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The Urgent Trumps The Important

The urgent trumps the important

A striking aspect of a three-day conference last week in Brussels was the virtual absence of Afghanistan from its agenda and discussions. Not surprisingly, Ukraine dominated the Brussels Forum, convened…

AAP’s Own Gandhi

AAP’s own Gandhi

The news that pacifist-scholar Rajmohan Gandhi, a grandson of Mahatma Gandhi, has joined India’s Aam Aadmi Party (AAP) will further confound political punters. Some of them were already watching the…

Trade – Devil Is In The Detail

Trade – devil is in the detail

Presciently and perhaps a dictum acknowledged by most economic pundits in private gatherings, continuing long-term deficits will eventually and most definitely lead to a financial crisis, at which point the…

The Flagless National Flag Carrier

The flagless national flag carrier

One of the things we expect a PML-N government to be able to do much better than a PPP government is manage corporations. PIA is a high-profile, low-hanging fruit. Its…

Poverty, Politics And Riches

Poverty, politics and riches

In January every year, the elite almost from every walk of life – politics, business, academia, multilateral institutions, and philanthropy – gather in the Swiss village Davos for deliberations on…

A Strategic Dialogue That Isn’t

A strategic dialogue that isn’t

Last week’s meeting in Washington between Sartaj Aziz and Kerry marked a resumption of the bilateral ministerial-level strategic dialogue after a three-year interruption. It took place in the shadow of…

Positive Signs, Are They?

Positive signs, are they?

Recent developments suggest that global political leadership has finally accepted the economic disparities that now engulf this planet. Frustrated by legislators' inaction throughout 2013 over the rising income disparity all…

Investors Distinguish EM Credit From FX Risks

Investors distinguish EM credit from FX risks

The emerging markets currencies sell-off has intensified this week but not every asset class is in a doom-and-gloom scenario. In the emerging bond markets at least, investors are taking a…

Fatca Is Here! Part- I

Fatca is here! Part- I

The US government is going around the world to find and catch US citizens and green card holders who earn income and accumulate wealth outside the country. The Americans are…

Economic Apartheid

Economic apartheid

Inequality is rising in Pakistan in all its unsavoury dimensions. While we may have had a less-unequal society, in relative terms, for much of our existence, that sliver of solace…