Courtesy: Thestreet.com NEW YORK (TheStreet) — The Federal Housing Finance Agency announced Friday afternoon that it had sued 17 large banks, alleging violations of federal securities laws in the sale of mortgage-backed securities to government-sponsored enterprises, including Fannie Mae (FNMA_), Freddie Mac (FMCC_). . Ally Financial, for $6 billion in […]
To Know more how you can benefit from the Muslim Times, go to our Homepage or About Us page. Promoted post: Use and Misuse of Surah Nur by the Muslims, Before and After Nida Ul Nasser’s Allegations Suggested reading: Bringing the Muslims to the Same Day Eid in UK: Letting Royal Observatory in Greenwich Decide Source of […]
The islands are geologically young and famed for their vast number of endemic species, which were studied by Charles Darwin during the voyage of the Beagle. His observations and collections […]
Source:Times of India In Varanasi, the poorest are the most creditworthy for blessings. Open-ended credit is available without any legally-binding contracts;yet, the rate of default is less than one percent. Bankers maintain they’ve never had sleepless nights thinking about the liquidity risk they run;not even, ever, about bad debts or […]
Source:Times of India Home minister P chidambaram inspecting the blast site outside Delhi high court. A powerful bomb, in a briefcase, exploded at gate no. 5 on Wednesday morning. NEW DELHI: Eleven people were killed and at least 76 others were injured in a powerful blast outside Delhi high […]
Jakarta Globe Indonesia’s justice system, like any other nation’s, is a work in progress. We cannot dispute that great progress has been made over the past few years in terms of law enforcement and independence of the courts. The police, for example, are more proactive and responsive in maintaining public […]
Jakarta Globe: Lydia Tomkiw Historian Michael Laffan’s new book explores the influences of trade, travel and traditions on the spread of Islam in Indonesia. Historian, author and professor Michael Laffan studied Indonesian in high school in Australia before going on to study Arabic in college. Laffan wanted to connect the […]
by Armando Mombelli, swissinfo.ch Swiss President Micheline Calmy-Rey has officially announced her resignation, it emerged on Wednesday. During her years in government, Calmy-Rey’s style and actions have often spurred criticism, but Swiss diplomacy has gained in international visibility. The 66-year-old, who is also foreign minister, will not put herself up […]
Switzerland remains the most competitive country, according to the World Economic Forum’s Global Competitiveness Report for 2011-2012. The report, published on Wednesday, cited Switzerland’s technological capabilities and the effectiveness of its labour market as reasons for its good results in the overall rankings. It also said that Swiss scientific research […]
By Hani Hazaimeh, JORDAN TIMES AMMAN – Since the unrest in Syria began in mid-March, hundreds of Syrian citizens have fled to the Kingdom seeking a safe haven for their families – some made it through the legal channels, but many others had to jump the fence between the two […]
Source: Jordan Times By Khaled Neimat AMMAN – Around 70 per cent of young Jordanians agree that the Kingdom is on the right track in terms of reform, a poll found. The survey also found that the majority believes the government of Prime Minister Marouf Bakhit is doing its job […]
By MD HUMAIDAN | ARAB NEWS JEDDAH: The director general of the department responsible for providing services to Umrah pilgrims at the Ministry of Haj has asked all pilgrimage service-providing companies to liaise with embassies and consulates to identify and repatriate dead pilgrims whose bodies are still being stored in […]
By YOUSUF MUHAMMAD | ARAB NEWS MADINAH: The Ministry of Islamic Affairs, Endowments, Call and Guidance will organize a two-day seminar in Riyadh in October on Saudi websites specializing in dawa. Assistant undersecretary of the ministry Abdul Mohsen Al-Asheikh said the seminar on Oct. 5-6 is aimed at evaluating dawa […]
A bacterium found in soil is a showing promise as a way of delivering cancer drugs into tumours. Spores of the Clostridium sporogenes bacterium can grow within tumours because there is no oxygen. UK and Dutch scientists have been able to genetically engineer an enzyme into the bacteria to activate […]
Volcanic rock rafts could have played a key role in the origins of life on Earth, a team of scientists suggests. Researchers say the buoyant rock pumice has the right properties to have provided the conditions for early life to emerge more than 3.5bn years ago. Pumice “rafts” are found […]
Australia’s economy bounced back in the last quarter as it looked to recover from earlier floods and cyclones. Gross domestic product (GDP) rose by 1.2% in the three months to the end of June from the previous quarter, the statistical bureau said. That compares with a contraction of 0.9% in the […]
By ARAB NEWS JEDDAH: A number of Saudi citizens have started shopping early for sacrificial goats after Eid Al-Fitr when prices are down before they shoot up during Eid Al-Adha, a local daily reported. As a precautionary measure, some citizens began buying little goats to raise them at home and […]