Daddy calls belligerent Son back

Prime Minister Yousaf Raza Gilani told his son Ali Musa Gilani on Wednesday to return home “immediately” and take part in the ephedrine case investigation, Express News reported.

The premier’s son received his first clean chit from a parliamentary committee in the drug quota scandal earlier on Wednesday.

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Long-term inflation expected

The economic observers foresee big distortions in long-term inflationary outlook as monetary expansion in the poverty-stricken country grows beyond 8 percent, far higher than the current pace of GDP growth. The central bank reported Tuesday that monetary expansion in the country grew to 8.6 percent during July-April 6 (FY12) compared to 8.92 percent of corresponding . . . → Read More: Long-term inflation expected

Zaid Hamid’s Ridiculous Crusade against SAFMA

Two statements have been circulating in my head for the last few days. The first one is by George Orwell:

In a time of universal deceit – telling the truth is a revolutionary act.

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Why Pakistan has the lowest savings in the region?

With interest rates in Pakistan consistently hovering above 10 per cent for the last five years, one would expect the masses to be encouraged enough to save and reap benefits of higher returns.

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PHC orders investigation into Bannu jailbreak

Taking notice of the Bannu jailbreak and the subsequent escape of a large number of prisoners, the Peshawar High Court chief justice on Monday ordered a judicial inquiry into the incident.

Justice Dost Mohammed Khan constituted a two-member committee and asked it to submit its findings in three days.

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Income disparity in US

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