January 2009

Tension less, alienation more-By Kuldip Nayar

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A 47-YEAR-OLD woman, Amita Uddaiya, has disclosed that she was flown out from Mumbai to the US for questioning by ‘white men’.

Two days later, she was flown back and was asked to say that she had gone to Satara, a place not very far from Mumbai. Amita had seen six terrorists arriving in the fishermen colony on the seaside. They were part of a group of 10 who attacked Mumbai.
Read More »Tension less, alienation more-By Kuldip Nayar

Democracy in Muslim world-By Ayesha Siddiqa

Is Islam antithetical to democracy and vice versa is a question that seems to have generated a lot of debate inside and outside the Muslim world.

On this issue opinions are clearly divided between some of the western scholars and media gurus and their counterparts in the Muslim world. In fact, the entire debate has become so confusing that it has blurred reality.
Read More »Democracy in Muslim world-By Ayesha Siddiqa

The sum of all expectations —Mahmud Sipra

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If Pakistan decides to play ball for its own good, fine, but if it continues to believe that it is the only conduit for supplies to US troops embedded in Afghanistan, a rethink in Islamabad might well be in order

Years ago, a young and talented singer called Billy Joel came up with a hit song that became almost an anthem. It was titled: “We didn’t start the fire”. It hit the high notes with a compendium of events that had shaped the world before us and of the brash and bold world of our times then.
Read More »The sum of all expectations —Mahmud Sipra

Pakistani Auto assemblers push up prices as sales drop

 

By Hina Mahgul Rind

KARACHI: Continuous price hike of local automobiles since 2006 has put new cars out of range of middle-income groups.

According to the latest data released by Pakistan Automotive Manufacturing Association (PAMA) cumulative auto sales (cars + LCVs) depicting a fall of 40 per cent year on year and on a month on month basis, the scenario was more depressing as unit sales declined by 55 per cent.Read More »Pakistani Auto assemblers push up prices as sales drop

Angioplasty via wrist may be safer

The best way of accessing and treating ailing hearts with angioplasty may be through the wrist, a US study finds.

The catheterisation technique reduces risk, bleeding, cost and patient recovery time when treating blocked arteries, researchers said.

Each year, about one million Americans undergo angioplasty to open blocked arteries. The most common approach involves making an incision in the groin (at the top of the leg) and inserting a catheter (thin tube) that’s advanced through the femoral artery to the site of the blockage. A tiny balloon is inflated to open the blocked artery and, in many cases, a stent is left behind to keep the artery open. Read More »Angioplasty via wrist may be safer

Cold-starting Pakistan- Ikram Sehgal

“Cold Start” is the Indian military doctrine meant to allow rapid deployment Special Forces units “to strike Pakistan within hours of any terrorist attack on Indian soil. It assumes that militants from Pakistan, and not home grown Indian radicals, are responsible for any actions”. Such a rapid response would not allow time for diplomacy, Stephen Cohen, who helped India in the formulation process, maintains “cold start” was developed with the help of external strategists, borrowing heavily from Israeli tactics, notably from the 1967 Arab-Israeli War.
Read More »Cold-starting Pakistan- Ikram Sehgal

‘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