New Trend Magazine (www.newtrendmag.org)
(One Islamic site which has its own writers)
(Scroll down to end for Hadith teachings on struggle and women as
leaders.)
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Dr. Kaukab Siddique has returned from a book-writing trip to Pakistan
and was
interviewed by Wilmer Leon on WOL radio (AM 1450 Washington and 1010
Baltimore) on May 26. Report on radio show coming up soon.
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INTIFADA SACRIFICES HAVE Hit ISRAELI ECONOMY HARD
(Plus a note on Timberlands Support for Israel)
(Our representative in the San Francisco Bay area, Sis. Karen English,
has
compiled the following report from Israeli sources.)
We know that money is dear to the Zionist's heart. The following is
the
economic reality of Israel at the moment. My sources are the Jerusalem
Post,
Haaretz Daily; Israel Insider. All can be read on the internet in
English.
-As of January, the intifada has cost the Israeli economy 13 billion
shekels
(Bank of Israel Research Department).
-Israel's Central Bureau of Statistics put Israel's unemployment rate
at
259,000 or 10.2%, the highest rate in a decade. Ten years ago it was
10.4%,
but that rate reflected the sudden influx of Russian immigrants. It is
actually higher than it's ever been.
-Tourism is down 60%. Tourism is 12% of the gross domestic product.
And,
there doesn't seem to be a light at the end of the tunnel. Few people
are
likely to pick Israel as a summer vacation spot. According to a senior
executive for El Al, the airline is expecting a 25% drop in bookings
and it
could get so bad there will not be enough cash to pay salaries.
Further, the
sharp rise in dollar to shekel exchange will hit economy class tourism
and
will probably cause a 40-50% drop in business travel.
-As of May 26, 2002, the shekel had fallen to NIS 4.91. In the fall it
made
news when it had surpassed NIS 4.30 against the dollar.
-The latest Reserve call up cost Israel 500 million shekels. The army
will
need an additional 1 billion shekels for the year.
-To address the dire financial consequences of what seems to be a war
of
attrition with the Palestinians, Israel is poised to ask the United
States
for loan guarantees of $20-$30 billion. Israel feels the window of
opportunity is now. It must move quickly while Congress is engaged in
deliberations over the FY 2003 budget and midterm elections are
looming.
It's a great time to twist some arms.
-The treasury's 2% growth forecast for 2002 has proven unrealistic and
as a
result, tax revenues will be significantly lower than predicted. Large
corporations recorded huge losses in 2001 and will therefore pay less
tax
this year. The budget deficit will not be 3% as the treasury predicts.
It
will be a lot higher and necessitate huge cuts in government spending.
-Standards & Poor revised Israel's outlook from stable to negative.
-Israel's credit rating could be downgraded if fiscal deficit overruns
and
public debt don't cease to put the downward pressure on the ratings.
-Israel is hoping a $13 billion emergency budget cut will help their
credit
rating. The Shas Party voted against it during the first round of
votes.
Sharon fired the ministers (I'm not sure how that's done.) On May 22,
it
passed in a second round of voting.
-Venture capital dropped in 2001 from 1.5 billion dollars in 2000 to
843
million dollars according to Venture One Research Firm in Israel.
-Norway's biggest food chain has imposed a boycott on Israeli goods.
-Many European companies are not doing business with Israel because of
its
policies and because it has lost faith that Israel will have enough
stability
to conduct business as usual.
Israel exported $650 million less to the major European countries
during the
period January-April according to a report released May 22nd by the
Industry
and Trade Ministry.
-As of March 11, 2002, Moody's Investors Service had downgraded
Israel's five
large commercial banks. The banks are very significant and important
financial institutions so that a possible failure of any of them would
lead
to a systemic crisis.
-Allowances for doubtful debts in the banking sector totaled 4.355
billion
shekels in 2001, 85% more than 2000. This leap occurred in the
second
half of 2001 and slashed the banks' profits.
IMF (International Monetary Fund) reports Israel's balance of payments
will
be $1.8 billion in the red this year, $0.2 billion more than in 2001.
In
2003 the deficit will grow to $2.2 billion. All of this reflects the
current
security situation which caused an economic decline of 30% in 2001.
Bank of Israel Governor David Klein reported, "Figures for the Israeli
economy in 2002 will be much worse in 2002 than in 2001. It is almost
certain that the GDP will contract, unemployment and inflation will
rise and
the balance of payments deficit will grow." Meanwhile treasury figures
released May 2 show that tax revenue is continuing to fall. Klein also
predicted that interest rates would rise depending on the pace of
inflation,
caused by the shekel's ongoing depreciation.
Empty restaurants, silent streets, deserted tourist sites are having a
trickle down effect. The University of California suspended its study
abroad
program in Israel and has called back the students who were there for
the
current school year.
I wonder if Sharon thinks he can bulldoze this reality away.
Alhamdullilah. "Allah's subtle scheme is exceedingly firm." 7:183
A side note: Sharon's foe is not the so-called "terrorist
infrastructure."
Sharon's foe is the jihad that is growing in Muslim hearts all over the
world.
One last item: Jeffrey Swartz, President and CEO of Timberland Company
recently made a solidarity visit to Israel during the height of its
Operation
Desert Shield. Swartz oversees operations of the $1.1 billion global
footwear, apparel, and accessories company. He proposes that 100
reservists
who took part in the recent military operation come to the US to go on
a week
long speaking tour. They should target American Jews in the 50 largest
US
markets to explain their side of the situation. Should we be buying
Timberland shoes? Think how that money would go to help Israel.
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WE URGE READERS TO BE SURE THEY ARE NOT DOING BUSINESS WITH JEWS
HELPING
ISRAEL. TIMBERLANDS PREVIOUSLY MADE RACIST COMMENTS ABOUT
AFRICAN-AMERICANS.
Boycott Starbucks, Disney, Giant foods, Arm and Hammer and ALL
Jewish-Israeli
products. IS ICNA still supporting Safa Halal, owned by a Jew?
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AFRICAN LIBERATION DAY OPPOSES ZIONISM, IMPERIALISM, NEO-COLONIALISM
Case of Ahmed Abdel Sattar brought up along with that of Imam Jamil
al-Amin
May 25, 2002 saw a gathering of Africanist groups at Howard
University
in Washington, DC led by the All African People's Revolutionary Party.
Unusual insights were brought by representatives from the CONGO and
ZIMBABWE. The American people are not being informed by NPR and other
Zionist
media that the U.S. and BRITAIN wanted to control elections in
Zimbabwe. TONY
BLAIR of Britain went to the extent of saying that he would not
recognize
Zimbabwean elections which did not give victory to an opposition
candidate
(supported by western powers).
The U.S., U.K. and Israel have intervened in central Africa
through
their surrogates (like 'northern alliance' in Afghanistan) in Uganda
and
Rwanda. The massive wealth of Congo was stolen by a CIA agent who was
installed as ruler. Before he was overthrown, he had transferred
billions of
dollars to European banks.
Interesting insights were also provided by AAPRP leader Banbose
Shango
who has just returned from a trip to Cuba.
From among Howard University students, a young Moroccan sister,
Fatima
Doubakil, made a powerful speech supporting human rights. She is the
student
representative of Amnesty International.
JAMAAT AL-MUSLIMEEN's REPRESENTATIVE gave the following message:
1. According to research done by Dr. Abdul Aleem Shabazz (of Lincoln
university, PA), the original human being came out of Africa.
2. Muhammad (pbuh), the messenger of Allah, was of African origin.
3. The founder of the holiest city of Islam, MAKKA, was an African
woman,
Hajira, may Allah be pleased with her.
4. The American power structure is going down and in its desperation it
is
striking at totally innocent people like Dr. Omar Abdel Rahman, the
blind
Egyptian teacher and Islamic leader now being held in a little cell in
Rochester, Minnesota.
5. Last month leading Egyptian dissident in the U.S., Ahmed Abdel
Sattar, was
arrested merely because of allegations that he talked to opponents of
Egyptian dictator Hosni Mubarak who is tied to the U.S.-Zionist lobby
with an
annual grant of $2.3 billion dollars.
6. We urge the people of America to demand the release of ALL political
prisoners, be it Imam Jamil al-Amin or Ahmed Abdel Sattar.
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TEACHING FROM HADITH: THE POWER OF WORDS EMPHASIZED IN STRUGGLE AGAINST
OPPRESSION.
'AYESHA, Allah be pleased with her narrates that the Messenger of
Allah,
peace be on him, said: Speak words of HAJW (poetic, critical truthful
verses)
against the Quresh (oppressors) because these words are more severe
against
them than a flight of arrows (missiles in modern terminology)....
(Musnad
'Ayesha, r.a., compiled by Jalaluddin Suyuti)
Hadith narrations by 'Ayesha, Allah be pleased with her, are very
important
because these show a woman as the teacher of Muslims, both men and
women.
The Prophet (pbuh) brought 'Ayesha into his household as his wife at a
very
young age, so that she could go forth after he passed as the greatest
teacher
of revolutionary Islam in its purity.
Through her the Prophet (pbuh), taught that:
1. Women can be leaders in all spheres of life. {She even used to lead
prayers.}
2. Menstruation does not "lower" or demean women in any way.
3. The entire Muslim community, women, men, children, should
participate in
Jihad.
4. Verses in chapter 24 of the Qur'an attest to 'Ayesha's (Allah be
pleased
with her) purity.
5. Chapter 24 uses a slander against 'Ayesha by the hypocrites to make
it a
capital crime for anyone to slander women in issues of sexuality.
6. Prayers made possible when water for ablution is not available.
7. Husband is not allowed to use violence against his wife.
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DAJJAL: SUPERPOWER USA by Kaukab Siddique, Prophecies from Muhammad
(pbuh),
which help us understand the world situation today. $4 from:
NEW TREND, P.O. Box 356, Kingsville, MD 21087
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2002-06-02 Sun 17:18ct