Mumbai Under Siege

[source]
Mumbai wakes up to the worst ever morning.
Late last night a band of terrorists consisting of kids as young as 22 in sweat shirts and backpacks executed a well orchestrated attack on of the most most upscale and important localities in South Mumbai.This area houses the state assembly, naval head quaters, a very important research [...]

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Things to Ponder about!

Haven’t been blogging for sometime now, but here are some things that really bother me

Palin and her folksy values about guns, foreign policy and global warming. Palin is becoming more of an issue, not due to her inferior competency but due [...]

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Pakistan: Benazir Bhutto Assasinated

″8:35 a.m. New York time: Pakistan state TV confirms her death.″
A good resource about the entire episode maybe found here
A chronological  list of events in Pakistan  this year that led to this turmoil maybe found here.

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Pakistan: At Christmas Eve

  The recent Emergency fiasco and historically strained relations between India and Pakistan resulted in obvious economic set backs. A recent study by the Indian Council of Research on International Economic Relations indicated a trade potential of a whooping 11.7 billion dollars between just India and Pakistan which needs to be exploited with cited reasons [...]

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Pakistan Loses Commonwealth membership

Finally, the international community has reacted to Gen. Musharaff’s attrocity by suspending Pakistan’s membership from the 53 nation Commonwealth. It is such a pity that the entire nation has to bear the brunt from the wrong doings of one individual.
What does Pakistan stand to lose from this suspension?

Further isolation from the international community
discourages any FDI [...]

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Flower Power

Students in Pakistan in huge numbers came to streets and offered flowers to deposed judges as a way to display their protest against the EMERGENCY.
Not only does it seem that this has been inspired by the Indian Film Lage Raho Munnabhai encouraging Gandhian ways, but I think it is a well orchestrated student protest march [...]

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Pak’s GDP: A World Bank Perspective

Shanta Devarajan, the Chief Economist of the South Asia Region at the World Bank, puts some figures to probate the General’s rhetoric.
 

Since 1999, the Pakistan government has undertaken a series of macroeconomic and structural reforms and Pakistan’s GDP growth rate has accelerated. It has been averaging well over 7 percent a year over the last [...]

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