As the central character of memogate saga, Manoor Ijaz, despite repeated security assurances clearly refused to come to Pakistan, the government Thursday strongly opposed the proposal of the judicial commission to visit abroad to record his statement. Attorney General Maulvi Anwar ul Haq said the judicial commission should not travel abroad to record the statement […]
Feb 10 2012 | Posted in
National,
Pakistan |
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The main reason why the 2008 upheaval occurred was loosely monitored banking sector that showed profits and profits, nothing else, however; in reality the Enron crisis was in the making. The same happened in Europe. However, the US government and the international community for that matter needs to create units which can oversee the operation […]
Jan 3 2012 | Posted in
Business |
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More aching is the failing economy of China. During the 2008 episode, the Chinese government issue a $630 Billion easing package to the business sector, like the US, but the industry managed to get out of the crisis, unlike the US. However, the issue that remained un addressed was the encouragement of domestic consumption. The […]
Jan 3 2012 | Posted in
Business |
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The reason why the European economy ended in a free fall, yet again was the lack of any long-term financial tools. The free flow of the money from European Central Bank to the commercial and investment ones without a proper check and balance resulted in a gargantuan pile of debt that looked unacceptable in the […]
Jan 3 2012 | Posted in
Business |
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Asma Jehangir and Supreme Court The Judicial Commission constituted on Supreme Court’s verdict in the memogate case has made an unsavory beginning. Two key characters in the gruesome episode of that shook the national politics; ISI Director Lt. Gen Ahmed Shuja Pasha and former ambassador to the US Hussain Haqqani were conspicuous by their absence […]
Jan 3 2012 | Posted in
Opinion,
Pakistan |
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