Give Musharraf a second chance

Over the last five years,one question that has remained of integral significance amongst political contentions has been; was former military chief Pervez Musharraf better than this current ‘battered but not shattered’ democracy?

You can easily find a group of people who believe that his ‘martially-democratic’ epoch from 1999 to 2008 was better than the current democracy we . . . →Read More:Give Musharraf a second chance

IMF likely to question Pakistan’s high defence budget in future deals

By Shahbaz Rana

Pakistan’s defence budget will come under scrutiny in any future arrangement with the International Monetary Fund,as it will be difficult for the IMF to present a case in its board where defence spending is higher than development expenses,says a former IMF official.

. . . →Read More:IMF likely to question Pakistan’s high defence budget in future deals

Pakistan’s low economic growth leaves 1.3 million people jobless

Pakistan’s economy grew by 3.2%,which is much below the official target and the required growth rate,leaving at least 1.3 million people jobless this year.

“According to a provisional assessment,gross domestic product (GDP) grew by 3.2% in the financial year 2011-12 ending June 30,” said Sohail Ahmad,Secretary of Statistics Division,after chairing . . . →Read More:Pakistan’s low economic growth leaves 1.3 million people jobless

Psychological Profile of Dominique Strauss-Kahn

It is a crazy story,one that could have only happened to him:Dominique Strauss-Kahn,former head of the International Monetary Fund,whose multiple talents offered the chance to achieve the loftiest goals — yet who was capable of sacrificing it all for the most trivial of pleasures.

. . . →Read More:Psychological Profile of Dominique Strauss-Kahn

Afghan Central Bank Chief Flees to U.S. and Quits Post

KABUL—Afghanistan’s central bank governor has left for the U.S. and isn’t expected to return because he fears for his safety after investigating fraud allegations at the country’s largest lender,according to two Western officials.

Bank Governor Abdul Qadir Fitrat left Kabul for the U.S. about 10 days ago,one of these people said. Last year . . . →Read More:Afghan Central Bank Chief Flees to U.S. and Quits Post

Two New York City Police Officers Acquitted of Rape

A jury acquitted two New York police officers on Thursday of charges that they raped a drunken woman after helping her into her apartment while on patrol.

The woman had described snippets of a harrowing night in which the officers,called to help her because she was extremely intoxicated,instead abused her. They insisted no . . . →Read More:Two New York City Police Officers Acquitted of Rape