On Sunday, the Venezuelan citizens were called to elect a successor after the Venezuelan President Chávez has died six weeks ago. Favourite was the preferred candidate Maduro, who has been appointed by Chavez. Read More »
Egypt and the Islamic loans - Egypt manoeuvres itself more and more into the situation of the late USSR. President Mursi (Morsi) nimbly takes out loans and debts. Meanwhile, there is also a so-called “Islamic loan” (Islamic economic jurisprudence), an interest-free loan, of 2 billion U.S. dollars from the neighbouring Libya for Egypt. Read More »
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