tuque /tūk/ n Canadian English, var. toque [19th c. Canadian French, from the French toque, from the Basque tauka] 1 A close-fitting knitted cap, often with a long tapering end or tassel or pompom. 2 fig Something quintessentially Canadian.
souq /sūk/ n from the Arabic سوق var. souk 1 An open-air marketplace. 2 fig A central meeting place for the circulation of news and ideas.

Wednesday, September 24, 2008

Saved by the [lack of a] Bell

"The Syrian economy, out of all the regional economies, has been least affected by this [global financial] crisis... The Syrian financial market is yet to be born, and the financial institutions and banks are still in their infancy, the capital of which is mostly domestic..."

- Syrian Finance Minister Dr. Mohammed al-Hussein, in an op-ed from the Syrian pro-gov't daily al-Thawra, commenting on how Syria's defence against the domino effect of the financial market crisis is, um, its grossly underdeveloped financial market.
[See further comment from Asharq Alawsat here.]

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