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A Vietnam “Solution” to the Afghanistan War?

A Vietnam “Solution” to the Afghanistan War?

The January 1973 agreement between North Vietnam and the United States can be applied to the present, stalemated situation in Afghanistan. It was in 2010 that United States President Barack Obama  told an interviewer that he could easily imagine a situation in which “we ended up staying in Afghanistan for another five years, another eight years, another ten years. And …

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FATF challenge

FATF challenge

The Financial Action Task Force (FATF) has officially put Pakistan on its ‘grey list’ with a hope that it would enforce its plan to tighten its anti-terror financing laws in coming months to get off the list. The country runs the risk of landing in the FATF’s blacklist if fails to enforce the plan of action. According to the FATF, …

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Perilous waters

Perilous waters

No one doubts that Pakistan is facing a water crisis. We are already a water-insecure country and as the global climate change takes its toll the problem will only become worse. Where there is disagreement is on the political question of how best to manage our water resources. The Supreme Court is now weighing in on the matter of constructing …

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West’s Failure to Reform Threatens World Order

West’s Failure to Reform Threatens World Order

China and Russia take advantage of economic crises, weak governance and populism to challenge US-led international order LONDON: Two years ago, China and Russia issued a joint declaration with the aim of throwing out an open challenge to the current US-led world order. Coming after Moscow’s annexation of Crimea and a court ruling against Beijing’s claim to the South China …

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Economy set to face tougher challenges in FY19

Economy set to face tougher challenges in FY19

KARACHI: Pakistan’s economy received multiple jolts during fiscal year 2018 and almost all economic indicators worsened. However, the issue is that the worst time has yet to come. The economy is faced with new and bigger challenges in fiscal year 2019. The economy took off with Gross Domestic Product (GDP) being declared at a decade high level of 5.3% in …

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Amnesty, the scheme for now

Amnesty, the scheme for now

The latest amnesty scheme has only one purpose — the economy has a huge hole in its trade and current accounts that has to be plugged somehow If past is any guide, the ordinances promulgated on April 8, 2018 to give effect to the latest edition of a long list of tax amnesties should meet the same fate – failure. …

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The Human Cost of Climate Change

The Human Cost of Climate Change

Home is a place of stability and security. It is a place where families come together to work towards and celebrate mutual prosperity. But as the human and economic toll of climate change continues to rise, we face legitimate risk of this sense of home being uprooted. Last year, devastating floods in South Asia took over 1,200 lives and affected …

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Economic crisis management

Economic crisis management

DO forgive the people of this country if they cannot make sense of our present economic predicament. On one hand, they are told repeatedly (and correctly) that the economy has started reaping the benefits of CPEC — the ‘game changer’ — in the form of significantly reduced load-shedding, an upturn in investment and a not unimpressive recovery in economic growth. …

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A Warming World Creates Desperate People

A Warming World Creates Desperate People

Last year I traveled to southern Guatemala, the source of one of the largest migrations of unauthorized immigrants to the United States in recent years. It’s clear why people are leaving: Guatemala is a country rife with political conflict, endemic racism against indigenous people, poverty and, increasingly, gang violence. But there’s another, lesser-known dimension to this migration. Drought and rising …

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FATF: one shade of grey; 50 explanations & excuses

FATF: one shade of grey; 50 explanations & excuses

As the interim finance minister and her team left for Paris to present Pakistan’s case before the FATF plenary, the bank accounts of a notorious fourth scheduler were being unfrozen and he was otherwise preparing to join mainstream political processes. Months of hard work on the part of Pakistan’s government and banking institutions, as well as legitimate non-state actors, have …

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