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| The Violence Card |
 EVER since the culture wars of
the 1980s, Americans have been
familiar with "the race card" -
an epithet used to discredit real
and imagined cries of racism.
Less familiar, however, is an equally
cynical rhetorical tactic that I call "the
violence card."
Here's how it works. When confronted
with an instance of racially charged
violence against a black ... |
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| NOT ENOUGH
INFLATION |
 AFEW days ago, Alan
Greenspan, the former
chairman of the Federal
Reserve, spoke out in
defence of his successor.
Attacks on Ben Bernanke by
Republicans, he told The
Financial Times, are "wholly
inappropriate and destructive."
He's right about that - which
makes this one of the very few
things the ex-maestro has
... |
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 | QE index falls 47 points QATAR´S bourse closed lower
for a fourth straight session,
making its largest one-day
decline in a month as investors
cut their risk exposure while
they await more company
earnings.
The index closed 47 points
(0.5 percent) lower at 8,778
points, extending declines since
last ...
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| | GCC banking sector stable, profitable: QNB |  THE GCC banking sector is
expected to remain stable, profitable
and keep growing, an analysis
of the GCC banking sector
performed by QNB Group has
concluded.
Total assets in the sector rose by
8.9 percent in 2011 to $1.46 trillion,
equivalent to 106 percent of
regional GDP. By comparison,
assets in the UK equal 341 percent
of its GDP. This suggests that
there is still plenty of room for
GCC assets to grow in relative
terms.
GCC banking assets have been
growing strongly in recent years,
except for a slow period in 2009,
at a compound annual growth
rate of 7.5 percent from 2007-11.
This growth in banking assets is a
consequence of the region´s economic
... | | | Abu Dhabi energy firm sells 7%
Tesla Motors stake for $250mn |
 ABU Dhabi National Energy
(TAQA), a state-owned oil
explorer and power supplier,
has sold its 7 percent stake in
Tesla Motors, cashing out
from the US electric carmaker´s
steady stock rally. TAQA,
which is 75-percent owned by
the government of Abu
Dhabi, said it made a profit of
$113 million on the sale,
which was effected through
the stock market and at
Tesla´s last closing price
would have fetched
$250 million.
Tesla, founded in 2003 by a
group of Silicon Valley engineers,
is best known for for
the Tesla Roadster, a car
launched in 2008 and now
sold in 32 countries.
Carmakers Daimler and
Toyota also own stakes in the
company, which expects to ... | | | Spain´s fiscal woes all set to
intensify in 2013: Badiani |  SPAIN, sucked back into the
centre of the eurozone debt
crisis, is headed towards a
financial crunch in 2013 that
may force it to seek international
help, analysts warn.
Alarm has spread on the
financial markets over Spain´s
rising public debt, bulging
deficit, fragile banks and a
slide into recession at a time
of soaring unemployment.
Investors pounced in the
past week, forcing the government
to pay higher borrowing
costs at a bond auction and
snapping up securities that
pay out in the case of a default
on sovereign debt.
"Despite rising Spanish
bond yields and bond market
jitters in recent weeks, Spain
is not in any immediate danger,"
said IHS Global Insight
economist ... | |
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