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Cameron unveils Islamic bond plan – bbc.co.uk/

Prime Minister David Cameron has announced that the UK will become the first non-Muslim country to issue an Islamic bond. At the World Islamic Economic Forum (WIEF) in London, he also announced plans for a new Islamic index on the London Stock Exchange. It is intended to attract more Islamic investors by making it clearer which companies match their criteria. …

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U.S. Treasury Warns of What’s to Come: “Catastrophic Effect… Could Last for More Than a Generation”

The next time someone tells you that the US government is operating in a fiscally sustainable manner and that our economy is growing strongly point them to the latest report from the U.S. Treasury Department. According to the new report released yesterday all of our worst fears may soon be realized should the United States default on its obligations to creditors, …

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London steps up Islamic finance ambitions (Reuters)

Britain is encouraging banks through a task force to establish sharia-compliant products, aiming to position London as a Western hub for a fast-growing Islamic finance sector that is expected to reach $2.6 trillion by 2017. Aiming to build on London's status as a leading exporter of financial services, Britain hopes to step up the challenge to Islamic finance centres such as Dubai and Kuala …

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Exposing The Financial Core of the Transnational Capitalist Class By Peter Phillips and Brady Osborne

Media Freedom Foundation/Project Censored has just finish a year long study on the people on the boards of directors of the top ten asset management firms and the top ten most centralized corporations in the world. With overlaps there is a total of thirteen firms in our study: Barclays PLC, BlackRock Inc., Capital Group Companies Inc., FMR Corporation: Fidelity Worldwide …

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