Are the Barbarians at the EU Gates?
BRUSSELS: The euro area confronts a fundamental crisis that attacks on financial speculators will do nothing to resolve. The European Council of Ministers had to promise hundreds of billions of…
Oil climbs 3 pct to above $70; traders eye EIA data
LONDON: Oil rose by almost 3 percent on Wednesday to climb back above $70 a barrel after a US industry report showed a steep drop in gasoline stockpiles in the…
Rating the Raters
CAMBRIDGE: In the new financial order being put in place by regulators around the world, reform of credit rating agencies should be a key element. Credit rating agencies, which play…
Kuwait court upholds death for wedding tent 'arson' wife
KUWAIT CITY: The Kuwaiti appeals court on Wednesday confirmed a death sentence against a woman convicted of setting fire to the wedding tent as her husband took a second wife,…
Style over substance in Palahniuk's new 'Tell-All'
Chuck Palahniuk is one of modern American fiction's most interesting stylists, and he's at it again in his latest novel, "Tell-All." It's a slim book based on a kernel of…
Dancing to an African beat
Egypt has always been in a unique socio-political, geographic position. Situated at the very north of the African continent, and bordering the Middle East; it is regarded as both an…
Reforms transform Syrian economy, but not politics
DAMASCUS,Syria: After delivering a lecture on the increasing role of private banks in Syria, economist Mohammed Ayman Al-Maydani got an uncomfortable request from members of the audience to elaborate on…
Protesting father to sue family minister
CAIRO: Raafat Mostafa, a father facing a lawsuit for protesting along with his three children in front of the People’s Assembly (PA) for 33 consecutive days, is pledging to file…
Piraeus Bank: A structured regional approach
Piraeus Bank made a modest entry into the Egyptian market by buying a small commercial bank. Six years later, however, its portfolio is anything but modest, with a little over…
Gaza Fleet of Freedom wants to dock in Arish port
CAIRO: International aid convoy “Fleet of Freedom” wants to dock at Al-Arish port and enter Gaza via the border crossings with Egypt despite Israeli threats to intercept the group before…
