Economics

Muslim world’s condition

Source: Dawn.com MYRIAD problems afflicting Muslims today are of our own making. The combined GDP of a billion plus Muslims living in some 56 sovereign Muslim states is less than that of Japan. Barring a few countries like Malaysia and Turkey, most Muslim states are underdeveloped. Pakistan has seven million […]

Saudization of retail sector planned

EDDAH: ARAB NEWS Sunday 2 December 2012 The Ministry of Labor is exploring the possibility of Saudizing the vast retail sector, especially commercial centers and malls as part of its efforts to find more areas to employ Saudi youths including women. “The idea of Saudizing the retail sector is being […]

How to raise taxes on the rich

NEW YORK (CNNMoney) — The line in the sand in the fiscal cliff talks is clear: Democrats will only agree to a deal that raises the tax burden on high-income households. Democrats want to accomplish that goal largely through higher tax rates. Republicans hate that idea and say any new […]

Business: $500 Million Powerball Jackpot: The Tragic Stories of the Lottery’s Unluckiest Winners Need a little proof that money doesn’t buy happiness? For these 10 lottery winners, cashing in turned out to have been the worst decision of their lives.

The Unlucky Winners By Nick Carbone RICHARD BURKHART / THE MORNING NEWS / AP Powerball tickets are printed Tuesday afternoon at the Shell Station on Chatham Parkway in Savannah, Ga. […]

No deal for Greece as talks drag

  LONDON (CNNMoney) — European finance ministers concluded a marathon meeting Wednesday without finalizing the details of a debt-reduction package for Greece. The absence of an agreement endangers the release of the next round of Greece’s international bailout package, funding the country needs to remove the threat of bankruptcy and […]