I was really trying to find Dead's photo of that crazed man (Hamas?) yelling. I think there was a caption contest for that photo, but I can't find it now.
Treasury minister Ed Balls will say in a speech on Monday.
C'mon!
Posted on 04/23/2007 12:06:08 AM PDT by jdm
LONDON (Reuters) - The government will conduct a feasibility study into issuing Islamic bonds in a bid to bolster London's standing as a centre for Islamic finance, Treasury minister Ed Balls will say in a speech on Monday.In a step towards issuing the first sharia-compliant UK government bond, the Treasury and the Debt Management Office will look into the cost and potential benefits of the government issuing Islamic financial instruments in the sterling market, Balls will tell a Financial Services Authority conference.
The results of the study will be published in the Autumn of this year.
"I believe there are great potential advantages for the UK government issuing sharia-compliant government debt," Balls will say, according to excerpts of his speech seen by Reuters.
"The feasibility study will also be assessing the opportunity for issuing such instruments, taking into account the government's debt management objectives."
The latest announcement follows measures introduced in this year's budget enabling Islamic bonds, or sukuk, to be issued, held and traded in the same way as corporate bonds.
"The measures this government has taken make it possible for issuers to seriously consider the merits of issuing Islamic finance instruments," Balls will say.
The government-backed National Savings and Investments has also been asked to look into making such products available to the public.
I was really trying to find Dead's photo of that crazed man (Hamas?) yelling. I think there was a caption contest for that photo, but I can't find it now.
Treasury minister Ed Balls will say in a speech on Monday.
C'mon!
L
Ping.
Did the United Kingdom buy up this years output of white flags from the French factory? What gives?! This is the same country that Churchill, Pitt, Elizabeth I, Thatcher and Victoria once led? Now that their navy is down to 22 vessels (incredible!) and the rest of the military is at a low ebb, perhaps they feel that they have no choice but to surrender to Islam...I wish them well with that dhimmi thing.
Not this one?
If there is a demand for it, it will be created by a free market.
What is wrong with banks finding another way to make money? Just what form of capitalism do you go by, exactly?
And 22 ships? I think you’ve been misinformed somewhere along the line.
‘Did the United Kingdom buy up this years output of white flags from the French factory? What gives?!’
No we didn’t - your new democrat government did and have been waving them since you elected them. You think considering selling bonds to muslims is worse than Bush giving $23m to palestinian terrorists?
‘Now that their navy is down to 22 vessels (incredible!) and the rest of the military is at a low ebb’
22? I make it 107 if you include RFA capital ships, but not including the two new aircraft carriers and the eight type 45 destroyers on order.
I’m amazed how keen some Americans are to bash the British - our govt hasn’t already surrendered to the insurgents and is just fighting over when the withdrawal is like you have. All we’ve done is reduce troop numbers by 1500 in Basrah and increase them by 1500 in Afghanistan. You’re supposed to be running this war - try leading by example.
Ahem... the democrat congress isn't our government.
our govt hasn’t already surrendered to the insurgents
No. Britain just has surrendere to the Iranian regime, the Muslims in Britain and Terrorists in the world. I'll look forward to your justification of Britains (Governemnt, Navy and the sailors) handling of the hostage "incident". Also how would you describe the British iniative to drop the "War on terror"?
I'm no Brit-basher. For goodness sake I'm not. But Britain has given some shining examples of Dhimmitude recently.
‘Ahem... the democrat congress isn’t our government.’
Pedantry won’t protect you from their majority in both houses, neither will your lame-duck president.
‘our govt hasn’t already surrendered to the insurgents’
Oh no, I forgot. The withdrawal timetable is now ‘advisory’! ;-)
That really sends the islamofascists the right message doesn’t it? We are surrendering, but we’ve still got a lame-duck president in the way. Britain has set no timetable, advisory or otherwise. We’ll be there until the US finally goes home.
‘No. Britain just has surrendere to the Iranian regime, the Muslims in Britain and Terrorists in the world. I’ll look forward to your justification of Britains (Governemnt, Navy and the sailors) handling of the hostage “incident”. Also how would you describe the British iniative to drop the “War on terror”?’
So you plan your complete military pull-out of the gulf and us Brits are the ones who surrendered because our incompetent Labour govt handled a kidnapping like a bunch of muppets? I can’t see the moral equivalence myself! I will not defend the incompetent actions of my Labour govt, other than to say that soon they will be a distant memory. What we have suffered at the hands of Labour is only the start for the US under the dems.
The greatest act of dhimmitude I have seen in a long time is the US elected a democratic majority in both houses knowing that that means surrender in Iraq.
And y’all led the way in your recent national and personal and military behavior while dealing(?) with the Iranians, didn’t you!
Yes, that’s it. LOL. Thanks...
‘And y’all led the way in your recent national and personal and military behavior while dealing(?) with the Iranians, didn’t you!’
No, they acted like muppets, but at least the whole country hasn’t voted for withdrawal.
Yeah? Just wait until they are given the opportunity to do so. Tony Blair waffling around asking teh flaming UN about what, if anything, he could actually say to Iran in the face of this kidnapping! Geez!
It isn't just the British - a sizable minority of posters on Free Republic come here to bash anything that doesn't fit comfortably into their black-and-white view of the world. It's a form of recreation for them. ;)
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