December 10, 2008

Will the terrorists succeed? By Rahul Singh

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AFTER the recent terror attack on Mumbai, India and Pakistan are hurtling towards a precipice.

They must stop before it is too late, before attitudes harden and there is no going back.

Accusations and counter-accusations are being flung, and the atmosphere gets murkier by the hour. The terrorists came from Pakistan by sea and were trained and indoctrinated in Pakistan, says New Delhi. Give us proof that they are Pakistani and where the training camps are and we will take necessary action, says Islamabad.Read More »Will the terrorists succeed? By Rahul Singh

Providing a stimulus-By Shahid Javed Burki

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THERE can be debate among economists on many issues. It is a discipline that is less rigorous than the physical sciences where laws are established based on logic and experimentation.

That notwithstanding, there is a consensus on certain things. There is no contention about the relationship economists have long postulated between supply, demand and price. If demand exceeds supply, prices go up; the reverse happens if supply outstrips demand.Read More »Providing a stimulus-By Shahid Javed Burki

Pakistan’s economy needs new direction

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The article is aimed at addressing serious economic problems of balance of payment deficit and depleting foreign exchange reserves by buying foreign exchange from overseas Pakistani workers rather than accumulating foreign loans on tough terms. Cost of this purchase is far less than the interest paid on foreign loans and involves no repayment of principal.

  Read More »Pakistan’s economy needs new direction