The government of Cyprus will be unable to meet its payroll in December, and its next tranche of EU bailout money is not due until mid-January. As a stopgap measure, it is appealing to semi-governmental entities to lend it money derived from their pension funds.
In other news, a private Islamic wealth management company has set up the first Islamic retirement annuities scheme in Australia. It is designed to satisfy the retirement needs of Muslims who consider sharia-compliant financing important.
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2 comments:
@ 3-D Printing Reinvents the Advent Calendar.
In a few years it will render all China`s junk-factories and some of the more sophisticated useless :)
@ Coptic Christians Asking Free World to Cut Ties With Egypt Under Morsi.
The Free Wolrd should demand the same solution as was used in sudan. Give The Copts their own part of the country and help them defend it!
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