The recent Global Financial melt down which brought the near crash of several financial institutions worldwide especially in the US and Europe , highlighted the dangers of Derivatives as an investment option . Most of the Financial institutions that needed massive state Bail Out in order to remain solvent at the height of the turbulence , carried substantial portfolios …
Read More »Sailan Muslim
Libya: NATO’s Feast of Blood or “Humanitarian Intervention” By Cynthia McKinney
While serving on the House International Relations Committee from 1993 to 2003, it became clear to me that the North Atlantic Treaty Organization (NATO) was an anachronism. Founded in 1945 at the end of World War II, NATO was founded by the United States in response to the Soviet Union's survival as a Communist state. NATO was the U.S. …
Read More »Egypt to open Rafah crossing permanently BY MARK LAVIE – ASSOCIATED PRESS
FILE – In this Feb. 19, 2011 file photo, Palestinians carry their belongings after coming back from Egypt at the Rafah border crossing, southern Gaza Strip. Egypt's official news agency said on Wednesday, May 25, 2011 that the Rafah border crossing with Gaza will be permanently opened for Palestinians on Saturday, a move that will significantly ease a blockade of …
Read More »The Illegal War in Libya By Glenn Greenwald
"The President does not have power under the Constitution to unilaterally authorize a military attack in a situation that does not involve stopping an actual or imminent threat to the nation" —candidate Barack Obama, December, 2007 "No more ignoring the law when it's inconvenient. That is not who we are. . . . We will again set an example for …
Read More »Russia ‘to oppose use of force against Syria’
Dmitry Medvedev says Russia will not support the use of force in the Syrian conflict [AFP] President Medvedev comes out against any UN move to authorise use of force, saying Syria must settle own affairs. Dmitry Medvedev, the Russian president, has said Russia will not support any United Nations resolutions on the use of force against the Syrian government. "As for …
Read More »ISLAMIC FINANCE – ETHICAL REFLECTIONS By A. I. Marikar
The dominant vision of nearly all people engaged in Islamic finance in modern times , is the maximization of profits through processes which are Sharia compliant The thinking behind this vision is that the profit motive can be a very acceptable major driving force in any endeavor so long as the modalities of such profit maximization initiatives are packaged in a Sharia …
Read More »