102023206im_/http://www.thenational.ae/deployedfiles/Assets/Richmedia/Video/insights_vid_teaser1.jpg" style="position: relative;" class="null"> <img width="14" height="14" right: 0pt;" src="/web/20110102023206im_/http://www.thenational.ae/staticfiles/images/portal/icon-multimedia-video.gif" alt="(Video)" class="icon-multimedia"> </div> <p class="text"><a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/media/video/what-is-the-future-of-tv-revenues-part-1" style="font: 1.47em 'Georgia',serif; color: rgb(38, 38, 38);">What is the future of TV revenues? (part 1)</a></p> <p> <span class="text">How smarter, more targeted TV advertising campaigns are luring advertisers.</span> <span style="font-weight:normal"> <a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/media/video/what-is-the-future-of-tv-revenues-part-1" class="more">Watch Video</a> </span> </p> </div> <hr width="100%" color="#cccccc" size="1" style="color: rgb(204, 204, 204);"> <h3 style="color: rgb(147, 147, 177); font-size:15px; font-family:'Georgia',serif; margin-bottom:0px; text-transform: uppercase; word-spacing: -0.25em;">SOUND & <span style="color: rgb(19, 36, 90);">VISION</span></h3> <div class="blogs-list article-teaser article-teaser-with-image article-teaser-with-image-grid-3"> <div class="image"> <img width="220" height="147" alt="" src="/web/20110102023206im_/http://www.thenational.ae/deployedfiles/Assets/Richmedia/Video/insights_vid_teaser2.jpg" style="position: relative;" class="null"> <img width="14" height="14" right: 0pt;" src="/web/20110102023206im_/http://www.thenational.ae/staticfiles/images/portal/icon-multimedia-video.gif" alt="(Video)" class="icon-multimedia"> </div> <p class="text"><a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/media/video/what-is-the-future-of-tv-revenues-part-2" style="font: 1.47em 'Georgia',serif; color: rgb(38, 38, 38);">What is the future of TV revenues? (part 2)</a></p> <p> <span class="text">What is the future of TV revenues? What paths are likely to succeed or fail? What are the key building blocks of a strategy going forward?</span> <span style="font-weight:normal"> <a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/media/video/what-is-the-future-of-tv-revenues-part-2" class="more">Watch Video</a> </span> </p> </div> </div> <div class="grid-4 grid-nested-last"> <div class="grid-4 grid-nested-first"> <div style="border-bottom: 1px solid rgb(255, 255, 255); height: 22px; width: auto; padding-left: 6px; padding-right: 10px; padding-top: 4px; background-color: rgb(212, 179, 210); font-family: Georgia; font-size: 15px; color: rgb(0, 0, 0); text-transform: uppercase;"> <table width="100%" cellspacing="0" cellpadding="0" border="0"> <tbody> <tr> <td width="4%" valign="middle" align="left" style="vertical-align: middle;"><img width="14" height="16" align="absmiddle" style="vertical-align: middle;" alt="" src="/web/20110102023206im_/http://www.thenational.ae/staticfiles/images/portal/nlogo.png"></td> <td width="96%" valign="middle" align="left" style="vertical-align: middle;">   <a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/economics" style="color: #000000;">economics</a> </td> </tr> </tbody> </table> </div> <div style="background: url('/web/20110102023206im_/http://www.thenational.ae/staticfiles/images/portal/bg-national-conversation-footer.gif') no-repeat scroll right bottom rgb(235, 235, 233); padding-bottom: 30px;" class="extract"> <div class="image"> <img width="200" height="134" alt="" src="/web/20110102023206im_/http://www.thenational.ae/deployedfiles/Assets/Richmedia/Image/WVGermanweb_tn.jpg" style="position: relative;" class="author-portrait"> </div> <blockquote> <p> <span class="text"><a href="/web/20110102023206/http://www.thenational.ae/thenationalconversation/industry-insights/economics/the-piling-up-of-public-debt-defeats-sustainable-growth">An emergency fund by the EU and IMF is a only short-term measure. Struggling economies need to put their affairs in order.</a></span>  </p> <p style="color: rgb(21, 120, 201); margin-top: 5px;" class="author"><b><a href="/web/20110102023206/http://www.thenational.ae/vgn-ext-templating/v/index.jsp?vgnextoid=713a3eff7d53d210VgnVCM100000e56411acRCRD">Wolfgang Schaeuble - Minister of Finance, Germany</a></b></p> </blockquote>  </div> </div> <div class="catch-up1"> <h2 style="background: none repeat scroll 0pt 0pt rgb(0, 0, 0); color: rgb(255, 255, 255); font: 1.25em 'Georgia',serif; padding: 5px 10px; text-transform: uppercase;">Most Commented</h2>  <ul> <li style="border-bottom: 1px solid rgb(204, 204, 204); padding-bottom: 5px; padding-top: 5px;" class="article-teaser first-child"> <h4 style="font-size: 12px;" class="headline"><img width="14" height="14" alt="" src="/web/20110102023206im_/http://www.thenational.ae/staticfiles/images/portal/nlogo.png"> <a 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