Daily Archives: June 2, 2009


The price of micro-finance —Syed Mohammad Ali

The high intermediation costs for a typical microfinance provider seem justifiable. Microfinance providers can however use other existing infrastructures or technologies to significantly lessen these operational costs Since the creation of the Grameen Bank in Bangladesh, the use of micro-finance to alleviate poverty has gained recognition and support around the […]


Transmitter chip latest CIA weapon in Pakistan 1

·         CIA pays tribesmen to plant devices that guide drones to Al Qaeda, Taliban shelters LAHORE: The CIA is giving Pakistani tribesmen electronic transmitters to help it target and kill Al Qaeda leaders, a tactic it suggests Pakistani military can also use. Over the last 18 months, US officials claim, […]