Qatar Tribune
First Page Gulf / Middle East World
United States South Asia India
Europe Pakistan  
  
United Kingdom Philippines /SE Asia  
Home About Us Advertising Archives Subscribe Site Map Contact Us
 
 
 
Debt Crisis & West
YOU may recall the Latin American debt crisis of 1982, the Asian debt crisis of 1997, the Russian debt crisis of 1998 - and you´ll certainly remember the US sub-prime debt crisis of 2008. Now we have a European debt crisis and, horror of horrors, a US government debt crisis. That´s the word to keep hold of: debt. Ignore the financiers´ jargon - bond yields, credit default swaps, hedge funds - which make finance sound like quantum physics, a fearfully abstruse subject beyond the grasp of ordinary mortals. Financial crises occur when people (or governments or companies) can´t repay their debts. Or more precisely when their creditors (or shareholders) decide they aren´t likely to get their money...
US GRIPPED BY GREAT CONTRACTION
IN the wake of the hugely disappointing budget deal and the S&P´s debt downgrade, maybe we need to hang a new sign in the immigration arrival halls at all US ports and airports. It could simply read: "Welcome. You are entering the United States of America. Past performance is not necessarily indicative of future returns." Because our country is now finding itself in the worst kind of decline - a slow decline, just slow enough for us to keep deluding ourselves that nothing really fundamental needs to change if our future is to match our past. Our slow decline is a product of two inter-related problems. First, we´ve let our five basic pillars of growth erode since the end of the Cold War - education, infrastructure, immigration...
Al Watan - Arabic Newspaper
Jamila - Monthly Women Magazine
Nation Business Sports Chill Out
Tunisians demand clear break with Ben Ali regime

AFP

TUNIS HUNDREDS of people demonstrated in central Tunis on Monday to demand that members of the toppled Ben Ali regime be stopped from re-entering the political scene or escaping justice for alleged crimes.

The protest, the latest in a series in Tunisia since Zine el Abidine Ben Ali was forced out in January by a popular uprising, came days after courts freed two ministers in the former system who were facing corruption charges. “End it with the dictatorship,” they chanted, demanding that figures from Ben Ali’s now dissolved Rally for Constitutional Democracy (RCD) be kept out of the new, more democratic system. “Not freedom nor a return for the group of RCDists,” they shouted, saying they were protecting the ideals of the uprising that ended Ben Ali’s 23 years in power, also kicking off revolts across the Arab world.

“We want a break with the Ben Ali regime,” said demonstrator Najiba Bakhtri from the Tunisian General Labour Union. “Elements from the former system are still present. They have integrated themselves into new parties, under other names, but they are still active,” she said.

Student Khouloud Adouli added: “It is not normal that in Egypt a dictator president could be judged while in Tunisia, former ministers of Ben Ali are free.” An uprising in Egypt drove out president Hosni Mubarak, who went on trial last week for alleged corruption and over the killing of hundreds of demonstrators during the revolt. Ben Ali and his wife Leila Trabelsi, who have taken refuge in Saudi Arabia, have been tried and convicted in absentia for charges including misappropriating public funds and possession of weapons and drugs.

On Thursday last week courts freed former minister Abdelrahim Zouari, who had been facing trial for alleged abuse of power and illegally financing the RCD.

On Wednesday another minister, Bechir Tekkari, was also freed after being detained since July 11 awaiting trial for alleged corruption. Another regime figure, Saida Agrebi, a key ally of Trabelsi, has meanwhile been able to leave for France although she faces charges.

Former tourism minister and advisor to Ben Ali, Slim Tlatli, was at the weekend prevented from leaving for Luxembourg.

Page Number 1 2


Iran’s nuclear plant faces delay
Sudan bags Chinese support
Three Qaeda militants killed in Yemen
Kuwait denies joint oil development with Iran
Jordan to name nuclear plant builder in November

  About Us Advertising Subscribe Careers Contact Us