The End of "The World"?

Planned as an super-opulent development off the coast of Dubai, the artificial archipelago "The World" appears to be sinking back into the sea.
January 26, 2011, 11am PST | Michael Dudley
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The developer, Nakheel, insists that the development is 70% sold and merely delayed, but the Telegraph reports that the artificial globe is eroding:

"The islands were intended to be developed with tailor-made hotel complexes and luxury villas, and sold to millionaires. They are off the coast of Dubai and accessible by yacht or motor boat.

With all but one of the islands still uninhabited – Greenland – and that one a showpiece owned by the ruler of Dubai, most of the development plans have been brought to a crashing halt by the financial crisis. Now their sands are eroding and the navigational channels between them are silting up."

Full Story:
Published on Thursday, January 20, 2011 in Telegraph
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