Source/Credit: Deseret News “Riba means interest in Islam, and it has been forbidden,” says Husain, whose debt-free family is an anomaly in America, where the average household has, by some estimates, more than $15,000 in credit card debt and a mortgage of more than $150,000. “Several times it has been […]
By WALAA HAWARI | ARAB NEWS RIYADH: Statistics show that the number of people performing Umrah during the Ramadan season has reached 4 million during the first half of the holy month. They also show estimates of pilgrims spending more than SR4 billion on gifts and souvenirs. According to the […]
When they see what a mess we’ve made of our planet, extraterrestrials may be forced to take drastic action. Photograph: PR Having failed with drowning polar bears, global superstorms, rising sea levels and a myriad of other manufactured hoaxes, global warming alarmists have invented a new threat to try and […]
NEW YORK (CNNMoney) — Ratings agency Standard & Poor’s is being investigated by the U.S. Justice Department for allegedly overrating mortgage-backed securities, whose meltdown led to the 2008 financial crisis, according to two sources with knowledge of the investigation. The sources confirmed to CNN that Justice Department attorneys interviewed current […]
By MD AL-HARBI | ARAB NEWS BURAIDAH: The world’s largest dates festival officially kicks off in this central Saudi city of Qassim on Thursday when products of more than 6 million date palms in the province will be displayed. Average daily sales during the 75-day festival may reach SR25 million. […]
US Vice-President Joe Biden has told his Chinese counterpart Xi Jinping that global economic stability rests on the US and China finding common ground. Speaking on the first day of an official visit to China, Mr Biden said a close relationship with China was of the “utmost importance”. The trip […]
WASHINGTON — When the government announced in April that the economy had grown at a moderate annual pace of 1.8 percent in the first quarter, politicians and investors saw evidence that the nation was continuing its recovery from the depths of the financial crisis. The White House called the news […]
Courtesy: NY Times Op-Ed Columnist Published: August 15, 2011 By JOE NOCERA When the German economy turned south after the 2008 financial crisis, the pain was mitigated by a program known as “Kurzarbeit.” The word means short work. Instead of laying off workers, German companies cut back their hours. The […]
Source: Brazzil Magazine Brazilian success is being vastly praised inside and outside the country and there are good reasons for this. In the last two decades, the Brazilian economy not only conquered the hyperinflation of the 1980s, but also reduced poverty by almost 70% since 1994. Due to stabilization, economic […]
Pravda Ru: The problem of hunger becomes more and more serious for millions of people around the world. A recent report from the World Bank said that food prices had grown by 33 percent since July 2010 and neared the peak level of 2008. The situation with food reserves in […]
by Simon Bradley, swissinfo.ch Geneva needs to diversify its tourism offer to compensate for an over-reliance on holidaymakers from the Gulf states, say tourism experts. Some 1.8 million people attended the Fêtes de Genève festival that ended on Sunday, but the figures were down from two million last year, most […]
Source: http://www.infoworld.com Trend 8: Another family tree Virtual humans, both physical (robots) and online avatars will be added to the workforce. “Already, animated characters can recognize speech, convert text to speech, and have knowledge of previous encounters,” says Evans. By 2020, robots will be physically superior to humans. IBM’s Blue […]
http://womenaccesoriesandfashion.info Indonesia is now more the fashion world to play its role in the Moslem fashion. In addition to the support the government in the country. Hope the designer to make Indonesia Moslem fashion mecca of the world continues to globalize up to Thailand. This step is seen from Indonesia […]
Source: Pakistan Observer By Liaqat Toor/Tanvir Siddiqi/Ashraf Ansari Islamabad—Pakistan is bound to come back as a great nation with one of the largest economies in the world in next ten years. These were unanimous views of the speakers at a “National Seminar on Pakistan 2011-20” organised Nazriya Pakistan Council, Islamabad […]
Another real-world manifestation of implicit memory is known as the illusion-of-truth effect: you are more likely to believe that a statement is true if you have heard it before—whether or not it is actually true. In one study, subjects rated the validity of plausible sentences every two weeks. Without letting on, […]
Source: New York Times CAMBRIDGE, MASSACHUSETTS — The American jobs that vanished don’t appear to be returning. The stock market is plunging. Seemingly everyone, from the guy at the corner bar to the U.S. Treasury Department, is in debt. The country’s credit rating just got knocked. Smart people on television […]
By Kenneth Rogoff, Straight Times, Singapore CAMBRIDGE – WHY is everyone still referring to the recent financial crisis as the ‘Great Recession’? The term, after all, is predicated on a dangerous misdiagnosis of the problems that confront the United States and other countries, leading to bad forecasts and bad policy. […]
Editorial: ARABNEWS How in the real world can anyone sell something that they do not already own? The decision by France, Italy, Spain and Belgium to impose a ban on the short selling of shares will be approved by many well beyond the confines of those particular four countries. Indeed, […]