Open

Coming up

Don't miss

Replay


LATEST SHOWS

THE WORLD THIS WEEK

The World This Week - 01 August 2014 (part 2)

Read more

MEDIAWATCH

Coverage of Gaza in the Israeli media

Read more

REPORTERS

1914-1918: The Depths of Hell

Read more

THE WORLD THIS WEEK

The World This Week - 01 August 2014

Read more

THE INTERVIEW

Exclusive: Israel's US ambassador speaks to FRANCE 24

Read more

#THE 51%

World War One: The war that changed women’s lives

Read more

FRANCE IN FOCUS

Ségolène Royal goes for green

Read more

THE OBSERVERS

A look back at some of the Observers' best stories

Read more

DEBATE

Argentina Defaults: Kirchner Cries Foul Over 'Vulture Funds' (part 2)

Read more

  • Israeli soldier feared captured, ceasefire 'over'

    Read more

  • Exclusive: Israel's US ambassador speaks to FRANCE 24

    Read more

  • Air France ground workers to strike on August 2

    Read more

  • Rogue general denies Islamist seizure of Benghazi

    Read more

  • Ugandan court strikes down anti-gay legislation

    Read more

  • 1914-1918: The Depths of Hell

    Read more

  • Regional summit to tackle deadly Ebola outbreak

    Read more

  • French hospital to open wine bar for terminally ill patients

    Read more

  • Video: Tipping is dying out in French café culture

    Read more

  • €2.5 million in cocaine ‘disappears’ from Paris police HQ

    Read more

  • Appeal court keeps French rogue trader Kerviel in jail

    Read more

  • Interactive: France’s new plan to counter jihadism in Africa

    Read more

  • Ukrainian army suffers losses in separatist attack

    Read more

  • Argentinian markets plummet following default

    Read more

  • French Jews speak of growing fear in Paris amid Gaza conflict

    Read more

Middle east

Ahmadinejad, Karzai star at Islamic summit

Text by News Wires

Latest update : 2009-11-09

Iran's Mahmoud Ahmadinejad has called for "radical change" in the world economic order at a summit of the Organisation of the Islamic Conference (OIC) in Istanbul. Afghan leader Hamid Karzai is also present, but Sudan's Omar al-Bashir has opted out.

AFP - Iranian President MahmoudAhmadinejad took the centre stage at the one-day Organisation of the Islamic Conference (OIC) summit in Istanbul, after Sudanese President Omar al-Beshir, wanted by a UN court for war crimes, cancelled his attendance at the last moment.
   
"The present economic crisis is due to the capitalist system. The world needs radical change," he told participants, calling for Islamic principles to replace capitalist values.
   
Describing interest rates as the "biggest and most fundamental problem of the capitalist system," Ahmadinejad said economic programmes based on Islamic principles offered the way out.
   
"The world is looking for fairer values that we cannot find in the capitalist system. The world system based on usury has collapsed, proving its failure," he said through a translator.
   
"We have to draw up programmes based on Islamic economic thinkers. That way we can guide people to happiness, security, justice and honesty. This is the most correct way to salvation," he added.
   
Ahmadinejad urged member countries to agree to carrying out trade in their national currencies and setting up a common market.
   
"By announcing the type of money to be used between member countries, we will be saved from the adverse effects of global capitalism," Ahmadinejad added.

The Istanbul summit, which will focus on developing closer trade ties and addressing poverty, has drawn leaders including Syrian President Bashar al-Assad, Afghan President Hamid Karzai and Palestinian premier Salam Fayyad.

Date created : 2009-11-09

  • TURKEY

    Indicted Sudan leader to skip Islamic summit, say Turkish officials

    Read more

COMMENT(S)