A real life MBA case study - Dubai World

The fall of Dubai World

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With the Sheikhs of Abu Dhabhi allowing Dubai to slip and Emirates Airlines on the line, one can only guesstimate what the repercussions will be on the GCC. To some extent, I think the property debacle was imminent. Not only because Dubai’s property market has been built on sand and dry oil wells, but also because of the sentiments in the world markets. While Dubai was looking up at the 200 storeys of Burj Dubai (the tallest man-made structure ever built ), the man-made wonders of the Palm Jumeirah and the Dubai Waterfront; the world was looking at Dubai in silent speculation. I think sentiments are like self-fulfilling prophecies; if you think that the market will collapse, it most certainly does! Personally, it’s untimely as it might affect my prospects of finding myself a suitable job opportunity when I graduate in March. Nonetheless, I’m staying optimistic, hoping that sentiments can indeed turn the world around!

The present queen is of Scottish descend!

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Well, while the English dont like to acknowledge that fact, there was a time when the Monarchy at the English throne changed over from English to Scotting blood. I researched the 'lost' link between the monarchy of Scotland and England and here are my findings:

• Mary, Queen of Scots, gave birth to James (on 19 June 1566 at Edinburgh Castle). James Charles Stuart was the son of her second husband, Henry Stuart (Lord Darnley). He was a descendant of Henry VII of England through his great-grandmother Margaret Tudor, older sister of Henry VIII. Mary's rule over Scotland was insecure, for both she and her husband, being Roman Catholics, faced a rebellion by the Protestant population.
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  Her son, James, became King of Scots as James VI on 24 July 1567, when he was just thirteen months old, succeeding his mother. Being born in Scotland and having spent the first 36 years of his life in Scotland, James had an advantage which his mother lacked. Mary had been baffled by the deviousness of her times and the warring factions of the Scottish nobility. James, on the other hand mastered the art of keeping his options open at all levels.
• On 24 March 1603, as James I, he succeeded the last Tudor monarch of England and Ireland, Elizabeth I, who died without issue and James was naturally proclaimed King. He then ruled the Kingdom of England, Scotland, and Ireland for 22 years, often using the title King of Great Britain. So, he was James VI & I (19 June 1566 – 27 March 1625) was King of Scots as James VI from 1567 to 1625, and King of England and Ireland as James I from 1603 to 1625. From there the lineage takes us to Charles I of England (who is buried at Windsor).

And this was how a Scottish Monarch acceded to the English throne and hence my statement that the present queen is of Scottish descend.