Headline News 22-9-2011
بسم الله الرحمن الرحيم
Titles:
- IMF fears time to fix financial system is running out
- Turkey follows the West and considers sanctions against Syria
- America building secret drone bases in Africa and Arabia to fight Islam
- Kyrgyz protesters demand hijab to be allowed in schools
- America accuses Pakistan of attacking US targets
Details:
IMF fears time to fix financial system is running out
The International Monetary Fund fired another shot across the bow of the global economy on Wednesday, warning that there's not much time left to fix the crippled financial system. It said political fighting is hampering efforts to restore economic stability and reckoned up to €300bn (£263bn) could be lost by banks as a result of the eurozone debt crisis. Worryingly, the agency said markets have lost faith in political leaders to provide a lasting solution to the economic problems in the eurozone and the US. The "political weakness" comes as market turbulence from the eurozone, a credit rating downgrade for the US and signs of a global economic slowdown shocked the global financial system, the IMF said. Elsewhere, the IMF estimated that the sovereign debt crisis in Europe had added €300bn (£261.9bn) to the risk exposure of banks in the European Union. The IMF is holding its annual meeting at the end of this week in Washington DC. The meeting brings together finance ministers and central bankers from around the world.
No matter how hard the West tries to save its global financial system, the writing is on the wall for capitalism. What he world requires is not more of the same bitter medicine, but a new financial system based on the gold standard, with clear ownership rights for contracts, and where public property is protected and used for the benefit of the people. This can only be achieved through implementing Shariah via the Caliphate.
Turkey follows the West and considers sanctions against Syria
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. Turkey is preparing the way for possible sanctions on its neighbour Syria, in a move likely to increase the pressure on President Bashar al-Assad to step down. In comments to journalists in New York on Tuesday night, Recep Tayyip Erdogan, the Turkish prime minister, said the imposition of fresh sanctions by Ankara - on top of the US and EU measures already in place - was now being discussed with Washington. "Our foreign ministers will together review what our sanctions might be," said Mr Erdogan, adding that he would soon visit Syrian refugee camps in Turkey's Hatay province. The moves reflect Ankara's mounting concern at Syria's crackdown on pro-democracy activists, and also shift Turkey's policy much closer to that of the US, which has championed sanctions for months. Ankara is one of Syria's biggest trading partners and bilateral trade has soared as ties have improved, with Turkish exports to Damascus reaching a value of $1.64bn last year, compared with Syrian sales to Turkey worth $630m.
Rather than sending in Turkish soldiers to protect Syrians from Assad's regime, Erdogan is considering sanctions, which will only effect the Syria's beleaguered population. Furthermore, it will give more time for Assad to carry out his brutal oppression.
America building secret drone bases in Africa and Arabia to fight Islam
The Obama administration is assembling a constellation of secret drone bases for counterterrorism operations in the Horn of Africa and the Arabian Peninsula as part of a newly aggressive campaign to attack al-Qaeda affiliates in Somalia and Yemen, U.S. officials said. One of the installations is being established in Ethiopia, a U.S. ally in the fight against al-Shabab, the Somali militant group that controls much of the country. Another base is in the Seychelles, an archipelago in the Indian Ocean, where a small fleet of "hunter killer" drones resumed operations this month after an experimental mission demonstrated that the unmanned aircraft could effectively patrol Somali territory from there. The U.S. military also has flown drones over Somalia and Yemen from bases in Djibouti, a tiny African nation at the junction of the Red Sea and the Gulf of Aden. In addition, the CIA is building a secret airstrip in the Arabian Peninsula so it can deploy armed drones over Yemen. The rapid expansion of the undeclared drone wars is a reflection of the growing alarm with which U.S. officials view the activities of al-Qaeda affiliates in Yemen and Somalia, even as al-Qaeda's core leadership in Pakistan has been weakened by U.S. counterterrorism operations.
If it was not for the agent rulers of the Muslim world, America would not be able to use the assets of the Muslim ummah against her. By allowing the US to use airbases, waterways and the ummah's resources, the agent rulers have hidden America's true weakness from the people.
Kyrgyz protesters demand hijab to be allowed in schools
Protestors have demonstrated in front of the Kyrgyz Education Ministry to demand that Islamic head scarves be allowed in secondary schools, RFE/RL's Kyrgyz Service reports. Education Minister Kanat Sadykov later held talks with several representatives of the protesters in Bishkek, but the results of those meetings were not made public. Protest organizer Duishon Abdyldaev, told RFE/RL that demonstrations will spread to other parts of the country on September 23 if girls wearing hijabs continue to be expelled or kept from attending classes at secondary schools. On September 15, Kanatbek Turdukojoev, an imam in the northern village of Orto-Oruktu, filed a lawsuit against a secondary school for not allowing his daughter to wear an Islamic head scarf. Jamal Frontbek-Kyzy said female students who wear the Islamic head scarf are being discriminated against. Frontbek-Kyzy said when the school year began on September 1st many female Muslims were either forced to remove their head scarves at school or were sent home if they refused to take them off.
America accuses Pakistan of attacking US targets
US officials say there is mounting evidence that Pakistan's chief intelligence agency has been encouraging a Pakistan-based militant network to attack US targets. The allegations, if fully confirmed, heighten a painful dilemma for President Barack Obama's administration. Washington is under growing political pressure to take action against the Haqqani network after a spate of deadly attacks US officials have attributed to it. These include last week's strike againstthe American Embassy in Kabul, Afghanistan. Some US intelligence reporting alleges that Pakistan's Inter Services Intelligence directorate (ISI) specifically directed, or urged, the Haqqani network to carry out the September 13 attack on the embassy and a NATO headquarters in Kabul, according two US officials and a source familiar with recent US-Pakistan official contacts. However, officials cautioned that this information is uncorroborated. Another US official familiar with internal government assessments said that at the very least, the available intelligence strongly suggests the ISI has been egging on elements of the Haqqani network to launch attacks at American targets in the region. While American officials have aired allegations of ties between the ISI and the Haqqani network in recent days, they have not publicly cited evidence that the Pakistani agency, or elements of it, urged its proxy to attack US targets.
The time has come for Muslims of Pakistan to demand that the army leadership of Pakistan severs its relations with America that seeks to destroy Pakistan. Allah says in the "Oh you who believe (in this Qur'an), do not take (such) Jews and Christians as friends and allies who themselves are friends and allies of each other. And whoever of you (Muslims) turn to them (with friendship and alliance) becomes, verily, one of them; behold, Allah does not guide such evildoers." (TMQ:Qur'an, al-Maidah, 5:51)