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Pentagon Losing Control of Bombs to China’s Monopoly

Posted on Sep 30, 2010

Wire: BLOOMBERG News Peter Robison and Gopal Ratnam Sept. 30 (Bloomberg) — A senior manager at a company that churns out metals routinely used in U.S. smart bombs pauses in mid-sentence when his phone rings: a Wall Street stockbroker looking for information. He makes a note to have an assistant call back — someone who is fluent in English, not just Chinese. “It’s a seller’s market now,” says Bai Baosheng, 43, puffing a...

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The Idiots at the Wall Street Journal

Posted on Sep 30, 2010

The Wall Street Journal is reputed for its coverage of markets, business, and economy. But it is also a conservative paper and in terms of political orientation, not much more than a mouthpiece of the Washington establishment. Mr. Bret Stephens is the deputy editor of its editorial page (International) and its foreign affairs columnist. On June 8, 2010, he wrote a column ‘Israel and its Liberal Friends”. While referring to the...

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Obama: ‘We need to make clear to people that the cancer is in Pakistan’
Sep29

Obama: ‘We need to make clear to people that the cancer is in Pakistan’

Posted on Sep 29, 2010

The following article by Bob Woodward was published today in the Washington Post. It is a combination of  insights into Obama administration’s thinking, carefully- fed selected information and spin by the top U.S. officials. What Mr. Woodward’s ultimately delivers is the US establishment view and therefore hardly an objective or independent one. Therefore, it would be naive to take it on the face value.  Intelligent...

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Generals in Pakistan Push for Shake-Up of Government
Sep29

Generals in Pakistan Push for Shake-Up of Government

Posted on Sep 29, 2010

By JANE PERLEZ ISLAMABAD, Pakistan — The Pakistani military, angered by the inept handling of the country’s devastating floods and alarmed by a collapse of the economy, is pushing for a shake-up of the elected government, and in the longer term, even the removal of President Asif Ali Zardari and his top lieutenants. The military, preoccupied by a war against militants and reluctant to assume direct responsibility for the economic...

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Pakistan Floods Destroyed $3.27 Billion in Rice, Cotton, Sugar Production

Posted on Sep 28, 2010

From Bloomberg By James Rupert and Khaleeq Ahmed Pakistan’s deadliest floods ruined crops worth 281.6 billion rupees ($3.27 billion), destroying rice, cotton and sugar, said Farm Minister Nazar Muhammad Gondal. The country lost 2.39 million metric tons of rice and 10.4 million tons of standing sugar cane, the minister said in an interview today in Islamabad. The nation may also import 2.8 million bales of cotton, he said. By ripping...

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Central Banks in International Currency War
Sep28

Central Banks in International Currency War

Posted on Sep 28, 2010

From the Wall Street Journal Chris Ratcliffe/Bloomberg News No politician ever uttered more honest words than Guido Mantega, Brazil’s finance minister, when he argued central banks were engaged in an “international currency war.” Every country is trying to export its way out of trouble. And the chosen road to net exports is–largely–through devaluation. Both the U.S. and the U.K. have used quantitative easing to that end. Japan has...

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No method to the madness

Posted on Sep 26, 2010

The Express Tribune published an edited version on Sept. 29, 2010 Dr. Aafia Siddiqui may or may not have lost her sanity due to torture but is there an end to the madness of American military misadventures that have destroyed hundreds of thousands of homes of innocent civilians? Think about this…. More than one trillion dollars and nine years later the alleged and self-confessed master mind of 9/11, Khalid Sheikh Mohammed has...

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China in $15 billion Ghana Deals
Sep24

China in $15 billion Ghana Deals

Posted on Sep 24, 2010

From the Wall Street Journal By WILL CONNORS Ghana and China signed project loans and another deal together totaling $15 billion, the latest in a string of Chinese investments on the continent. The loans, coinciding with a six-day Beijing visit by the West African nation’s president, John Atta Mills, highlight China’s strong interest in resource-rich African countries such as Ghana. Ghana is preparing to tap massive oil...

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Pakistanis’ bashing should stop
Sep23

Pakistanis’ bashing should stop

Posted on Sep 23, 2010

That Pakistan faces huge issues is an understatement. It is a failing state, probably. Corruption and bad governance are chronic issues, yes. But does it all justify the demonization of Pakistanis as people? Absolutely not. I have never been a “patriot” in the chauvinistic way. As a student activist, I opposed that demented hypocrite Ziaul Haq and have always believed Army’s rule to be Pakistan’s no. 1 problem....

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Imran Farooq: who would have him killed and why?
Sep17

Imran Farooq: who would have him killed and why?

Posted on Sep 17, 2010

The Guardian, Vikram Dodd and David Batty Police at the scene in Green Lane, Edgware, north London, where Dr Imran Farooq – a leading member of the MQM – was found with head injuries and stab wounds. Photograph: Fiona Hanson/PA Scotland Yard has launched a murder inquiry after a senior Pakistani politician was found dead outside his London home. Imran Farooq was a co-founder of the Muttahida Quami Movement (MQM) party. He...

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Pakistan a ‘slow burn’ disaster of horrendous proportions
Sep16

Pakistan a ‘slow burn’ disaster of horrendous proportions

Posted on Sep 16, 2010

  Reproduced by the Business Recorder Sep. 18, 2010 According to Radio Australia and ABC Online (Australian TV), a day after being sworn in as the Australian foreign minister, Kevin Rudd, is already abroad, heading for the United States – via Pakistan – where he says the threat of water born diseases from the calamitous floods has to be dealt with urgently.Mr Rudd says Pakistan is a ‘slow burn humanitarian...

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What we wrote three years ago: 9/11, Afghanistan and Pakistan

Posted on Sep 11, 2010

The War on Terror – America’s ‘Great Game’, and Pakistan’s ‘Extremists’ Card October 25, 2006, revised October 30, 2007 To...

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The Loss of Hope
Sep11

The Loss of Hope

Posted on Sep 11, 2010

6 Million Pakistani Children Face Starvation or Death As the Nation Observes Eid Reproduced by Business Recorder Sep. 14, 2010 An email from a friend back home says: “Things in the country are so dreadful these days and people so devoid of any hope that it is not just depressing but truly frightening. I honestly feel we are a tolerant nation. Look at what we put up with ? But it seems that maybe more than just the barrages are...

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Street Battles Continue in Kashmir on Eid-Eve

Posted on Sep 11, 2010

From Kashmir Observer  Srinagar, Sep 10, 2010:  Violence flared up in the old city after Friday prayers today when government forces targeted a separatist procession with tear gas, while the southern township of Tral shut down after the police and the paramilitary personnel came down violently upon marchers, even as hectic Eid-eve activity was witnessed in Kashmir elsewhere.Street battles between protestors and marchers broke out near...

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