Morals, manners and ethics
Ethics may also be defined as knowledge and relationships, especially those dealing with mutual social relations that are considered to be morally acceptable or not. In Markham’s words (see Part…
Countering the terror threat
Consider the theatrics of the absurd by some political clerics at the killing of the terrorist responsible for slaughtering thousands of innocent Pakistanis. It is sad that the fundamentally moderate…
Drones, wounds and privilege
S. Akbar Zaidi’s recent article in these pages (November 8, 2013) on my film, ‘Wounds of Waziristan’, is replete with ad hominem attacks. He misrepresents what he does know, makes…
Deflation threat in Europe may prompt investment rethink
The threat of deflation in the eurozone could reverse a major investment trend of 2013, drawing funds out of stocks and into government bonds and cash. Europe is still some…
Fiddling with the economy
That the bureaucrat lack imagination has been a given with us in the country. If the bureaucracy is weak in the head that is mentally capable of performing for this…
Further increase in next review highly probable
The central bank surprised the market yesterday by lower-than-expected increase of 50 basis points in the discount rate. This means one can expect a further hike in the upcoming reviews,…
US growth to get only mild lift from gasoline price drop
US gasoline prices may be falling at a fast clip and easing the burden for cash-strapped households, but don't expect a significant boost to economic growth this quarter. Prices at…
Moving past the crisis metric
The question has become rhetorical: given Pakistan's abundant manpower and natural resources, bilateral donors and the IMF over the years, why has the country not been able to build a…
The ongoing slide
The IMF review team headed by Jeffrey Franks is satisfied with Pakistan's performance in the first quarter following IMF's sanction of its Extended Fund Facility (EFF) and its verdict is…
Inflation: up and up!
Bringing inflation down has never been taken as a serious economic challenge by Pakistani governments. Not because inflation is under control and the rupee erosion, both domestically and internationally, is…
