Archive for November 25th, 2008

The world economy has been glooming for the past couple of months. The latest bailout from U.S. government is on the giant financial company, CitiGroup. The U.S. government has invested a good $20 billion and guarantee up to $306 billion in risky assets!

The move has sent Wall Street soaring on Monday and many forecasted that the lowest point of the financial industry’s problem might be over and it slowing recovering.

All the major indexes have jumped more than 4.5 percent with Dow Jones industrials soared nearly 400 points, the highest gain since Oct 1987, about 21 years ago!

Right until now, about $700 billion has been invested to the bailout plan for the overall financial industry. People are a little bit more confidence with the financial market, knowing that the fed is there to help them through the financial turmoil and how the government will help out in  other bank stabilization.

Well, let’s hope that the world financial crisis will be recovering fast this round.



When the yoga was banned for Muslim by the Fatwa Council, many Muslims practitioners who has been practicing Yoga for general well being was very disappointed with the move. They have benefitted from the exercise all these while and now they are being prohibited to continue with it.

However, the regulation is currently put on hold as it hasn’t been presented to the state Fatwa Committee in Selangor. On the other hand, Perak would have to seek the consent of the Sultan before adopting the fatwa to ban yoga in the state.


In Perlis, Mufti Dr Asri Zainal Abidin suggested that yoga with non-Muslim elements would be allowed for the Muslims. Other states have not come to a final conclusion on the ban yet and thus, let’s hope for the best!