Bank of America to repay $45bn in bailout funds to regain independence

THE United Arab Emirate&rsquo;s National Day celebrations to mark the country&rsquo;s 38th birthday yesterday were marred by the financial turmoil in Dubai. <br /><br />The International Monetary Fund said it expects to cut its 2010 growth forecast for the UAE because of fallout from Dubai&rsquo;s debt crisis.