Mubarak Al-Sabah anxiety over possible encroachment by the Great Powers, most notably Britain and Russia into the region due to the construction of the Baghdad Railway. They thought that bestowing the title could dissuade any foreign powers from interfering with Kuwait. "See Anglo-Kuwaiti Agreement of 1899" The long Ottoman indecisiveness in naming Mubarak kaymakam, as well as feelings of vulnerability helped pave the way for Mubarak to pursue British ties. On January 18, 1899 Mubarak signed a secret agreement with Major M.J. Meade, British political resident in Bushire, that guarded Kuwait against any outside foreign aggression. It also required Mubarak and his
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,