One way to ease liquidity for banks is that the government can buy all highly rated securities held by the banks. Every single bank in the U.A.E. has some sovereign debts in their portfolios. I am not asking them to buy any junk bonds, rather the high quality U.A.E. government debt.
The Central Bank should have a permanent window for discounting high quality securities where banks could go and discount these. It gives peace of mind to the banks. In the absence of this facility, what banks tend to do is to keep a liquidity cushion for emergency requirements. This is a very expensive way of managing liquidity.
So I went to English school, secondary English school, so forget going to Mecca for my religious education.
Well, the most important thing about Islam is that we have to differentiate between two kinds of Islam. The first one is the institution of Islam... second, the culture of Islam.
Many will view the compromises that will be made during your negotiations as painful concessions. But why not view them as peace offerings, ones that will provide in return the priceless gifts of hope, security and freedom for our children and our children's?
Mr. President, prime ministers, let us have ambitions: ambitions to move beyond the violence and occupation, to the day when two states, Palestine and Israel, can live together side by side in peace and security.
When we try to push the envelope, there are certain sectors of society that say this is a Zionist plot to sort of destabilize our country, or this is an American agenda.
The security and the future of Jordan is hand-in-hand with the future of the Palestinians and the Israelis.
I think the success of democracy is not really police security; it's the presence of a broad middle class. The stronger the middle class of a people is, the less you have to worry about one group coming in and exploiting the democratic process for its own ends.
The secret is not to make a film that causes something like Virginia Tech to happen. The secret is to make a film that stops it happening.
