Euro under pressure with Greece's debt talks stumble

LONDON (Reuters) - The euro fell on Monday to its lowest level in nearly two weeks against the Swiss franc, considered a safe haven after attempts to break the deadlock between Greece and its creditors failed over the weekend.

The talks, which took place on Sunday, one hour did not last, indicating significant differences between the two sides.

The euro slipped to 1.0422 Swiss francs, its lowest level since the third of June, then improved to 1.0465 thus stable compared with the previous close. The single currency fell 0.3 percent to $ 1.1230 to stray more from a peak last week of $ 1.1387.

And the euro helped the dollar index losses to rise 0.2 percent to 95.167 and away from its lowest level in nearly a month 94.322 hit last week. The US currency rose 0.2 percent to 123.58 yen.

CITATION FROM REUTERS EDITION :http://goo.gl/k6FPNN

Gambling with the planet - Opinion - Al Jazeera English

Gambling with the planet - Opinion - Al Jazeera English

• Quran Surah Rahman Ayah 7- 9 “And the Firmament has He raised high, and He has set up the Balance (of Justice), In order that ye may not transgress (due) balance, so establish weight with justice and fall not short in the balance.” Quran Surah Rahman: Ayah 7-9:

• Allah has created this world in balance and justice but our deeds dis-balance it. These deeds vary from personal life, our social behaviors, our economic and political activities. If we see at the financial crisis world is in, I think it is just because of two things “Greed” and”virtual financial product”. Financial world created virtual economy and product which does not exist, known as “Derivatives” traded on them, not only traded but also gambled on them and everyone now feel the hit. I believe in sharing in risk. Today people wants to transfer the risk, this will never work. What we are in “Financial Crisis” is ultimately result of not sharing the risk but transferring it to other. This is because we transgressed our limits on balance and justice. If we want to change, we need holistic approach to change our lives, then and then only justice and peace can come to the world. Almost aII the commentators have interpreted mizan (balance) to mean justice, and '...set the balance" to imply that AIIah has established the entire system of the Universe on justice. Had there been no harmony and balance and justice established among the countless stars and planets moving in space, and the mighty forces working in this Universe, and the innumerable creatures and things found here, this life on earth would not have functioned even for a moment. Look at the creatures existing in the air and water and on land for millions and millions of years on this earth. They continue to exist only because full justice and balance has been established in the means and factors conducive to life; in case there occurs a slight imbalance of any kind, every tract of lift would become extinct. but weigh things equitably and skimp not in the balance.




• *8 *8 That is, "As you are living in a balanced Universe, whose entire system has been established on justice, you also should adhere to justice. For if you act unjustly within the sphere in which you have been given authority, and fail to render the rights of others, you would indeed be rebelling against the nature of the Universe; for the nature of this Universe does not admit of injustice and perversion and violation of the rights. Not to speak of a major injustice, even if a person fraudulently deprives another of an ounce of something, by giving him short measure, he disturbs the balance of the entire Universe.-This is the second important part of the Qur'anic teaching that has been presented in these three verses. The first teaching is Tauhid and the second is justice. Thus, in a few brief sentences the people have been told what teaching has been brought by the Qur'an which the Merciful God has sent for the guidance of man."




• 7th April One More Shock