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02:05:26 PM

Monday, 21 May 2012

A 'few failures'

Monday, 21 May 2012

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Dr Hafeez Sheikh, the Federal Finance Minister, while speaking at a pre-budget meeting of the National Assembly Standing Committee on Finance conceded 'a few failures' of the government's economic policies notably poor performance of the power sector, inability to control subsidies (with 86 percent of subsidies according to budgetary data diverted to the power sector) and inability to attract foreign investment which clearly can be attributed to severe energy shortages and continuing law and order problems.

Unnecessary talk of attack on Iran

Monday, 21 May 2012

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Commenting on the Iranian nuclear programme at an Israeli Bar Association meeting the other day, US Ambassador Dan Shapiro said that Washington hoped it will not have to resort to military force "but that doesn't mean that the option is not fully available... the necessary planning has been done to ensure that it's ready." Although on earlier occasions Washington has said all options are on the table, the policy emphasis remains on imposing stringent economic sanctions on Iran and isolating the country, and also to giving diplomacy a chance.

Philanthropy versus micro finance

Saturday, 31 December 2011

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The head of the United Nations High Commissioner on Refugees (UNHCR) mission in Afghanistan Peter Nicklaus acknowledged what he termed 'the biggest mistake' ever made by the entity he serves: "we thought if we gave humanitarian assistance then macro-development would kick in ... it's the income that counts, the livelihood. In very simple terms we need to find jobs for the people coming back."

Nuclear equation for peace in South Asia

Saturday, 31 December 2011

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Whether the glass is half empty or half full, the Pakistan-India talks on conventional and nuclear weapons confidence-building measures (CBMs) held in Islamabad this week failed to offer a clear reply to this question. The two-day expert level talks moved both ways. While it showed clear move in certain areas in some others it copiously projected Indian intransigence by sticking to the status quo.

Call for improving banking services

Friday, 30 December 2011

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Financial institutions of a country play a vital role in its development by channelising national savings into investment. The level of efficiency at which they can play such a role is, therefore, very important for the policymakers of a country, particularly the monetary authorities who are charged with the responsibility of looking after its banking system.

Preparing for the dengue challenge

Friday, 30 December 2011

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Lahore being the hardest hit by a dengue fever epidemic earlier this year, the Lahore Development Authority (LDA) is getting ready for another spell, which is likely to start in the second week of February and last till the first week of April. The other day, the LDA hosted an awareness seminar on "Causes and Prevention of Dengue Fever", where its Director General noted that it is not a disease but a social problem, which can be controlled by involving the community. He advised the people to make use of anti-mosquito sprays in their homes and offices.

Interesting times

Thursday, 29 December 2011

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President Zardari's moves have never been easy to figure out; so is his speech he made at the graveside of Benazir Bhutto before a large crowd that had gathered there to grieve her fourth death anniversary. To some, it is the last hurrah of a man who has decided to go down fighting. "We want to live in history and not in headlines," he declared, committing himself to follow the path of Aung San Suu Kyi. But to many others, President Zardari has tried to bring down the political temperature that had shot up many degrees in the wake of over-heated political scenario in general and the Memogate case in particular.

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Editorials

A 'few failures'

Unnecessary talk of attack on Iran

Philanthropy versus micro finance

Nuclear equation for peace in South Asia

Call for improving banking services

Preparing for the dengue challenge

Interesting times

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