January 21, 2009

‘Sweden offers far more opportunities to students’

* Sweden’s parliament also relaxes labour immigration rules

By Nauman Tasleem

LAHORE: The Swedish government welcomes students and offers them a lot of opportunities, said Nawal Atmé, Swedish Embassy first secretary to migration attaché in Pakistan.

Talking to Daily Times, she said education in Sweden was free and students had to only pay their boarding and lodging expenses.Read More »‘Sweden offers far more opportunities to students’

‘India likely to face more Mumbai-style attacks’

 

* RAND Corporation releases report titled ‘The Lessons of Mumbai’, says attacks likely to inspire more terrorists
* Says attacks targetted people and facilities with ‘emotional, political value’

The Mumbai attacks suggest the possibility of an escalating terrorist campaign in South Asia, and “India can expect more attacks with high body counts and symbolic targets”, a study by the RAND Corporation – a leading US think-tank – has predicted. Read More »‘India likely to face more Mumbai-style attacks’

Financial crises and the meltdown of national economies

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A free market economy, is the other name for the American brand of capitalism, it is at cross roads for the legitimacy for the economic power because of the global financial crises which have roots in collapsing the investment banks. These banks, during low inflation and low interest rate periods between the years of 2002 and 2007 looked for new ways to make double-digit returns to boost their profits to record highs, through the spliced and diced securities of many entities that are at the heart of current crises. Read More »Financial crises and the meltdown of national economies

International monetary system, globalisation and developing countries

In reality the leading monetary powers had not reformed the system of international
monetary management; they merely codified the prevailing non-system

Just as any national economy needs generally accepted money to serve as a medium of exchange, unit of account and standard of value, so the international economy requires an accepted means for trade, payments and services. Unlike the national economies, however, the international economy lacks a central government that can issue currency and regulate its use. Historically, this problem has been resolved through the use of gold and national currencies; gold was used to back currencies and settle international accounts. Read More »International monetary system, globalisation and developing countries

Oil, Obama and Pakistan-Ahmed Quraishi

Islamabad, Pakistan–Publicly, America’s most immediate challenges after the government change are Afghanistan and Pakistan. Privately, in Washington’s power corridors, it is oil.

Oil, and not al Qaeda, is threatening to knock America off global leadership. President Obama takes over a country whose global economic leadership is threatened by dwindling oil reserves and a dogfight over whatever remains.Read More »Oil, Obama and Pakistan-Ahmed Quraishi

Pakistani IT research paper gets top award in India

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Islamabad

Amid the growing tension between Pakistan and India, a Pakistani research paper has received the ‘Best Paper Award’ at the 2nd International Conference on Internet Multimedia Services, Architecture and Applications ( IMSAA-08 ) held in Bangalore, India.

The research paper titled ‘A Comparative Study of Anomaly Detection Algorithms for Detection of SIP Flooding in IMS’ was co-authored by M Ali Akbar, Zeeshan Tariq and Muddassar Farooq of NexGinrc FAST-NU. Read More »Pakistani IT research paper gets top award in India