End the story of interest rates

Oil exporting and oil importing Muslim countries can end the story of interest rates together To understand the structure of interest rates in today’s world, it is very imperative to understand the essence of the whole global system which is well connected. Although a variety of interest rates exist in the system, like overnight interest rates or deposit interest rates, this article will only examine the interest rates for Foreign Portfolio Investors (FPI) as it is the main parameter for all types of it. With that base notion, the capitalist…

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The impact of Ramadan to the economy

Economics is a very strange discipline among all disciplines partially because of its direct relationship with every part of life. But perhaps what makes it so interesting is its aim to derive empirical and in a way scientific results from social events or behaviours. Thus, the term social science first called with Economics for its method of combining quantitative and qualitative techniques. Say in mathematics, a derived result is certain and undisputable since the data flow has no brake in its own chain. You either gain a result or you…

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Responding To A Nasty Message

In case you haven’t heard it, The United States of America witnessed another plane involved in an incident last month. That is right; planes are becoming quite popular for any kind of action. However it wasn’t popular enough for national media which covered the story literally for 5 minutes – far less than Tiger Woods’ public apology. As the headline indicated an ordinary accident, most of the people including me did not pay any attention to it; “Plane Crash in Austin”. Obviously an innocent pilot must have lost the control…

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The Odd One Out Community in the USA; Muslims

No doubt, the life became harder for Muslims after 9/11. Meanwhile, the raising conspiracy theories about it (the very well known one is coded with the term “Inside Job”) and the actions of the Bush administration in Iraq, despite the fact that there were no nuclear weapons, cooled down the pressure over Muslims. Since then, a small amount of packed actions has been served to the attention of people in order to remind them how dangerous the Muslims are. On the 5th of November, an army psychiatrist fatally shot 12…

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