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عرض الرسائل ذات التصنيف Economics

The "Fafy" Class Evolution in Jordan

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This post is the ridiculous labour, mental exhaustion, hallucinations and contemplation of the tiny minute details that passed us by so quickly... In short its about the rise and fall of "fafies" in Jordan... A new breed rising on the bones of others... The amount of change that we are witnessing in Jordan is fascinating. When I was in School, I remember that if someone was saying (aal o olna) instead of (gal o golna) or (MAMA) instead of (Yummah or El-Waldeh) lol... Then the poor kid was quickly classified as a "fafy" type of person... belonging to the people who live in Shmeisani!!! For those of you who don't know what a "Fafy" boy is... its the boy who's spoiled, rich and a classified wimp... The bullies and the teachers would use the famous good old question, "Where are you from, Shmeisani!!" -laughing-... To indicate that a boy is spoiled belonging to a class that doesn't know how to fight with the rough guys coming from the poor...

Jordan Going Nuclear & we are not alone!

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Sarkuzi & The King in Aqaba, Nuclear power support is coming from France for Jordan's ambitious project in developing Nuclear Energy. That's the headline in today's Al-Dustoor newspaper. What's not in the headline is that Sarkozy is also providing Nuclear support to Egypt as well... I've checked a few websites on the issue, there is quite considerable talk of Nuclear Power in the whole Middle East region, check this out : "In the Middle east and North Africa: Iran, Gulf states, Yemen, Israel, Syria, Jordan, Egypt, Tunisia, Libya, Algeria, Morocco" Another thing is, the King seems to be shopping around for efficient Nuclear solutions from a number of different places. France is the latest, since " Sarkozy wants everyone to have nuclear power ", he is capitalizing on his technological assets and has his very own explanation of how sharing this will bring the west and Islam closer together... Other candidates to shop from are the Canadians, the...

Should I buy Fuel for the Heater or An Air Conditioning Unit?

I think I might buy Diesel and fill the tank and when the prices are up. I'll just sell it and get myself two air conditioning units. That is if there is anyone crazy enough to buy diesel from me at that time. Now, seriously... I need a serious advice? what's the best in the market? Are there any other options... etc.

A different Bank, one for the Poor!!! Noble Prize Indeed...

Mahmoud Yunus, founder of a bank that is unlike any other, a bank for the poor. Grameen Bank.... this is a very impressive success story about helping the poor by establishing a bank for their needs, it's not a new thing but I thought you should know... Taken from this website www.grameen-info.org "In 1974, Professor Muhammad Yunus, a Bangladeshi economist from Chittagong University, led his students on a field trip to a poor village. They interviewed a woman who made bamboo stools, and learnt that she had to borrow the equivalent of 15p to buy raw bamboo for each stool made. After repaying the middleman, sometimes at rates as high as 10% a week, she was left with a penny profit margin. Had she been able to borrow at more advantageous rates, she would have been able to amass an economic cushion and raise herself above subsistence level. Realizing that there must be something terribly wrong with the economics he was teaching, Yunus took matters into his own hands, and from h...

More Money into Jordan

Oil prices are soaring high again and its not even winter... More money in the gulf would naturally mean more money pumped into Jordan... And guess what? hmmm remember diesel prices... there was a scheduled rise cancelled later on because prices went down... Of course, in Jordan once the prices are up they don't go down easily even if it's an international trend... especially if the government is benefiting... But that's not the point... expect that someone would soon come and tell you... oooh prices are up again we will have to raise the fuel prices again... sorry, but dabber 7 alak ... A recent article in the newspapers pointed out that tourists from the Gulf are grumpy about high prices in Jordan... I never thought this day would come... Apparently, we are doing great... money is poured into Jordan in the form of concrete buildings and steel structures... Who benefits, traders in building materials, contractors, business owners... What about the rest, I'll te...

Interesting CIA figures on Jordan

Want to know unofficial employment rate in Jordan or how many Palestinian refugees are in Jordan, this is the CIA Fact book link on Jordan... https://www.cia.gov/library/publications/the-world-factbook/geos/jo.html What I find amusing is the following statement: "Unemployment rate: 15.4% official rate; unofficial rate is approximately 30% (2006 est.)" Ya akhi 30% in 2006, to give you a feel of what this means... approximately out of every 3 there is one unemployed.. If you think about it a bit more, it means that two thirds of the population should cater for the needs of the 30%... I'll leave the rest to you... And if one third of our population is unemployed, well then, what do you think of the poverty ratio... obviously if all employees are well paid then you will have at least 30% but we know that many are underpaid not to mention the fact that you have to split your bread cover the 30%... You do the calculations, this time I believe the unofficial CIA figures and o...

A King's visit shouldn't block Jordan's Roads!!! طرق الأردن مغلقة بسبب زيارة

Our lives are as precious as those of kings, nothing less... Even if this man is the Saudi King... ya3 ni this is far too much... Why should people suffer, the following cases I've just heard at work due to road blockage in Amman... For those of you who don't know, the Saudi King came to visit Jordan and people suffered traffic jams for hours all over, cause roads should be blocked only for one man to pass!!! Ok first and kind of worst... a young man had to go to hospital for ( ghaseel Kela ) how the hill do you translate that... Anyway, his father takes him only to be stopped to wait in pain, the police makes him wait regardless of his situation... This is something I know about what about all the emergency cases that had to take medication or undergo life saving operations, who will be held responsible for their lives?!? Why is it that no one speaks in the newspapers about this?!? One lady parks her car walks two hours to get to her home in the heat of the day and is actua...

A wake up call from a Man in 3ajloun... "3ajloun is surrounded!"

He's in his mid thirties , works as a driver in a project in the Dead Sea... He gets 7 Jd's a day and pays 3 JD's for transportation on a daily basis... I know him to be a man of integrity an honest man to say the least, kind hearted and so proud of himself... He speaks eloquently , knows what to say and how to say it... Just this morning he passed by and told us that he wanted to buy a gasoline wood saw , because "no one can afford a gallon of diesel at the cost of 7 JD's ". His words reminded me that we still live in Jordan, people that get paid around 250 JD's are the majority... "Who can afford tomato these days or potato?" his words echoed in my now hollow head as he spoke... and his word continued to rain like bullets on unarmed men in Palastine .... "3 ajloun is a very cold place many people are collecting shoes - ajallakom allah - and burning them because they cannot afford wood or " Jeft " to keep warm!" he conti...