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CNBC Closing Bell December 31, 2015

Year in dubai and it looks like those celebrations are going off. Thousands of people were expected to gather, as we can see there are still crowds of people just a few blocks away from what was the sight of this fire, horrific images that really broke out two hours before the new year celebration. We saw them here on cnbc, we saw them across social media, people tweeting these pictures. Something to see. And very dramatic to happen just a few hours before and admitted a new years of tension in some parts of the world, it was the celebration canceled in brussels because of some threats there. Tensions for obvious reasons in paris, some in singapore and now we have this, the first thought always turns to thoughts of terrorism when you see a fire like this on new years eve, but to this point the government is saying thats not the case. It was simply a fire that broke out on the 20th floor of that hotel there in Downtown Dubai and th ....

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