August 19, 2011 "BI" — A former senior analyst at Moody's has gone public with his story of how one of the country's most important rating agencies is corrupted to the core. The analyst, William J. Harrington, worked for Moody's for 11 years, from 1999 until his resignation last year. From 2006 to 2010, Harrington was a Senior Vice President in …
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Global Money Trends newsletter Of the big-3 credit rating agencies, only the S&P rating agency had the courage and fortitude to speak the truth, about the severe deterioration of America’s financial status. S&P shocked the political establishment in Washington, by following through with its threat to downgrade US Treasury debt to AA+ on the evening of August 5th. S&P added …
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Amãna Bank, Sri Lanka’s first licensed commercial bank to operate fully under the principles of Islamic banking, had its official opening yesterday, whilst it will be open for business on Monday. A simple launch event to mark the opening was held at the bank’s Corporate Office at 480, Galle Road, Colombo 3, with Central Bank Governor Ajith Nivard Cabraal attending …
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(Reuters) – The Obama administration will hold back about $800 million in aid to the Pakistani military because Washington is unhappy with Pakistan's expulsion of U.S. military trainers and its campaign against militants, the New York Times reported Saturday. Relations between the two governments have been strained with the United States wanting Pakistan to intensify its counterterrorism efforts. The …
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The war raging in Libya since February is getting progressively worse as NATO forces engage in regime change and worse, an objective to kill Muammar Gadhafi to eradicate his vision of a United Africa with a single currency backed by gold. Observers say implementing that vision would change the world power equation and threaten Western hegemony. In response, the United States and …
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How is it that the world's fortunes hang on the life or death of a murderous thug that the US has been supporting for 30 years? And why, in fact, if Yemen's President Ali Abdullah Saleh is so important, isn't it common knowledge? Saleh was wounded yesterday when opposition forces blew up his palace. But as I'll discuss, below, there's more …
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Sri lanka Muslims Web Portal Diversity and Inclusiveness – Sri Lanka Muslims