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Although the word ‘Islamic’ refers to beliefs specifically related to Muslims, it is a different case altogether with Islamic banking and finance. It is a sophisticated banking and finance structure based on moral and social values, which is compatible with the modern day financing needs, and hence, is receiving overwhelming response from Muslims and non-Muslims alike. Islamic banking Sometime ago, …
Read More »Monthly Archives: April 2012
UNHRC and After What’s instore for Sri Lanka By Latheef Farook
A worrisome question on the minds of Sri Lankans is ‘Is the United States sponsored UNHRC resolution ‘calling’ Sri Lanka to implement the LLRC recommendations a prelude to US-Indian military designs on the island? Toss the US strategy for world domination as demonstrated in its PNAC (Plan for New American Century) along with its obsession with China into the equation …
Read More »U.N. Warns of Staggering Urbanisation in Asia, Africa By Thalif Deen
Asia and Africa will account for a hefty 86 percent of all increases in the world's urban population in the next four decades, the United Nations said in a report released Wednesday. Africa's urban population will increase from the current 414 million to over 1.2 billion by 2050, while Asia will increase from 1.9 billion to 3.3 billion. The largest …
Read More »Gerald Celente on the decline of Empire America
As the currency weakens many countries that use the dollar are searching for alternatives. China is expected to be the top world economy in a matter of years. To add insult to injury, the BRICS countries have decided to lose the dollar and use their own currencies. So what does this mean for the US dollar? According to many economists, …
Read More »U.S. Funding Cuts in UNESCO More Audible than Visible
IPS U.N. Bureau Chief Thalif Deen interviews DR. DAYAN JAYATILLEKA, Sri Lanka's Envoy in Paris UNITED NATIONS, Apr 3, 2012 (IPS) – When the 194-member General Conference of the U.N. Educational, Scientific and Cultural Organisation (UNESCO) was on the verge of admitting Palestine as a full-fledged member of the Paris-based U.N. agency last year, the United States warned against it …
Read More »What Our Media Don’t Tell Us About The Middle East By Antony Loewenstein
US government officials requested that an American private security firm contact Syrian opposition figures in Turkey to see “how they can help in regime change,” the CEO of one of these firms told Stratfor in a company email obtained by WikiLeaks and Al-Akhbar. James F. Smith, former director of Blackwater, is currently the Chief Executive of SCG International, a private …
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