US plays old games again

History repeats itself: [quote]The US government has a most convenient dual approach towards states they need but really do not want to see them being strengthened substantively. In such cases, the US President reaches out in “friendship”, hosting the leadership of that state and praising the “ally’s” unstinting support in furthering US policies — often, … Read moreUS plays old games again

No final decision on sending troops to Iraq: Pakistan

CYA: After holding their breath on the Indians for so long, Army HQ heaves a deep sigh of relief, and pushes the matter further away. If the Indians had decided to send troops, Mush would have been in a fine pickle indeed. [quote]ISLAMABAD: Pakistan on Monday said it had not made a final decision against … Read moreNo final decision on sending troops to Iraq: Pakistan

Debt crosses Rs1.7 trillion mark

[quote]ISLAMABAD, July 20: Pakistan’s total outstanding domestic debt has crossed Rs1.787 trillion mark on May 31, 2003, up by about Rs70 billion, from Rs1.718 trillion in June 2002. The rise in debt has taken place despite reduced interest rates and government’s claims that “accumulation of domestic debt has been brought to a stop” through fiscal … Read moreDebt crosses Rs1.7 trillion mark

400MW self-generation denying KESC huge earning

[quote]KARACHI: About 20 per cent of the industrial units in the city do not depend on the power produced by the Karachi Electric Supply Corporation (KESC) and rely on self-generation, certainly due to frequent power disruptions and the ever-rising electricity tariff. ….The city’s overall demand is 1900MW, excluding the self-generated 400MW which is fast becoming … Read more400MW self-generation denying KESC huge earning

Parliamentary censorship?

People wonder why we tolerate a military dictatorship so easily. The following should answer that quite nicely. [quote]The National Assembly secretariat is reported to have started censoring speeches delivered on the floor of the House before incorporating them into the parliamentary record. The main targets currently are said to be leading opposition leaders, who are … Read moreParliamentary censorship?

A canter with the emperor

[quote] The opposition has been counting upon Pervez Musharraf committing a major blunder. Nimble-footed, he has disappointed them for the past three years. It must be terribly frustrating. No wonder, the two fading stars of failed democracy have been shoring up their flagging morale recently by promising themselves an uprising. It is redolent of Lahore … Read moreA canter with the emperor

Pakistan has no aggressive designs: Musharraf

Musharraf can now consider himself a proud graduate of of the school of political speaking. The art of speaking without actually saying anything while promising the world is not easy. Musharraf also seems to have taken an extra credit class in “Saying many good things over and over again which mean exactly nothing but they … Read morePakistan has no aggressive designs: Musharraf

Stock Market Review: Karachi stocks gain 5% as record-breaking rally continues

Last year the Karachi Stock exchange had the highest growth rate in the world. It’s still growing: bq. KARACHI: The Karachi stock market saw a bullish trading week on the back of positive political developments, an improved fertilizer sector outlook as a result of heavy rains, expectations of cash dividends during the upcoming earning season … Read moreStock Market Review: Karachi stocks gain 5% as record-breaking rally continues

Asif Zardari: Regime should decide who is real ruler

All the pundits and other political has beens have been going about this for months now, but when the “jailed spouse”: of an exiled Prime Minister also starts on about it then it means that Musharraf is losing his grip somewhat. Much as the Mush would like to, he’s opened pandora’s box and though he … Read moreAsif Zardari: Regime should decide who is real ruler