Archive for March, 2013
There is still tension on the Iraq-Kuwait border…
- Published on Tuesday, 12 March 2013 06:40
- 1 Comment
Iraqi police said they shot in the air to disperse stone-throwing crowds protesting against the demarcation of the border with Kuwait on Monday, leaving some on the Kuwaiti side believing they were being fired at, according to media reports.
The protest, and the confusion over the shooting, underlined localized tensions over the position of the frontier that have persisted more than two decades after Saddam Hussein’s invasion of Kuwait.
Qatar courting Sarkozy to run PE fund
- Published on Monday, 11 March 2013 06:46
- 3 Comments
Nicolas Sarkozy is being wooed by sovereign wealth funds including Qatar’s who are ready to back him to start a private equity fund.
Qatar’s sovereign wealth fund and other investors have offered to commit as much as €500m in total to a fund run by the former French president, people familiar with the matter said. Mr Sarkozy has sought advice from close advisers on the plan.
Junk bond issuance hits new record, time for sukuk issuers to stay clear of this bubble
- Published on Sunday, 10 March 2013 11:36
- 5 Comments
Wall Street banks are selling junk bonds at a record pace — raising concerns they are selling debt that may be poised to lose value.
The banks spent more than $93 billion dealing with costs from the 2008 credit crisis, including lawsuits and fines for allegedly misleading investors about mortgage-backed products.
This time is different, bankers say.
Saudi Arabian economy expected to grow 3% in 2013, larger issues loom on the horizon
- Published on Thursday, 07 March 2013 16:01
- 2 Comments
The history of money beginning in Egypt and the difference between money and currency
- Published on Wednesday, 06 March 2013 12:35
- 2 Comments