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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (348298)8/24/2007 9:19:56 AM
From: Taro  Respond to of 1573864
 
Some friends of mine used to live and work in Saudi Arabia and for a good weekend with booze they always joined the locals on their way to Kuwait for a good evening or two out.

But that was like 30 years ago.

Taro



To: Elroy who wrote (348298)8/24/2007 9:34:56 AM
From: Taro  Respond to of 1573864
 
At least Dubai right now is gambling big for Swedish OMX!

Taro

businessweek.com



To: Elroy who wrote (348298)8/24/2007 11:48:21 AM
From: bentway  Read Replies (2) | Respond to of 1573864
 
Elroy, they've got a stock market. That's "gambling".



To: Elroy who wrote (348298)8/25/2007 4:18:07 PM
From: tejek  Read Replies (1) | Respond to of 1573864
 
So then, if Dubai makes gambling legal, then it will be big news.

Everyone in the UAE has an identity card which lists their religion.


That's amazing. And you are comfortable in that kind of environment?

If they were to legalize gambling, there would likely be a law that all gamblers will have to show their id card to prove that they are not Muslims. Whether the law would be enforced or not is another story. For example, alcohol is legal in hotel bars and restaurants and in licquor shops, and every consumer/purchaser of alcohol in those venues is supposed to be ready to show their id card to prove they are not Muslim. The law exists, but is only enforced in the licquor stores, and then loosely. Arabs drink licquor all the time in hotel restaurants, whether they are Muslim or not is never brought up, but it theoretically could be if the police chose to enforce that law.

So much for my thinking that the UAE was looser than other Muslim countries. Moralistically, I thought Dubai was more like Hong Kong, but now it sounds more like Singapore.

To make a single $5 billion investment in a casino suggests that fund is very big.

Evidently they got some cheap packaged subprime loans as collateral....


And a somewhat damaged bridge in Minneapolis...........