Tag Archives: finance

Iraq’s 2010 budget; the missing pages

Despite the pres­ence of the bud­get assigned to the three pres­i­den­tial enti­ties [pres­i­dent, Prime Min­is­ter and par­lia­ment] in the index, scrolling through the released doc­u­ment of 2010 bud­get [Ara­bic, link cor­rected], pages and tables from chap­ter 4  are miss­ing. Accord­ing … Con­tinue read­ing

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Corrupt Sheik Mo

The dummy Sheik Mohammed Al-Maktoum (who never fin­ished his school) banned the UK news­pa­per Times from his cor­rupt Emi­rate after pub­lish­ing a car­toon shows the Sheik sink­ing in his debts. News­pa­pers, mag­a­zines wrote many pages about UAE (Dubai, Abu Dhabi) finan­cial … Con­tinue read­ing

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Saudi Arabia not in FT list

Saudi Ara­bia is really upset about the absence of Saudi Ara­bia from the Finan­cial Times top 50 ranks, while the Qatari For­eign Min­is­ter Hamad Bin Jasam included in the list, Saudi Elaph says: This list is not a trust­wor­thy; there … Con­tinue read­ing

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Is this some kind of fake Saudi — U.S. arms deal?

July 2007 Saudi Ara­bia made $20 bil­lion arms deal with Bush admin­is­tra­tion, and today we learn that there is a new $15 — $20 bil­lion arms deal with the U.S. Navy. Few weeks ago, Kuwaiti news­pa­per Al-Siyasa reported [on this blog … Con­tinue read­ing

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Arab’s conditional help to the west

Under the title “Sorry Mr. Brown”, Saudi news­pa­per Al-Watan wrote: The Saudi King­dom received the British Prime Min­is­ter Gor­don Brown, who is tour­ing the Gulf to raise funds to increas­ing the capac­ity of the Inter­na­tional Mon­e­tary Fund plan to help … Con­tinue read­ing

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U.S. economy: The worst is yet to come

This is what the team wrote, back in Feb­ru­ary and this is what they are say­ing about the U.S. sum­mer 2009. This prophecy will be back as #1 in the Top 20.

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American pressure on the Gulf-States to save Wall Street

Gulf diplo­matic sources in New York, told Al-Akhbar that they are con­cerned about the U.S. pres­sures on the Gulf-countries to absorb the cur­rency liq­uid­ity avail­able in their banks. The United States sent harsh mes­sages to its Gulf allies demand­ing seri­ous con­tri­bu­tion … Con­tinue read­ing

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The real reason behind the rise of oil-prices after Bhutto’s assassination

Few min­utes after Bhutto’s assas­si­na­tion, the media told us that oil-prices rose at least $1, although Pak­istan is not oil-producer coun­try, but the media didn’t explain why this rise, the near­est “con­vinc­ing” expla­na­tion was “Shock­wave” [from the CNN], but a … Con­tinue read­ing

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Another US-created “coincidence” in Sudan

Check this out: Is it not a strange coin­ci­dence that Bush signs Sudan divest­ment bill and one US diplo­mat killed today in Sudan only after four days from Sudan Cen­tral Bank issued a state­ment to stop deal­ing with the USCon­tinue read­ing

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Confusing reports about GCC Dollar-linked currencies

There were many con­fus­ing reports about the GCC deci­sion to keep their cur­ren­cies related to the dol­lar and final announce­ment doesn’t explain it all. Before the sum­mit, UAE news­pa­per emarataly­oum reported [same report on Reuters..Ara­bic] that Arab Mon­e­tary Fund called on … Con­tinue read­ing

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