Anglo-Ottoman Convention of 1913 was to have “complete administrative autonomy.” This region was formed by “a semicircle with the town of Kuwayt in the center, the Khawr al-Zubayr at the northern extremity and al-Qurrayin at the southern extremity” (Article 5). This also included the surrounding islands of Warba and Bubiyan, which were major bargaining points for the British who viewed the Ottoman military posts on the islands as a threat. The green line defined the region in which the Sheikh of Kuwait would exercise the administrative rights of an Ottoman "kaymakam". The tribes situated in that area were “recognized within the dependence of the
Historiography of the fall of the Ottoman Empire in the Balkans hastened the slide into bankruptcy. After negotiations with the European powers, the Public Debt Administration was set up, to which certain revenues were assigned. This arrangement subjected the Ottomans to foreign financial control from which they failed to free themselves, in part because of continued borrowing. In 1914, the Ottoman debt stood at 139.1 million Turkish pounds, and the government was still dependent on European financiers Why had the Ottomans not developed their own financial system in line with London and Paris? It was not for the want of trying. Since the beginning of the 18th century,