Tag: bahrain

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[UN] General Assembly to ask Syria's Assad to step down

UNITED NATIONS (AP) — Arab countries pushed ahead Wednesday with a symbolic U.N. General Assembly resolution that tells Syrian President Bashar Assad to resign and turn over power to a transitional government....
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US Navy deploys 2nd aircraft carrier to Persian Gulf amid Iran tensions

DUBAI, United Arab Emirates - The U.S. Navy says it has deployed a second aircraft carrier to the Persian Gulf amid rising tensions with Iran over its nuclear program....
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Dress Rehearsal for Disaster

Bahrain is the home of the US Fifth Fleet, has long-standing warm relations with Washington, and strongly caters to Western corporate and investor interests....
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Persian Gulf's name is an eternal reality

An interview with Prof. Pirouz Mojtahedzadeh ...
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'Islamic banks fared better during financial crisis'

Since the global financial crisis started to unfold in 2008, there have been several reports suggesting that Islamic banks have been less affected by the crisis because they are not allowed for ethical reasons to invest in the pernicious derivatives such as CDOs (credit default obligations) that precipitated the worst crisis the world has seen since the Great Depression in the 1930s. Such reports have largely been based on oversimplified assumptions about Islamic finance and in a few instances on an emotional attachment based more on religiosity than on dispassionate non-descriptive empirical analysis....
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