Jordanian actor Yasser Al-Masri killed in car crash

Arab audiences know Yasser Al-Masri for his role in bedouin-style TV series 'Namr bin Edwan.' (Promotional shot for Harun-Al-Rashid)
Updated 23 August 2018
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Jordanian actor Yasser Al-Masri killed in car crash

  • Al-Masri was transferred to hospital in Jabal Al-Zaitun, in Zarqa
  • Arab audiences knew him for his role in bedouin-style TV series “Namr bin Edwan”

AMMAN: Yasser Al-Masri, a leading Jordanian actor, was killed in a car crash on Thursday night in the Zarqa Governorate, east of Amman.
Al-Masri was transferred to hospital in Jabal Al-Zaitun, in Zarqa, but passed away upon arrival, according to local news reports.
Head of The Jordanian Actors Syndicate, Hussein Al-Khateeb, confirmed Al-Masri had died in the accident in Makkah district in Zarqa.
“With his death the Jordanian art had lost one of its main pillars, who had a significant presence on the local and Arab arenas,” Al-Khateeb said.
Al-Masri was born in Kuwait in 1970, where he attended school. He graduated from the Jordanian Music Academy.
Arab audiences knew him for his role in bedouin-style TV series “Namr bin Edwan” where he played the main role.
He also acted in several Arab TV series in Ramadan 2018, such as “Haroon Al-Rasheed” with Syrian actor Qusay Khouli, and “Amr Waq’ea” with Egyptian actor Kareem Fahmy.


What We Are Reading Today: American Default by Sebastian Edwards

Updated 24 September 2018
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What We Are Reading Today: American Default by Sebastian Edwards

  • In 1933, when in a bid to pull the US out of depression, President Franklin D. Roosevelt depreciated the US dollar in relation to gold, effectively annulling all debt contracts
  • Revaluing the dollar imposed a hefty loss on investors and savers, many of them middle-class American families

JEDDAH: The American economy is strong in large part because nobody believes that America would ever default on its debt. Yet in 1933, Franklin D. Roosevelt did just that, when in a bid to pull the country out of depression, he depreciated the US dollar in relation to gold, effectively annulling all debt contracts. American Default is the story of this forgotten chapter in America’s history.

Sebastian Edwards provides a compelling account of the economic and legal drama that embroiled a nation already reeling from global financial collapse.

It began on April 5, 1933, when FDR ordered Americans to sell all their gold holdings to the government. This was followed by the abandonment of the gold standard, the unilateral and retroactive rewriting of contracts, and the devaluation of the dollar.

Anyone who held public and private debt suddenly saw its value reduced by nearly half, and debtors — including the US government — suddenly owed their creditors far less.

Revaluing the dollar imposed a hefty loss on investors and savers, many of them middle-class American families. The banks fought back, and a bitter battle for gold ensued. In early 1935, the case went to the Supreme Court. 

Edwards describes FDR’s rancorous clashes with conservative Chief Justice Charles Evans Hughes, a confrontation that threatened to finish the New Deal for good— and that led to FDR’s attempt to pack the court in 1937.

At a time when several major economies never approached the brink of default or devaluing or recalling currencies, American Default is a timely account of a little-known yet drastic experiment with these policies, the inevitable backlash, and the ultimate result.