How Muhammad Ali Transformed the Image of Islam: Noah Feldman
published Jun 5th 2016, 10:00 am, by Noah Feldman (Bloomberg View) — Boxing made Muhammad Ali famous, but his conversion to Islam — and the meaning the world attached to it — made him a global historical figure. Ali’s conversion came to be understood as an act of transnational identification
Saudi Arabia Surveys Financial Toolkit as Foreign Reserves Drop
published Jun 5th 2016, 3:00 pm, by Stefania Bianchi and Matthew Martin (Bloomberg) —Saudi Arabia’s plans to bolster its finances are taking on a new sense of urgency as lower oil prices put the economy under more strain than at any other time in the past decade. In recent weeks,
Diver dies in attack by shark larger than the boat trying to rescue her : A Well Thought Out Scream by James Riordan
Everyone has a favorite line from the movie Jaws and, for a lot of people it’s when Roy Scheider sees the shark for the first time and says, “We’re going to need a bugger boat. Well, just such a thing happened this week in Australia when a sixty year olf
Women and Family by Brad Weisman: The Test
We live in a world that focuses on “Success”, but we stay away from what “Challenges” each of us. This common thread carries into relationships. Marriage….dating…..friendships all focus on the good stuff and not the challenges that reality brings. The “Test” of any relationship is the ability to pile through
Wall Street Groups Sue to Block ‘Unworkable’ Fiduciary Rule
published Jun 2nd 2016, 5:48 pm, by Katherine Chiglinsky and Elizabeth Dexheimer (Bloomberg) — Wall Street and business lobbying groups have teamed up to fight the Obama administration’s new rules for U.S. brokers managing retirement accounts, saying the regulations include a “ deliberately unworkable” fiduciary standard. The U.S. Chamber of
Why OPEC Should Thank Its Lucky Stars for America: Gadfly
published Jun 2nd 2016, 9:55 pm, by David Fickling (Bloomberg) — There are two sides to every story, and that’s rarely more true than in commodity markets. If you look just at the supply side of the equation, it’s hard to comprehend traders’ mild reaction to another OPEC meeting concluding
Most Asia Stocks Pace U.S. Rebound Before Payrolls as Gold Drops
published Jun 2nd 2016, 8:07 pm, by Emma O’Brien (Bloomberg) — Asian equities tracked the U.S. rebound, rallying as the S&P 500 Index’s climb to a seven-month high bolstered optimism ahead of jobs data that’s likely to color speculation around Federal Reserve policy. Gold extended its slump. Japanese shares drove
*Countering Trump, Obama Says He Has Made America Great Again
published Jun 1st 2016, 6:00 pm, by Justin Sink (Bloomberg) —President Barack Obama took on Donald Trump’s Republican campaign pitch to make America great again by declaring Wednesday that his economic policies already have made life better for middle-class voters. Obama returned to the site of his first presidential visit,
Illinois Heads for Year Two Sans Budget as Compromise Flop
published Jun 1st 2016, 9:36 am, by Elizabeth Campbell (Bloomberg) — Illinois’s leaders failed to end the state’s worst budget impasse on record, deepening the fiscal turmoil in the Land of Lincoln as unpaid bills may swell to $10 billion, schools risk not opening on time, and prisons fall in
This Nonprofit Wants to Work With Syria’s Dictator: Eli Lake
published Jun 1st 2016, 7:31 pm, by Eli Lake (Bloomberg View) —In this turbulent election year, one constant theme for leaders of both major parties is a desire to build a global coalition against the Islamic State. Now a relatively unknown group is taking that message literally. On Wednesday, a