- Poles join 'umbrella protest' against abortion curbs October 23, 2016
- Battle for Mosul: Turkey confirms military involvement October 23, 2016
- Meet the Eritrea refugee turned rescue volunteer October 23, 2016
- Qatar: Sheikh Khalifa bin Hamad Al Thani passes away October 23, 2016
- Is Egypt facing a crisis? October 23, 2016
- Spain's Socialists lift veto on minority government October 23, 2016
- Al-Shabab seizes Somali town after peacekeeper pullout October 23, 2016
- Silencing Kurdish media October 23, 2016
- The blending of Lebanon and Syria October 23, 2016
- Battle for Mosul: Who controls what October 23, 2016
- Why Is Petraeus an Expert on Mosul?
- Which One Is Less Evil?
- ‘Today Is One of the Heaviest Days of My Life’
- Ron Paul asks: Are The Russians Rigging Our Elections?
- Announcing The Libertarian Institute!
- An ‘Epidemic of Graft’–Anti-Corruption Efforts in Afghanistan Fail Hard
- Congressman Walter Jones on US Financing of ‘Ghost Soldiers’ in Afghanistan
- How Soon Before Armed Drones Are Overhead in America? Time Now.
- Ron Paul: FBI Comes Clean On Homegrown Terror
- US Spent $14.6 Million Taxpayer Dollars on Failed Hospital in Afghanistan
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- In Massive Intel Error, US Kills 80 Syrian Troops, Helps ISIL Advance
- Palestinians with Disabilities are Not Immune from Israeli Violence by RICHARD HARDIGAN
- How the CIA’s Fake Vaccination Campaign Endangers Us All
- The shocking story of Israel’s disappeared babies – AJ
- The Muslims Are Coming! The Muslims Are Coming! The Muslims Are Coming!
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Category Archives: Economics
To put a seal on Obamaâ€™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 (â€œwillful killings and willful causing great sufferingâ€ to the civilian population and â€œcollective punishment intentionally inflicted by the government of Israel on the people of the Gaza Stripâ€), 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 fundâ€¦ Â â€¦a yearâ€™s worth of health care for 117 million Americans ($7,439/person) â€¦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