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Italy’s Borrowing Costs Drop Sharply at Auction

http://pix04.revsci.net/H07707/b3/0/3/0806180/19338825.js?D=DM_LOC%3Dhttp%253A%252F%252Fwww.themuslimtimes.org%252Fwp-admin%252Fpost-new.php%26DM_CAT%3DNYTimesglobal%2520%253E%2520General%26DM_EOM%3D1&C=H07707%2CH07707http://pix04.revsci.net/H07707/b3/0/3/0806180/498452523.js?D=DM_LOC%3Dhttp%253A%252F%252Fwww.themuslimtimes.org%252Fwp-admin%252Fpost-new.php%26DM_CAT%3DNYTimesglobal%26DM_EOM%3D1&C=H07707LONDON — Italy’s short-term borrowing costs were halved Wednesday at an auction of government bills, easing the immediate pressure on the country’s economy. The sale of €9 billion, or $11.8 billion, of six-month Treasury bills was seen as the first post-holiday pointer to condition of the beleaguered euro zone.  Read […]

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Measure of Fear

Source: Spiegel Germany. Banks Bunker Hundreds of Billions in Deposits at ECB The Central Bank headquarters in Frankfurt: Last week’s action to flood the financial markets with cash appears to have had little effect. Just before Christmas, the European Central Bank flooded the financial markets with 500 billion euros — […]

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Islamic Law in Western Nations

Promoted post: We are all living in the Womb of God-the-Mother, 13.8 billion Years Pregnancy Source of the article: The Muslim Sunrise By Azhar Ahmed Hussain: a Juris Doctor candidate at Hofstra University School of Law. Islamic law and western countries have a unique relationship that spans nearly 900 years, […]

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What is Morality?

Source / Courtesy: Muslim Sunrise By Lubna Roohi Malik The Holy Qur’an lays out three basic states of man. These three states separate man from animals and spiritual men from moral men. These three states are: the natural state, the moral state, and the spiritual state. Man begins in the […]