Editor’s Note: John Defterios is CNN’s Emerging Markets Editor and anchor of Global Exchange, CNN’s business show focused on the emerging and BRIC markets. Follow John on Twitter.
Story highlights
John Defterios looks at Dubai Financial Market's new "casino-like culture"
In June, Dubai's stocks lost 22% from beginning to end and moved into bear market territory
The aggressive sell-off is bringing Dubai's red-hot property market back into focus
CNN
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From a stock market perspective, the month of June was one of the nastiest on record for the Dubai Financial Market.