From 2003 to 2017, the Effective Federal Funds Rate (EFFR) dropped by 36% while gold rose 169%, and dollar purchasing power reflects this low-rate environment.
From 2003 to 2017, the Effective Federal Funds Rate (EFFR) dropped by 36% while gold rose 169%, and dollar purchasing power reflects this low-rate environment.
Global warming has heightened the probability of catastrophic natural disasters, challenging the risk management capability of governments.
Can public private partnership provide a solution for the financing of energy infrastructure projects, at a time when Iran is facing declining revenues as a result of years of crippling sanctions?
This marks the first time in Pakistan’s history a civilian government has completed its full term and will transition power to a new civilian government, Pakistani elections this Saturday are complete with hope, democratic fervor and anticipation. Here is a guide to who’s running, and what each party stands for. The Businessman: Nawaz Sharif Party: […]
The somewhat plodding resolution of the Raymond Davis affair last week was good news. Strategic and coordinative relations between the U.S and Pakistan were on the mend. But the recent drone attack that killed nearly 40 people has cut short that much needed re-engagement and amity. Relations have deteriorated so much so that Islamabad […]
The recent tragic assassination of Salmaan Taseer, the Governor of Punjab, must give pause to anyone concerned about the security and stability of the liberal and equalizing views of the government and state of Pakistan. What actually happened here? And why does what happened matter to anyone outside of political Pakistan? The New York Times […]
The next wave of casualties stemming for the recent flood in Pakistan will sweep along the public health disaster waiting just beyond this hour, today. The 20 million affected by the massive, surging, nearly country-wide flood are now optioning across a ready-made menu of likely epidemics. At least one individual has been diagnosed a victim […]
Monday April 19, 2010 – President Zardari made history by signing the landmark constitutional reforms amendment bill into law. Zardari – after taking office 18 months ago – pledged to reform the constitution. He promised that all the anomalies that were created by the dictators to protect their powers will be removed from the constitution. After this amendment the […]
Nawaz Sharif present flowers to Justice Khawaja – daylife Saturday February 13 – The Chief Justice of Pakistan defied Presidential orders through a suo moto action against the Presidential notification for appointment of certain judges. Chief Justice, in a rare nightly emergency session, formed a three members bench that suspended two recommendations for judges’ appointment […]
Two years ago – February 2008 – Pakistan began its transformation to democracy with a general election that brought Benazir Bhutto’s PPP (Pakistan People’s Party) into power. The party decided to continue its policy, introduced by its slain leader Ms. Bhutto, of reconciliation with all political players. It formed a coalition government with its rival […]
I have been studying, talking about, discussing, speaking about and writing about Pakistani politics for about 20 years and I have to admit that I still don’t have a clue about who runs the show in Pakistan. However, now, I have started to understand why almost every Pakistani is obsessed with the role of intelligence […]
According to a report in Dawn, Pakistan government has lost billions in revenue because of the chaos that was caused by rain in Karachi. This is not good news. There is no question that this rain in Karachi broke all records, at least for the last 30 years, but the response from those who were […]
In an excellent piece in Daily Times, the writer deplored the conspiracy theorists in Pakistan claiming that the US is working on re-drawing the map of Asia, and there is no room for Pakistan in this ‘new map’. The writer correctly pointed out that this type of hysterical notions have been claiming that Pakistan is […]
I am not a fan of Asif Zardari, but I have to give him credit for swallowing his ego, yet again, and going to meet Nawaz Sharif at Sharif’s residence. Given Pakistan’s awful economical and political situation, I do admire Zardari’s commitment to finding common ground with as many political parties as possible to keep […]
The good thing is that Prime Minster Gilani has called all the major political parties to share the outcome of this meeting with Indian Prime Minister. This is a wonderful development in a country where everything is slowly sliding back towards stone age. I am sure that my readers would be surprised to read that […]