Creating and sustaining Islamic financial centers: Bahrain in the wake of financial and political crises

Although primarily concentrated in countries with Muslim majorities, Islamic finance has become a global industry representing both a decentering of the global financial architecture and the emergence of an urban network that resides beyond the confines of traditional world city literature. While geographers have identified the “Mecca’s” of the Islamic finance industry – one of which is Bahrain – there remains a need to identify the factors necessary to create and sustain centers of Islamic finance. This paper examines these factors through a firm-level survey of foreign and local Islamic financial institutions in Bahrain, in conjunction with key informant interviews with representatives of these firms. We find that while Bahrain’s entrenched institutional advantages have preserved its role as a center in the Islamic financial landscape, ongoing political instability and the increasing attractiveness of new and emerging centers are threatening this role. As the country navigates the current social and political unrest, questions are raised as to what it takes to be an Islamic financial center.     

Prospects for detecting ultra-high-energy particles with FAST

The origin of the highest-energy particles in nature, ultra-high-energy(UHE) cosmic rays, is still unknown. In order to resolve this mystery, very large detectors are required to probe the low flux of these particles — or to detect the as-yet unobserved flux of UHE neutrinos predicted from their interactions. The‘lunar Askaryan technique' is a method to do both. When energetic particles interact in a dense medium,the Askaryan effect produces intense coherent pulses of radiation in the MHz–GHz range. By using radio telescopes to observe the Moon and look for nanosecond pulses, the entire visible lunar surface(20 million km~2) can be used as a UHE particle detector. A large effective area over a broad bandwidth is the primary telescope requirement for lunar observations, which makes large single-aperture instruments such as the Five-hundred-meter Aperture Spherical radio Telescope(FAST) well-suited to the technique. In this contribution, we describe the lunar Askaryan technique and its unique observational requirements. Estimates of the sensitivity of FAST to both the UHE cosmic ray and neutrino flux are given, and we describe the methods by which lunar observations with FAST, particularly if equipped with a broadband phased-array feed, could detect the flux of UHE cosmic rays.     

A high‐resolution seismic stratigraphy from a Scottish sea loch and its implications for Loch Lomond Stadial deglaciation

A detailed high‐resolution seismic stratigraphy, calibrated by core data and terrestrial geomorphological mapping, has been constructed for Loch Ainort, Isle of Skye. This study has provided a palaeoenvironmental history of the area as well as important corroborative evidence for the stepped deglaciation of the Loch Lomond Stadial ice‐field on Skye. The Ainort Glacier reworked pre‐Loch Lomond glacial deposits terminating in a grounded tidewater ice‐front potentially 800 m beyond the previously extrapolated limit. The first stage of deglaciation was characterised by the formation of De Geer moraines indicative of a period of interrupted retreat. The second phase, by contrast, produced hummocky relief with sporadic linear moraines suggesting periods of uninterrupted retreat with occasional stillstands/readvances. Paraglacial reworking of terrestrial slopes resulted in the deposition of thick, subaqueous, debris flows which graded into fluvioglacial dominated sediments and ultimately modern fjordic deposits. The identification of an initial period of active retreat punctuated by numerous readvances correlates directly with the terrestrial record. However, the offshore stratigraphy suggests that although the second phase was dominated by uninterrupted retreat, occasional stillstands/ readvances did occur. Copyright © 2000 John Wiley & Sons, Ltd.     

Helminth parasites of brown trout (Salmo Trutta L.) in Canterbury,New Zealand

Neopeltopsis pectinipes gen. et sp. nov. is described and figured from sublittoral marine algae at Wellington, New Zealand; the genus is an addition to the Peltidiidae Sars. The genus is compared with the other genera of the family, and a revised key is given to the genera of the Peltidiidae.     

Impact of extreme rainfall in the central Sudan during 1999 as a partial analogue for reconstructing early Holocene prehistoric environments

The year 1999 was an exceptionally wet year, with severe floods in China, India and Australia and very high flow in the Nile. In Sudan, the July rainfall was unusually early and heavy, and persistent rains throughout August and early September caused severe floods in much of central Sudan, including Khartoum.The synoptic conditions historically associated with extreme rainfall events in central Sudan include a warm equatorial Indian Ocean, a strong summer monsoon over both Africa and India, a northward shift of the Inter-tropical Convergence Zone earlier and further north than usual, and the presence of deep, well-developed westerly air masses accompanied by a strong Tropical Easterly Jet that allowed more moisture transport into Africa from the South Atlantic via the Congo basin, leading to very heavy precipitation in the Ethiopian uplands and the central Sudan.The intense late wet season rains in 1999 caused a major canal in the Gezira Irrigation Area to break its banks and filled normally dry depressions between dunes with water, providing a partial analogue of early Holocene environments in this region when small groups of Later Stone Age peoples occupied the sandy ridges seasonally. Global Circulation Models cannot provide such detailed local information.     

Local music policies within a global music industry: cultural quarters in Manchester and Sheffield

This paper will explore the relationship between the local and the global in the music industry through the lens of place-based cultural policies.The first part of the paper will outline current debates around the complex interaction of the local and the global in culture in general and the popular music industry in particular. Alongside the continuous expansion of globalisation has been a reassertion of ‘place', of ‘locality'. Whilst this has been investigated to some extent at the level of local music scenes it has never been fully addressed in terms of music industry policy as part of an economic development strategy. Yet it is here that the particular values of ‘place' are asserted in the face of some ‘global' music industry with a view to developing (or at least retaining some of the benefits of) a local music industry.Whilst situating itself within these debates about the relationship of local and global musical production and consumption, the paper explores the different strategies of two northern English cities and their attempts to promote culture, and music, within each cities ‘cultural quarter': Sheffield's Cultural Industries Quarter and Manchester's Northern Quarter. The paper analyses the role and appropriateness of local authority policy intervention, the importance of ‘soft' networks within local music scenes and the different ways in which authorities in each example have tried to overcome dichotomies of art and industry, cultural and economy.     

Indicators of Great Basin rangeland health

Early-warning indicators of rangeland health can be used to estimate the functional integrity of a site and may allow sustainable management of desert rangelands. The utility of several vegetation canopy-based indicators of rangeland health at 32 Great Basin rangeland locations was investigated. The indicators were originally developed in rangelands of the Chihuahuan Desert. Soil resources are lost through wind and water-driven erosion mainly from areas unprotected by plant canopies (i.e. bare soil). Study sites in Idaho had the smallest bare patches, followed by sites in Oregon. The more arid Great Basin Sagebrush Zone sites in Utah had the largest bare patches. Several vegetational indicators including percent cover by vegetation, percent cover by life-form, percent cover by sagebrush, and percent cover by resilient species were negatively related to mean bare patch size and are potential indicators of Great Basin rangeland condition. Plant community composition and the range of bare patch sizes were different at sites in the three locations in Idaho, Oregon and Utah. Therefore, expected indicator values are location specific and should not be extrapolated to other locations. The condition of study sites were often ranked differently by different indicators. Therefore, the condition of rangeland sites should be evaluated using several indicators.     

Intraseasonal variability in the far-east pacific: investigation of the role of air�Csea coupling in a regional coupled model

Intraseasonal variability in the eastern Pacific warm pool in summer is studied, using a regional ocean?Catmosphere model, a linear baroclinic model (LBM), and satellite observations. The atmospheric component of the model is forced by lateral boundary conditions from reanalysis data. The aim is to quantify the importance to atmospheric deep convection of local air?Csea coupling. In particular, the effect of sea surface temperature (SST) anomalies on surface heat fluxes is examined. Intraseasonal (20?C90?day) east Pacific warm-pool zonal wind and outgoing longwave radiation (OLR) variability in the regional coupled model are correlated at 0.8 and 0.6 with observations, respectively, significant at the 99% confidence level. The strength of the intraseasonal variability in the coupled model, as measured by the variance of outgoing longwave radiation, is close in magnitude to that observed, but with a maximum located about 10° further west. East Pacific warm pool intraseasonal convection and winds agree in phase with those from observations, suggesting that remote forcing at the boundaries associated with the Madden?CJulian oscillation determines the phase of intraseasonal convection in the east Pacific warm pool. When the ocean model component is replaced by weekly reanalysis SST in an atmosphere-only experiment, there is a slight improvement in the location of the highest OLR variance. Further sensitivity experiments with the regional atmosphere-only model in which intraseasonal SST variability is removed indicate that convective variability has only a weak dependence on the SST variability, but a stronger dependence on the climatological mean SST distribution. A scaling analysis confirms that wind speed anomalies give a much larger contribution to the intraseasonal evaporation signal than SST anomalies, in both model and observations. A LBM is used to show that local feedbacks would serve to amplify intraseasonal convection and the large-scale circulation. Further, Hovm?ller diagrams reveal that whereas a significant dynamic intraseasonal signal enters the model domain from the west, the strong deep convection mostly arises within the domain. Taken together, the regional and linear model results suggest that in this region remote forcing and local convection?Ccirculation feedbacks are both important to the intraseasonal variability, but ocean?Catmosphere coupling has only a small effect. Possible mechanisms of remote forcing are discussed.