It is true Pakistan has been dealing with awful scenarios one after another since 1947, but at some point, the masses must take charge and work toward changing their destiny. Crisis or no crisis, people in Pakistan by now should have perfected, and if not perfected, at least gotten a good grip on how to […]
“It was pride that changed angels into devils; it is humility that makes men as angels.” Saint Augustine According to a report in Dawn, once again, Pakistanis have embarrassed themselves, and ironically enough, their struggling country the other day at Washington Dulles Airport by acting awfully. Bravo. It is unfortunate to note that there has […]
We know that the global banking system is riddled with corruption (‘vulnerable’ to corruption may be more polite), some authored by its own principals, some embraced opportunistically by financial insiders to snatch sudden profits, a great deal ushered into the world’s financial system by bankers in search of the commissions and corporate profits that ‘high net-worth customers’ (in many cases, money launderers) bring in. And sometimes the bad guys exploit legitimate financial service providers. But the question remains, and it turns on the distinction between deregulation and irregularity, between fair play and laissez-faire, between the right of the ‘haves’ to have still more, and the right of the people to real economic protection under the law.
At what point does financial entrepreneurship turn criminal, and how blind an eye is the US prepared to turn toward banking practices that clearly prosper the powerful and imperil the growing ranks of the poor, in the United States and across the world?
NPR takes a road trip along the Grand Trunk Road
In a dramatic departure from the strategic ambiguity that marked past nuclear doctrine, the Obama Administration has announced a new update of U.S. nuclear strategy. In this revision, the U.S. actually publicizes the kinds of attacks that would warrant an American nuclear response and those that would trigger only a conventional military counterattack. As this […]
Countries within the Southern Hemisphere are on the move. This past weekend member states of UNASUR and the African Union met on Margarita Island, Venezuela, in order to strengthen ties between their countries and continents. One of the ideas proposed by President Hugo Chávez, as well as Moammar Gadhafi, of Libya, is an alliance among […]
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