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India abandons US dollar to purchase Iranian oil

India abandons US dollar to purchase Iranian oil

Most oil sales throughout the world are denominated in United States dollars (USD). According to proponents of the petrodollar warfare hypothesis, because...
A new Reserve currency to challenge the dollar – What’s really going on in The Straits of Hormuz.  By David Malone

A new Reserve currency to challenge the dollar – What’s really going on in The Straits of Hormuz. By David Malone

 A little over a year ago on 1st November 2010 I wrote what I called “…a little bit of scurrilous speculation.”  In...
The Decline of the American Empire   By Al Jazeera

The Decline of the American Empire By Al Jazeera

The US has the world's biggest economy, the most influential culture, and the most potent military machine, with a budget that equals that of all other...
The Book of Jobs By Joseph E. Stiglitz

The Book of Jobs By Joseph E. Stiglitz

Forget monetary policy. Re-examining the cause of the Great Depression—the revolution in agriculture that threw millions out of work—the author...
Islamic finance: Alleviating poverty in Sri Lanka

Islamic finance: Alleviating poverty in Sri Lanka

In order to solve the issue of poverty in Sri Lanka, MUATH MUBARAK highlights the initiatives that have been taken by Islamic finance institutions in Sri...
A Glimpse into Islamic Banking Software Systems by Mr. Muath Mubarak

A Glimpse into Islamic Banking Software Systems by Mr. Muath Mubarak

The evolution and development of Information Systems  (IS) in the banking sector can be traced back to the 1800s, from the introduction of the telegraphic...
Prepare for an Economic 9/11 and Economic Martial Law

Prepare for an Economic 9/11 and Economic Martial Law

"The entire global economic system is collapsing" Gerald Celente talks to Lew Rockwell about his top trend forecast for 2012. Posted November 30,...
Economics and Economists By Rajindra C. Ratnapuli

Economics and Economists By Rajindra C. Ratnapuli

(Originally published in The Sunday Leader, 28 August 2011) In mid 2008 the world plunged into an economic recession with devastating consequences throughout...
Arab world’s most powerful woman arrives in Sri Lanka

Arab world’s most powerful woman arrives in Sri Lanka

Sheikha Lubna bint Khalid bin Sultan Al Qasimi, the most powerful Arab woman in the world according to Arab Business and Forbes magazines, who is also the...
HISTORY OF DINAR & DIRHAM

HISTORY OF DINAR & DIRHAM

In the beginning the Muslims used gold and silver by weight and the dinar and dirhams that they used were made by the Persians. The first dated coins that...
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