Daily Content Archive
(as of Sunday, June 4, 2017)Word of the Day | |||||||
---|---|---|---|---|---|---|---|
disdainful
|
Article of the Day | |
---|---|
![]() Islamic BankingIslamic banking is a system of banking that is consistent with Islamic Sharia law. In particular, it prohibits usury—the collection and payment of interest—and investment in businesses considered unlawful. In the late 20th century, a number of Islamic banks were created to cater to the needs of the Muslim banking market. These institutions rely on the common Islamic concepts of profit sharing, safekeeping, joint venture, and leasing. How are these banks able to operate without charging interest? More... |
This Day in History | |
---|---|
![]() Jonathan Pollard Pleads Guilty to Espionage Charges (1986)After leaving graduate school in 1979, Pollard immediately began applying for intelligence positions, and landed one at the US Naval Investigative Service (NIS). In 1985, after he had attained a high level of clearance, coworkers noticed that he was accessing a huge number of documents for seemingly no reason. He was arrested and, the following year, pled guilty to selling secrets to Israel. He was sentenced to life in prison. What early clues nearly derailed his career before it started? More... |
Today's Birthday | |
---|---|
![]() François Quesnay (1694)While serving as consulting physician to Louis XV at Versailles, Quesnay developed an interest in economics. In his 1758 Tableau économique, he described the relationship between the different economic classes of society and the flow of payments among them, and he developed the concept of economic balance used by many later economic analysts. An advocate of laissez-faire economics, he believed that all wealth originated with the land. What school of economics is he credited with founding? More... |
Quotation of the Day | |
---|---|
![]() L. Frank Baum (1856-1919) |
Idiom of the Day | |
---|---|
land of plenty— A fictional or imagined utopian place where there is an abundance of everything needed to survive and flourish. More... |
Today's Holiday | |
---|---|
Festival of the Sea (2017)The Festival of the Sea is based on the Icelandic tradition of Seamen's Day, an occasion to honor all who make their living from the sea. It takes place annually, primarily in the city of Reykjavík. Traditionally, fishermen compete during the festival in swimming and rowing races and other tests of strength, including the popular tug-of-war. The festival also includes numerous cultural activities, parades, arts-and-crafts activities for kids, food fairs, and sailing competitions. Tourists come from far and wide to participate in the fun and to view boats and ships as they rest in the harbors. More... |
In the News | |
---|---|
Scientists Try to Unwrap the Secrets of Egyptian Mummy DNAThe Ancient Egyptians were famously fantastic at preserving their dead. But while their mummification methods helped protect soft tissues like skin from the ravages of time, the dry, hot climes that kept the deceased so pristine didn't do their genetic ... More... |