Shariah-compliant banking, sometimes called Islamic banking, is growing in popularity in the Western and Islamic worlds. But critics say American interest in the system at a time of economic crisis is opening the door to increased Islamic influence in the American banking system. Worse yet, some fear the banks may be helping to finance international [...]
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LONDON — Britain’s Prime Minister Gordon Brown will push for a new international financial system that updates the Bretton Woods agreement in a speech to be delivered Monday evening. Brown will call for the reforms at the G20 summit to be held in Washington next weekend. “The British Government … will begin to begin a [...]
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BARACK OBAMA: Hello, Chicago. (APPLAUSE) If there is anyone out there who still doubts that America is a place where all things are possible, who still wonders if the dream of our founders is alive in our time, who still questions the power of our democracy, tonight is your answer. (APPLAUSE) It’s the answer told [...]
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