Finance News

  It is feasible that the euro will not survive the current sovereign debt crisis sweeping Europe, one of the Treasury's leading independent forecasters has said. Greek prime minister George Papandreou and European Commission president Jose Manuel Barroso speaking to the press on Monday Photo: BLOOMBERG Under questioning from MPs on the Treasury Select Committee, Stephen Nickell, a member of the …

  How does interest-based finance contribute to global warming? And how does Islamic finance provide an alternative? We explore these and other topics in this 40 minute presentation and follow up with your live Q&A.   Cost: FREE  Where: The comfort of your desk  When: 6pm Dubai time, Sunday, December 12, 2010 What You Get: 40 minute presentation with slides Live Q&A Guidance …

Millions of Americans have no idea what Quantitative Easing is or how it will effect them personally. That's why Wednesday's announcement that the Fed will purchase another $600 billion in US Treasuries merely reinforced feelings of helplessness and a sense that government spending is out-of-control. Unfortunately, Ben Bernanke's rambling explanation of QE2 in a Washington Post op-ed on Thursday only …

As the recession shook Americans' confidence last year, new figures show that weddings for people 18 and older dropped to the lowest point in over a hundred years. A broad array of new Census Bureau data released Tuesday documents the far-reaching impact of a business slump that experts say technically ended in June 2009: a surging demand for food stamps, considerably …

Islamic politics will soon be banned in Bangladesh – third largest Muslim nation with 150 million populations. According to government sources, government is on the process of restoring secularist democracy in the country by scrapping several provisions in the Constitution of the country, which were incorporated mostly by former military regimes. As possible pre-action of this plan, government recently banned …

A major campaign to introduce Islamic banking and finance into India was kicked off in the Kerala city of Kochi on Friday with Justice Krishna Iyer taking the lead. "I welcome Islamic finance in India," said Iyer, a former Supreme Court judge. "Islamic finance has proven successful in poverty alleviation and promoting sustainable growth in many countries, including the United …