Tag: daily editorials
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06 August 2022: Economic restructuring
EVER SINCE he was given the toughest possible task of removing Pakistan from the path of economic collapse, Finance Minister Miftah Ismail has had to walk a tightrope. Nearly four months later, he can take credit for staving off the danger of default — at least for now — by avoiding the potholes. In return,…
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Current Affair: Dron Attack
Al-Qaeda leader Ayman al-Zawahiri killed in US drone strike US President Joe Biden says ‘justice has been delivered’ after al-Qaeda leader located and killed in Kabul, Afghanistan. Al-Qaeda leader Ayman al-Zawahiri has been killed in a CIA drone strike in Afghanistan’s capital, Kabul, United States President Joe Biden has said. Al-Zawahiri was killed on Sunday…
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04 August 2022: Unnecessary visit
CONSIDERING the combustible state of Sino-American relations, it was hoped that US House Speaker Nancy Pelosi would put off her visit to Taiwan. However, the seasoned American politician chose optics over rationality, landing on the island on Tuesday and meeting the Taiwanese president a day later before jetting out of Taipei to complete her Asian…
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04 August 2022: Improving fundamentals
DRIVEN mainly by a drastic reduction in the import bill, the sharp month-on-month decline of 47.8pc in July’s burgeoning trade deficit appears to have cheered up the country’s gloomy currency and stock markets. The home currency recorded its highest single-day gain of 4.2pc since 1999 as the rupee strengthened to 228.8 to a dollar in…
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04 August 2022: To ban or not to ban?
THE ruling parties must take a pause before making a firm decision about where the political process will go after the PTI prohibited funding verdict. Already, the call for blood is ringing shrill and loud, pushing them towards a mistake that has been repeated too many times in our history. The PTI must indeed be…
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03 August 2022: Zawahiri’s end
AYMAN al-Zawahiri, who was reportedly eliminated by an American drone strike in a quiet Kabul neighbourhood early Sunday morning, was one of the most recognisable faces in the world of transnational jihadism. Yet the Al Qaeda Zawahiri led after his boss Osama bin Laden’s killing had lost much of its bite, and had been superseded…
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03 August 2022: Out of reach
FOR the vast majority of the country, it is getting progressively more difficult to live within their household budget while runaway inflation erodes real incomes and piles extreme pressure on middle- and low-income groups. With inflation surging to 24.9pc in July — the highest it has been in over 14 years — survival is rapidly…
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03, August 2022: ECP’s damning judgement
ARE we witnessing the fall of Icarus, the figure from Greek mythology who flew too close to the sun and perished? The ECP verdict announced yesterday on the foreign funding case leaves former prime minister Imran Khan — and his political party — confronting what is arguably his most serious challenge to date. At the…
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31 July 2022: Funding disclosures
THE PTI’s foreign funding headache is back to haunt it. Journalist Simon Clark, who also authored The Key Man, a book that uncovered the allegedly illicit dealings of beleaguered business tycoon Arif Naqvi, has recently published in the Financial Times an account of how funds collected from foreign companies and individuals through charity cricket matches…
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30 July 2022: Test defeat
It was a case of speaking to soon. With his side still 419 runs away from an improbable victory target of 508 in the second Test against Sri Lanka, Pakistan’s batting coach Mohammad Yousuf claimed his players were feeling no pressure. Yousuf was drawing on the fact that his side, riding on a sensational 160…
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