Economics

Why The Greek Orthodox Church Is Weighing In On The Referendum

Source: Huffington Post By Paul Brandeis Raushenbush The sermon at the Church St. Paul Thessaloniki ended abruptly one day recently when one of Greece’s most important religious leaders informed the congregation that he was going to vote “yes” on an economic bailout referendum taking place on Sunday. The Metropolitan Anthimos told […]

Shelter from the storm in Europe

Jun 29,2015 –  by Mohamed A. El-Erian Dark clouds are lowering over Europe’s economic future, as three distinct tempests gather: the Greek crisis, Russia’s incursion in Ukraine and the rise of populist political parties. Though each poses a considerable threat, Europe, aided by the recent cyclical pickup, is in a […]

The Economic System of Islam

| May 2015   The Review of Religions Hazrat Mirza Bashir-ud-Din Mahmood Ahmad – Khalifatul Masih II(ra) We begin a serialisation of an epic lecture delivered in Lahore by the Second worldwide Head of the Ahmadiyya Muslim Community. His renowned scholarly acumen, both secular and religious, was preserved in a […]

Greece to miss IMF payments amid fears of ‘catastrophic’ eurozone rupture. A Greek reversion to the Drachma would be an irreversible “disaster” for the entire euro project, Yanis Varoufakis warns

Greece’s long-term future in the eurozone still hangs in the balance Photo: AFP By Peter Spence, Economics Correspondent  24 May 2015 Greece will be unable to find the €1.6bn (£1.1bn) sum it is due to hand the International Monetary Fund (IMF) next month, one of the country’s ministers has admitted. Nikos […]

Greece to miss IMF payments amid fears of 'catastrophic' eurozone rupture. A Greek reversion to the Drachma would be an irreversible "disaster" for the entire euro project, Yanis Varoufakis warns

Greece’s long-term future in the eurozone still hangs in the balance Photo: AFP By Peter Spence, Economics Correspondent  24 May 2015 Greece will be unable to find the €1.6bn (£1.1bn) sum it is due to hand the International Monetary Fund (IMF) next month, one of the country’s ministers has admitted. Nikos […]

Gulf rail project in design phase

DAMMAM: ARAB NEWS Published — Saturday 2 May 2015   Work is under way to complete the Gulf rail project, which is currently in the design stage, said Minister of Transport and Chairman of the Board of the Saudi Ports Authority Abdullah Al-Moqbil. GCC ministers of transport are closely following […]

Egyptian economic progress vital: KSA

SHARM EL-SHEIKH: ARAB NEWS Published — Sunday 15 March 2015 Finance Minister Ibrahim Al-Assaf highlighted the significance of Egypt’s cohesion and financial well-being, not only for itself, but for the entire region and the world at large. “Egypt’s achievements, through its commitment to fortify the country’s economic stability and the […]