When developers launched the globe project just off Dubai's coast in 2003, they hoped that the rich and famous would land there to populate the 300 islands.
Within five years Nakheel Properties leveled up 11 billion cubic feet of sand and 47 million tons of rock. However, a year ago (2009) the work stopped and now it looks like the project will never be completed. While officially the project has just been delayed, the obvious conclusion would be that it is the economic recession causing the islands to gradually wash back into the sea.
Above: artist impression 2003 | below: Nasa January 2010
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Koert van Mensvoort
How ironic, so now people can start placing bets on whether more 'countries' are flooding because of economic meltdown, than global warming.