Friday 15 December 2017 \

 

Economy

​Britain wasted £34 billion on military interventions since Cold War

Source : RT / 24 Apr 2014

Since 1990 the United Kingdom wasted around $57 billion on military interventions, primarily in Iraq and Afghanistan, which were later judged to be strategic failures, a study published by the Royal United Services Institute (RUSI) says.

 

Ibn Khaldun's thought in microeconomics: Dynamic of labor, demand-supply and prices

By : Cecep Maskanul Hakim | Bank Indonesia∗ | 24 Apr 2014

I. BRIEF HISTORY

Abu Zaid Abdurrahman bin Muhammad bin Khaldun Waliyuddin Hadhrami, known as Ibn Khaldun, was born in Tunis 1st Ramadhan 732 H/ 27 Mei 1332 M from an influential family who emigrated from Seville to Spain. His descendant came from Yaman who lived in Spain in the beginning of Muslim administration in 8th century, but after the fall of Seville they move to Tunisia.[1]

 

Malaysia, Turkey signs FTA to boost bilateral trade

Source : The Star | 19 Apr 2014

Malaysia and Turkey signed a free trade agreement that will boost bilateral trade and diplomatic ties between the two countries. International Trade and Industry Minister Datuk Seri Mustapa Mohamed and Turkish Economic Minister Nihat Zekbejci signed the Free Trade Agreement between the two nations here this Thursday.

 

U.S. releases $450 million of frozen Iranian funds

Source : Reuters / 18 Apr 2014

The United States has taken steps to release a $450 million installment of frozen Iranian funds following a report from the International Atomic Energy Agency (IAEA) verifying that Iran is living up to its part of a landmark nuclear pact with world powers, the U.S. State Department said on Thursday.

 

Ukraine travel sanctions against Russian citizens

Source : Itar-Tass / 18 Apr 2014

Ukraine has for the first time ever made an official recognition of the restrictions it has introduced on trips to its territory by the citizens of Russia and the citizens of Ukraine living in Crimea.

 

Dubai cost of living rising at highest rate since 2009

Source : Agencies / 17 Apr 2014

Rising housing and food prices have pushed Dubai’s inflation rate to the highest since 2009, with the cost of living in March up 3 percent on the year before.

Housing and utility costs, which account for almost 44 percent of consumer expenses, were up 4.8 percent, and rose 0.4 percent month-on-month in March, Reuters said, quoting data from the Dubai Statistics Center.

 

Crimea to hasten process of transferring to ruble

Source : QHA / 15 Apr Apr 2014

Crimea to shorten the period of time during which the Russian ruble and Ukrainian hryvnia will simultaneously circulate in the region due to the declining value of the hryvnia, Crimean vice premier Rustam Temirgaliyev announced.

 

Jordan, Egypt, Iraq discuss building joint railway

Source : Islamic Invitation Turkey / 14 Apr 2014

Jordan, Egypt and Iraq have discussed a joint railway project that would link the three countries.

Jordanian Prime Minister Abdullah Ensour met with Egypt’s Transportation Minister Ibrahim Demeiri and Iraq’s Transportation Minister Salman Jassim in Amman on Saturday to discuss the project.

 

Bern to repay 40 mn Tunisian dollars

Source : AFP / 12 Apr 2014

Switzerland said on Friday it will hand over to Tunisia $40 million stashed in Swiss bank accounts by the family of ousted dictator Zine el-Abidine Ben Ali.

Swiss authorities had frozen the funds as part of a probe launched following the revolution that forced the longstanding Tunisian leader from power in 2011.

 

Crimea receives $1 bln worth of investment offers

Source : ITAR-TASS / 10 Apr 2014

Crimea has already received offers from potential investors to a sum exceeding one billion U.S. dollars, or twice as big as its current budget, Crimea’s Prime Minister Sergei Aksyonov told the Rossiiskaya Gazeta newspaper on Tuesday.

 
 

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