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The Face Value Of Low Interest Rates

The face value of low interest rates

In a rather surprising move the Governor of State Bank of Pakistan (SBP), while announcing the monetary policy at a press conference last weekend, reduced the interest rate to a…

Era Of Strategic Adjustment

Era of strategic adjustment

At a time of shifting global power dynamics, a conference organised by the London-based International Institute for Strategic Studies (IISS) offered an instructive tour d’ horizon of the world’s strategic…

Our Strategic Blind Spot

Our strategic blind spot

Last week leaders of Asian countries held two summit meetings with the participation of some world powers as the continent moves gradually but steadily towards forging new political, security and…

A New Strategic Blueprint

A new strategic blueprint

Pakistan, a product of post-World War II political dynamics, was sucked into the geopolitical whirlpool soon after it was formed. Its strategic imperative after independence was its survival as a…

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…

Privatisation Of Strategic Assets: Guidelines

Privatisation of strategic assets: guidelines

The government has said time and again that it is resorting to privatisation in order to reduce the burden on the national exchequer as these state-owned enterprises (SOEs) are running…

Strategic Misconception

Strategic misconception

I must refer to Sheikh Rashid’s rather blunt enunciation of his philosophy of politics: ‘line and length’, and ‘timing’. Make whatever you can of it, and I don’t know if…

Of US Strategic Allies

Of US strategic allies

The proposer of the phrase "power corrupts; absolute power corrupts absolutely" thought corruption was the gravest sin; what he overlooked though, was that corruption (gift of power) is the off-shoot…

No Convergence Of Interest

No convergence of interest

PRIME MINISTER Nawaz Sharif arrives in Washington next week to meet President Barack Obama and other senior US officials. There has been surprisingly little discussion about the trip in the…

The Strategic Agenda

The strategic agenda

The present flows from the past, and the future will emerge from the present. Syria’s sectarian war: The headline issue today and in the near future is likely to be…