GLOBAL FINANCIAL CRISIS
CHALLENGES OF THE ISLAMIC UMMAH IN FACING GLOBAL FINANCIAL CRISIS
Speach by Tun Dr Mahathir Bin Mohamad
at the Institute For Policy And International Studies
Tehran, Iran, at 10.00 am, 30 November 2008
The financial crisis is yet another threat facing the Islamic ummah. Whether we can avoid being dragged down by this crisis or we can minimize the [...]
USD Interest Rate Cut
USD Interest Rate Cut
The NBER revealed that the US economy has been in a recession since December 2007, leading to the collapse of major US stock bourses. The Dow Jones sank by 7.7%, and both the Nasdaq and S&P 500 plunging by nearly 9%. The selling accelerated following comments from both Fed Chairman Bernanke and [...]
Non Farm Payrolls
Non Farm Payrolls
The Non Farm Payrolls is one of the most anticipated reports on the unemployment status of the United States and the economic condition of the country. The Non Farm Payrolls will roll in at 13.30 GMT on Friday, the 5th. December. Other related reports to the Non Farm Payrolls are:
• The Unemployment Rate [...]
GBP Interest Rate
Forex News this Week
For this week the focus will be on the Non Farm Payrolls. However, there are several others Fundamental News that will have a strong impact on GBP and the USD. These are:
• BOE Interest Rate Decision
This BOE Interest Rate Decision will be at 12.00 GMT on Thursday, the 4th. December. This monthly meeting [...]
