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Time For Introspection

Time for introspection

The history of Pakistan shows that Pakistanis lost the habit of introspecting that makes one regret his failures, jolts his conscience, and triggers a desire to make up for his…

The Forex Challenge

The Forex challenge

Pakistan suffers from two structural deficits of the budget and the current account of the balance of payments. The budget deficit is being financed heavily by the printing of rupee…

Walt Whitman’s Pakistan

Walt Whitman’s Pakistan

In the 1990s a brave new political culture emerged from the bowels of the Bill Clinton political machine. Stan Greenberg, James Carville and Dick Morris helped shape this new culture.…

Tell Us The Whole Truth

Tell us the whole truth

In Islamabad the other day, many political leaders belonging to the PML-N and the PTI and their sidekicks like the Jamaat-e-Islami (JI), journalists and commentators soaked in Islam and Pakistani…

Wrong Taxation Approach

Wrong taxation approach

The system of taxing company incomes that uses net profit as the basis for determining tax liability reduces the incentive to save, and encourages expenditure. The tax authorities are conscious…

Drones And Dirty Politics

Drones and dirty politics

A close friend, who has a flair for the dramatic, told me earlier in the week that he had been having sleepless nights since July 2011. Like Shakespeare’s Polonius, he…

Iran Deal: Regional View

Iran deal: regional view

THE `interim` agreement on Iran`s nuclear programme reached in Geneva two weeks ago was a seminal event in Iran`s relationship with the West and the world. Formidable obstacles remain in…

New Power Balance

New power balance

The months-long suspense was broken last week by the not-so-surprising choice of a dark horse as the country’s new army chief. It was Nawaz Sharif’s way of playing safe and…

The Spin-off Of The Iran Nuclear Deal

The spin-off of the Iran nuclear deal

The interim nuclear deal agreed between Iran and the P5+1 in Geneva a week ago has the potential to become a watershed of historic proportions. It could end not only…

A Safe Exit For Musharraf?

A safe exit for Musharraf?

With the grant of bail to Musharraf on November 4 in the Lal Masjid case, the former military dictator is again a free man after six months of detention at…