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By abdallahseymour, March 1, 2010 10:52 pm

The Norwich Conference 2010 - paving the way for the post-banking economy

For further details and breaking news visit: The Norwich Conference

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By abdallahseymour, September 12, 2009 1:53 pm

A growing call for free currency worldwide. By Sulaiman Wilms

(gm). The symptoms of the global predicament are well known. From the struggle to dominate contested regions and their energy routes, to the anarchic priva­tisation of violence, and the blatant crisis of the current financial order – all these are frequently evoked. But beyond all that, on a quite different plane, alternative models are appearing and gaining wider recognition. And at their heart, however differently formulated, is the desire for monetary freedom.

What do financial executives, Muslim jurists, small retailers and the leading Eurasian politicians all have in common? On the face of it, nothing at all. And yet through this unlikely cross-section there is a growing awareness of the defectiveness of the domi nant financial order, coupled with a desire for new reserve currencies, local money-flows, and the freedom to choose a preferred mode of payment. Admittedly this is not a subject which can claim any kind of global consistency; the con text and motivations involved are too diverse. A representative of traditional mone tary liberalism cannot consider himself in the same boat as a traditional Muslim jurist. Yet the question of money affects ­everybody on a daily basis.

Read more

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By abdallahseymour, September 6, 2009 7:18 am

From the Chapter: Currency [Islamic Currency], section four of the translation of Al-Maqrizi’s “Ighatha”;

(This chapter talks about fulus, which were small copper coins minted in addition to gold and silver coins. The term was later applied to paper money when it first appeared in the Muslim lands.)

“The third cause [of this situation (the many problems that be set the Circasian Mamluks of Egypt)] is the circulation of fulus. Know – may God grant you toward every good an easy path, and on every grace a sign and a guide – that has always been God’s custom toward His creatures and His continuous want from the Creation to the occurrence of these events and the perpetration of the crimes that we have mentioned, in all corners of the earth and among every nation, that the currency that has been used to determine prices of goods and costs of labour consists only of gold and silver. Continue reading 'Gold, silver and copper coins'»

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By abdallahseymour, August 16, 2009 3:54 pm

“The coin, resembling a euro, is 29 millimetres in diameter and weighs 15.55 grams of pure gold.”

By Lyubov Pronina

July 15 (Bloomberg) — The gold coin displayed by Russian President Dmitry Medvedev at last week’s Group of Eight summit as an illustration of how a future global currency may look, may be made at Russian mints, its originator said.

Medvedev pulled out the coin at a news conference on July 10, saying: “Perhaps one day something similar could appear. You would be able to hold it in your hand and use as a means of payment.” Leaders at the summit in L’Aquila, Italy, received the coin as a gift, said former journalist Alessandro Sassoli, author of a project he calls “united future world currency.”
Read more here G-8 ‘World Currency’ Coin’s Creator Seeks Russia Participation

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By admin, August 9, 2009 4:34 pm

 
The book Banking, the root cause of the injustices of our time, (Diwan Press, 2009) is available from Bahr Press.

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By abdallahseymour, July 15, 2009 4:36 am

We link to this important lecture because, we believe, the Prince has addressed many of the issues that motivate the Open Trade movement.

His Royal Highness The Prince of Wales delivers The Richard Dimbleby Lecture on BBC1
Facing the Future
His Royal Highness The Prince of Wales gives The Richard Dimbleby Lecture from St James’s Palace in London, setting out the serious challenges facing the world.

Click here to watch

The Richard Dimbleby Lecture, titled “Facing the Future” as delivered by HRH The Prince of Wales, St James’s Palace State Apartments, London

http://www.princeofwales.gov.uk/speechesandarticles/

8th July 2009

Ladies and Gentlemen, I am delighted that you are able to join me here at St. James’s Palace and I am enormously grateful to Jonathan Dimbleby for what was a very well-crafted obituary!

Continue reading 'The Richard Dimbleby Lecture – Facing the Future – His Royal Highness The Prince of Wales'»

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By abdallahseymour, June 29, 2009 3:56 pm

For five days from Wednesday 24th – Sunday 28th June the Open Trade Network hosted an open market event outside the Chapelfield Shopping centre in Norwich. Continue reading 'The OTN Market at the Chapelfield Shopping Centre 24th-28th June 2009'»

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By admin, June 23, 2009 12:26 am

Chapelfield Plain (outside Chapelfield Shopping Centre under the big screen)
Wednesday 24th June to Sunday 28th June (all day)
ORGANISER: Open Trade Network
CONTACT: Richard Seymour (email: abdallah@opentrade.org.uk)
Amal Douglas (email: hajjamal@dmcconsultancy.co.uk)
tel: 08707 33 44 55

The Open Trade Network have teamed up with Chapelfield Shopping Centre to put on a five day Open Market on Chapelfield Plain, outside the shopping centre under the big screen, to promote enterprise amongst young people in Norfolk and showcase local talent. Continue reading 'Chapelfield Open Market – Promoting Youth Enterprise – Wednesday 24th June to Sunday 28th June'»

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By admin,

The Open Trade Network Market

Abdallah Seymour of the Open Trade Network who organised the market speaks to the press

The Open Trade Network had a market at the Chapelfield Gardens, as part of the Norwich & Norfolk Festival. Continue reading 'The Open Trade Network Market in Chapelfield 9th-10th May'»