September 2008

By Nasir Jamal

The financial markets in the United States are in a turmoil of historic proportions, most serious since the Great Depression. The crisis triggered by sub-prime mortgage debts and the unprecedented state intervention to stem the deepening trouble in the financial markets are being viewed by many as the beginning of the end of the American financial capitalism, at least as we have known it until a few days ago.
Read More »Global financial turmoil and Pakistan

By Afshan Subohi

Mr Badruddin, 70, an ex serviceman, struggled not to lean on a person sitting next to him as he adjusted himself on his chair. Neatly dressed, the senior citizen looked nervous, holding his leather pouch tight. He told Dawn that he was trying to avoid going to the rest room as he was expecting his name call and did not want to miss it.Read More »Ordeal at Pakistan national savings centers

By Engr Hussain Ahmad Siddiqui

The National Energy Security Plan 2005-2030 envisaged development of renewable energy, with focus on wind-power, to achieve, from almost zero to a five per cent share in national power generation mix by 2025. However, the ground realities do not raise any such hopes.Read More »Wind energy in Pakistan: targets missed