- 'The Punisher' to run for president in the Philippines November 27, 2015
- Ex-Afghan PM Hekmatyar calls for 'real and fair peace' November 27, 2015
- Suicide attack hits Shia procession in Nigeria November 27, 2015
- Six children drown as refugee boats sink off Turkey November 27, 2015
- Minorities in Poland facing racism after Paris attacks November 27, 2015
- Belgium charges man for 'terrorist attack' involvement November 27, 2015
- Russia to halt visa-free agreement for visiting Turks November 27, 2015
- France pays tribute to Paris attacks victims November 27, 2015
- Can you spot a fake antique? November 27, 2015
- 'Church is for love': Gay Ugandans send message to Pope November 27, 2015
- Ron Paul: The Most Dangerous Time in Our History?
- Roberts and Roberts Black Friday On Line Sale for Antiwar.com
- Ron Paul Asks: Who Is Protecting ISIS And Why?
- Erdogan’s Desperate Move To Save His Terrorist Pals
- Jim Lobe Wins Arthur Ross Media Award
- Turks Hit Russian Fighter – Ron Paul Asks ‘What’s Next?’
- New Jersey 9/11 Celebrants Were Israelis
- A NATO Country Just Shot Down a Russian Bomber: It’s Time to Start Paying Attention
- The Morality of Conscientious Objection: Ron Paul Interviews Justin Pavoni
- New York Times Finally Covers 2012 Defense Intelligence Agency ISIS Memo
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- Who’s Making A Killing From the Paris Terror Attacks?
- Non-French War Deaths Matter by David Swanson
- Deng Thiak Adut Unlimited – WSU
- Paris Attacks Highlight Western Vulnerability, And Our Selective Grief And Outrage – Chris Graham
- The Saudis Are Stumbling – They May Take the Middle East With Them – Conn Hallinan
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Category Archives: Economics
To put a seal on Obama’s humiliation at the hands of right-wing Israeli politicians Bibi Netanyahu and Avigdor Lieberman, the Obama administration sidelined the Goldstone Report detailing war crimes during the Gaza war (“willful killings and willful causing great suffering” to the civilian population and “collective punishment intentionally inflicted by the government of Israel on the people of the Gaza Strip”), signed a multi-year, $30 billion defense protocol with the Israelis, and rebuked U.S. Middle East negotiator George Mitchell for saying quite accurately that the U.S. had once withheld U.S. loan guarantees as a way showing displeasure at settlement activity. Continue reading
Arab oil-producing nations and some of the world’s largest oil consumers including China and Japan are reliably reported to be planning a long-term exit from pricing their oil trade in US dollars. If true, it would spell the death knell for the dollar as the world’s reserve currency and for the United States as global economic power.
Ever since Washington tore up the Bretton Woods treaty in August 1971 and went onto a “dollar paper reserve system” instead of a dollar backed by gold, the United States, as the world’s most powerful military power, has been able to dictate financial terms to the world. Nations like Japan and later China, dependent on US export markets, would dutifully invest their trade surplus dollars into US government debt, in effect financing wars such as Iraq and Afghanistan, which they opposed. They saw no choice. Continue reading
At this point in time when Capitalist economic solutions have a virtual monopoly in the discussion of economics for both Muslims and kuffar, it is critical that a working alternative model is presented to the world. As the recent Credit … Continue reading
With $872.6 billion, the cost of the conflicts in Iraq and Afghanistan so far, the United States could fund… …a year’s worth of health care for 117 million Americans ($7,439/person) …one year of public elementary school for 116 million children … Continue reading
Experts in Islamic finance believe their way of doing business has shielded them from the global credit crisis.
“We don’t recognise the concept of interest… to look for some profit from trading money,” explains Dr Bambang Brodjonegoro from the Islamic Development Bank.
“In the Islamic concept, money is strictly for the purpose of exchange or storing value, but not for the transaction of looking for excessive profit,” he says.
Vatican says Western banks should look at rules of Islamic finance to restore confidence amongst clients. Continue reading