News Headlines 23/11/2022
Headlines: China Seals Gas Deal with Qatar COP27: But No Progress on Fossil Fuels
All posts tagged: economy
The Saada Agricultural Cooperative Association in Yemen A Violation of the Rulings of Islam and a Revival of the Idea of Cooperatives
Although nearly two months have passed since the inauguration of the multi-purpose Fruits of Saada Agricultural Cooperative Association, registration is still open to this day at the rate of ten thousand per share. Therefore, we must clarify the reality of those associations that are in violation of the rulings of the noble Sharia, and in […]
The Reason for the High Prices of Electricity and Natural Gas is Capitalist Policies
The Turkish Energy Market Regulatory Authority (EPDK) announced an increase in electricity tariffs for residential subscription groups by 20%, and for industrial subscription groups by 50%. Meanwhile, Turkish Petroleum Pipelines Corporation (BOTAŞ) announced a 20.4% increase in the residential subscription natural gas tariff and a 50.8% increase in the industrial subscription natural gas tariff. Thus, […]
Q&A: The US-China Tension over Taiwan
Question: What is behind the US-China tension over Taiwan? What are the motives behind this tension? Why did the US provoke China by the visit of the Speaker of the House of Representative and other members of Congress to Taiwan? What is the importance of the island to both China and America? Are matters moving […]
All those Who Desire Independence from America, Must Work to Re-Establish Khilafah (Caliphate) on the Method of Prophethood
The country wide debate, from the masses to the people of power, has widened from the crash of the Rupee before the US dollar, and the use of Pakistan’s air space for American drones, to how Pakistan can become truly independent, whilst we bear grave losses to our economy, education, health and security. The long […]
Following the Footsteps of the Previous Regime, the Transitional Government Facilitates the Country’s Wealth to be Plundered by the Colonial Countries’ Companies!
Finance Minister Jibril Ibrahim removed the curtain from what he called “great economic news” that contribute to solving many development problems in the country. On Sunday, 24/7/2022, the Minister addressed a meeting discussing accelerating the procedures for implementing the contract of the Ministry of Minerals with the Canadian Orca Gold and Australian Perseus gold mining […]
At the Behest of the IMF, Pakistan’s Rulers Slow the Economy Down, Choking Business and Trade, To Conserve Dollars, Just to Pay Off Foreign Interest Based Debt!
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has raised interest rates by 1.5 % to 15 %. According to the SBP’s own press conference, the increase is to slow the economy down, whilst claiming that such demand contraction is a must, otherwise high growth is unstable, worsening inflation. Even after […]
The Annual Khilafah Conference of Hizb ut Tahrir / Wilayah of Tunisia 2022
On the 101st painful anniversary of the demolition of the Khilafah (Caliphate), and with the intensification of efforts to reestablish it, so that Muslims can enjoy the heights of glory under it, and regain their lost pride, humiliated dignity and leadership for humanity, Hizb ut Tahrir is holding its annual conference in the Wilayah of […]
A Delegation from the Central Communications Committee of Hizb ut Tahrir / Wilayah Lebanon Visits Sidon City Representative Dr. Abd al-Rahman al-Bizri
In the context of Hizb ut Tahrir’s campaign in Wilayah Lebanon regarding the parliamentary elections that were held on May 15, 2022, and the resulting results, and the arrival of Dr. Abdel Rahman Al-Bizri to Parliament as a representative of the city of Sidon, and the continued deterioration of the economic and living conditions in […]
The Inflation Crisis is the Fate of Capitalism
Nureddin Nebati, Minister of Treasury and Finance, said, “High increases in international commodity prices, especially food and energy, triggered by the global pandemic and war circumstances, and some disruptions in supply chains play a fundamental role in high inflation rates in our country, as in all other countries in the world.” said. (03.06.2022 Akşam)
Pakistan’s Economy is Crashing!
Pakistan’s economy is crashing due to international trade based on the dollar, debt with interest (riba) and expensive oil and machinery imports. Islam establishes all trade on gold and silver, ending dollar hegemony. Islam abolishes interest (riba), ending the debt trap. Islam obliges substantial domestic heavy industry to ensure independent, powerful armies. The Khilafah will […]
With a Collapsing Rupee and an Eruption of Inflation, Democratic Capitalist Policies Have Shoved the Economy into Intensive Care.
The Khilafah Alone Will Build an Independent Economy through Islamic Policies. An independent nation can never be born of slavery-based economic structures, policies and regimes. What is the result of seventy years of enslaving, democratic, capitalist policies? When the international price of oil rises, the economy begins to falter, sputter and stall. When the US […]
Capitalist Policies Promote Low Total Fertility Rate (TFR)
Kenya: Mandera County leads with the highest fertility rate of 8, followed by Marsabit County at 7, Wajir at 6.7, Turkana at 6.4, West Pokot at 5.6, Samburu at 4.9 percent. On the other hand, Nairobi County leads with the lowest fertility rate of 2.5, followed by Nyamira, Kirinyaga and Kiambu Counties all three each […]
One IMF economic hitman is replaced by the next, Dr. Murtaza Syed!
Faces change but slavery to the IMF remains. The IMF supervised interest debt trap has meant that Pakistan’s debt has risen from 10 trillion Rupees in 2011 to 40 trillion in 2022. Over half of Pakistan’s tax revenues are now spent on interest payments. The IMF will keep Pakistan as a cash cow for those […]
Q&A: The Truth and Causes of the Economic Crisis in Egypt
Question: The Egyptian market is witnessing a significant rise in prices, and the Central Bank devalued the pound. The state announced its intention to hold a national dialogue with all parties, and released three thousand prisoners. What is the reality and causes of this economic crisis in Egypt?
The Third Meeting of the National Alliance
April 25, 2022, the leaders of the six political parties that made up the National Alliance formed in Turkey against the AKP and the MHP-led Cumhur alliance met for the third time under the leadership of the Democratic Party leader Gültekin Uysal. In their mutual written statement, they said: “…We reaffirm our commitment to a […]
The Constant Inflation is Due to Currencies that Lose their Value Constantly, as They are not Based on Gold and Silver
Like other currencies, the Dollar, the Pound and the Franc, originally, the Rupee was backed by real tangible wealth in the form of a precious metal. In the case of the Dollar, it was gold, in the case of the Rupee it was silver. This system stabilized the value of the monetary unit both internally […]
‘Afghanistan Peace Agreement’ Are Muslims Victim of a Cruel Hoax?
In Afghanistan, America became entrapped and tried many strategies and options to pull out from Afghanistan right after 2006. The position of America has slipped from being a superpower to simply one of the many powers with unsustainable baggage of Military expeditions. A report on ‘Global Landscape 2020’ is a document, written in the year […]
Sudan: Press Report 23/04/2022
In continuation to the public events organized by Hizb ut Tahrir / Wilayah Sudan, to awaken the Islamic Ummah and sharpen its determination to establish the Khilafah Rashidah (rightly-guided Caliphate) State anew, by creating a public opinion aware of the provisions and solutions of Islam, the party held numerous public activities in the various regions […]
In Afghanistan, ‘People Selling Babies, Young Girls to Survive’
Dire economic situation sees children dying of starvation as millions of Afghans struggle to put food on their tables. By Ruchi Kumar [Aljazeera.com Published on 31 Mar 2022] Comment: Imagine, if these were “white, blue-eyed and blond” Ukranian families freezing in the cold, forced to sell their kidneys and children, merely to feed their families. Imagine, […]
State-Run Sugar Mills are Deliberately Kept as Losing Concerns for the Crony Capitalists
All but one of the 15 government sugar mills in the country are currently running at a loss. The accumulated debt of these sugar mills is about BDT. 6 thousand crores. But sugar mill workers and experts say government policies and management are mainly responsible for the losses. With some modernization, the sugar mills can […]
Pakistan’s Revenue and Expenditure under the Khilafah
Pakistan’s Current System Secures the Economic Interests of the Kafir Colonialists Sufficient revenues in the state treasury are essential for looking after the affairs of the people and managing the state expenses, such as the armed forces, health and education. However, in Pakistan’s current system, both democracy and dictatorship take turns to secure the economic […]
The US Federal Reserve Announces Plans to Raise Interest Rates
Following a press conference by Fed Chairman Jerome Powell on January 26, 2022 Politico reported: The Federal Reserve is likely to raise interest rates in March in what is expected to be the first of a series of hikes this year amid rising inflation.
Maintaining Colonial Bondage in Exchange for Paltry Payments
Base Titanium, the company extracting titanium minerals in Kwale County, paid its Australian parent firm Base Resources a dividend of Sh 6.5 billion in the year ended June, highlighting its lucrative mining venture. The payout ranks the Perth-based multinational second in the list of foreign companies whose dividend receipts from Kenya have been disclosed. South […]
Launching of an Economic Campaign of Hizb ut Tahrir / Kenya under the Slogan: Economic Hardships Islam is the Answer
Hizb ut Tahrir / Kenya is officially launching an economic campaign that will run for one month. The campaign will commence on first of the sacred month of Dhul Hijjah 1442 AH corresponding to 11th July 2021 until August 11, 2021 CE.
Reality of the Government of Pakistan’s Growth Targets
The government has set higher targets for rates of economic growth, inflation and fiscal deficits for the next fiscal year. This is partly based upon irrational exuberance about this year’s growth indicators and partly on tacit approval by IMF for an expansionary policy stance. The façade of current growth claims is evident from the on […]
Pakistan’s Rulers Tie Pakistan to Destructive IMF Policies in Every Budget, Ensuring Continuous Economic Misery
Whilst claiming there are not enough funds to care for those in hardship and initiate Jihad in the Path of Allah (swt) to liberate Occupied Kashmir and Al-Aqsa, the Bajwa-Imran regime throws our economy into the grave that the IMF has dug for it. The Bajwa-Imran regime ties Pakistan to the IMF policies in every […]
Under Capitalism, Every Calamity is an Opportunity for the Elites to Maximize their Greedy Interests at the Cost of the Common People
Beximco Pharmaceuticals has made a net profit of around Tk 77 from each of Oxford University-developed Covid-19 vaccine dose brought from India. The government has so far allowed Beximco Pharma alone to import and sell Covid-19 vaccines on the local market alongside the government’s limited mass vaccination program which began in early February. According to […]
Economic subjugation is a colonial tool to gain political control over Muslim lands!
Pakistan’s rulers continuously plea economic compulsion over the issues of the honor of the Prophet (saw), Occupied Kashmir and securing US influence in Afghanistan.
The New IMF Deal is Open Enmity against the Muslims which a Change of Finance Minister Cannot Fix
The Capitalist System must be Uprooted Complying to IMF dictates, the government of change has committed to a host of destructive back breaking measures. It will raise an additional Rs. 1272 billion in taxes for the next financial year, chasing a target of Rs. 5963 billion, when it failed to meet the Rs. 4691 billion […]