Stories about IMF

With US sanctions lifted, can Iran become the next economic superpower in the Middle East?

The 61 years of diplomatic relations between Iran and the United States have almost always been problematic. Iran’s mistrust dates back to the joint US-British intelligence design of 1953, aimed at overthrowing Prime Minister Mohammad Mossadeq, whose goal to liberate Iran’s oil industry from British colonial rule delivered a death blow to Western economic interests. The Iranian Revolution of 1979 spurred nearly a decade of hostile anti-American sentiment, and since 1995, the United States has placed various sanctions to restrict Iran from practicing economic, scientific and military trade with major global powers. Since 2006, the United States and Israel have ...

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Making sense of terror attacks anthropologically

On the evening of November 13, 2015, Paris suffered the worst terrorist attack in modern European history, killing over 120 people. The scale and sheer barbarity of the attacks is unprecedented. The French society is in trauma. The world is in shock. Paris, still reeling from the aftermath of the deadly Charlie Hebdo attack earlier this year, will no longer be the same city. From holding vigils to changing Facebook display pictures in French flag colours, the attacks have prompted an exceptional display of solidarity with the victims by the global community. The western leaders have been quick in showing support for Paris, calling it ...

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Why Pakistan will soon become a water scarce country

Pakistan is almost water scarce today, with an alarming rate of 1,017 cubic meters water available per capita annually, which is dangerously close to 1,000 cubic meters, the threshold of water scarcity. Unfortunately, Pakistan has failed over the past years when it comes to improving water governance and taking corrective measures for saving the rapidly worsening water situation. Water governance mechanics in Pakistan are loose, out-dated, and inefficient. The federal government has not been able to reach a consensus for decades on the topic of building large dams. Similarly, Pakistan has also failed on diplomatic fronts, it has not been able to persuade or deter India from ...

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India’s nuclear program was aimed at China, not Pakistan

August 6, 1945 started as a normal Monday morning in the bustling city of Hiroshima, with people going about their daily activities as per usual. Just as the clock struck quarter past eight, all activity was brought to an abrupt end at the behest of the Enola Gay. A giant mushroom cloud dwarfed the city of Hiroshima, and swept it clean of life with an immense shock of energy. Almost 68 years after this tragic yet inevitable scene of death, destruction and devastation, former Pakistani President Pervez Musharraf demonstrated his chronic condition of dementia by once again bullying India. “We have not made the atomic ...

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What they didn’t tell you about Pakistan: Seven common myths dispelled

Pakistan may be one of the most misunderstood countries around and it is certainly easy to see why when you hit the layman’s ceiling of knowledge in about 10 seconds. What most people don’t see is what lies beyond the media coverage, highlighting just the challenges the country is facing today. There is a lot more to Pakistan than what meets the eye, so prepare for some enlightenment and let’s go bust some myths. 1. Pakistan is no place for women A young girl from Kailash in native dress. Photo: Asfandi Yar. Contrary to the stereotype, not all Pakistani ...

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Is Imran Khan being ‘democratically correct’?

The political storm that has stirred in Islamabad has left many stunned and reeling to see what lies ahead. Among this intricately complex political dilemma, many senior politicians have put on their mediation caps and tried to return to more chartered waters. But despite all efforts, the emboldened and resilient figure of Imran Khan has stood in the way, reiterating his poetic calls for justice and reform. Delivering those highly charged speeches, come rain or shine, he has shown his commitment to his cause that surpasses the usual, disengaged approach of most politicians. Apart from his individual qualities, his recent political decisions have ...

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Is anarchy within Pakistan’s reach?

Imran Khan, Nawaz Sharif, Tahirul Qadri: A triumvirate of egos. This is what it is all about. You’d wish this was about democracy, but unfortunately, it is these three we should focus on to understand this. Pakistan’s current political crises are a joint concoction of blunders committed by Pakistan Muslim League-Nawaz (PML-N), Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT). PML-N instigated this with their utter refusal to take the opposition seriously, or accept the legitimacy of their demands. Perhaps they were yet to grasp the reality of the new face of opposition force; that it wasn’t going to settle for ...

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Should we be concerned about the almighty dollar game?

As someone who works in the finance industry, I am frequently asked, at social events, about where I think the dollar is headed. Although I’m not sure if people are genuinely showing interest in our economy or just trying to count their dollars their loved ones sent them from abroad. Regardless of their reasons, I value their intrigue nonetheless. The greenback affects our lives whether we like it or not. Pakistan looks to the US for just about everything – aid, trade, political arm twisting, you name it. So it’s important to understand how our economy reacts to the dollar game. But whether ...

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Before blocking NATO supplies, take a look at the repercussions for Pakistan’s economy!

In an interview with a journalist, Akram Durrani of Jamiat Ulema-Islam-Fazal (JUI-F), who was the former Chief Minister of Khyber-Pakhtunkhwa (KPK) portrayed his plans for economic development as: “We believe that God prearranged food and clothing for every man, which He created. If we give up the ways of God and devise our own solutions to perceived problems, we may land in trouble.” The policy pursued by Pakistan Tehreek-e-Insaf (PTI) and Jamaat-e-Islami (JI) towards the drones strike is very much in procession with that of Akram Durrani’s. It is true that God feeds every mouth on the planet but it is also true ...

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Pakistani reactions to breaking news (explained through cats)

When visiting US diplomats talk about Pakistan being a key ally in the War on terror. …………………………………………………………………………………………………………………………………….. When Imran Khan says he will block NATO supply routes. …………………………………………………………………………………………………………………………………….. Reality of trying to block Nato supplies… …………………………………………………………………………………………………………………………………….. How security forces are seen when rumours emerge of an operation into North Waziristan ……………………………………………………………………………………………………………………………………..  How the MQM is seen when they announce they are breaking a political alliance ……………………………………………………………………………………………………………………………………..  How the JI is seen battling over the ‘martyr’ controversy …………………………………………………………………………………………………………………………………….. Each time the power tariff is raised by 50 paisa …………………………………………………………………………………………………………………………………….. When there is a strike due to ‘namaloom afrad‘ ……………………………………………………………………………………………………………………………………..  When a negative review of Waar is published ……………………………………………………………………………………………………………………………………..  When a positive review of Waar is published …………………………………………………………………………………………………………………………………….. When there’s a ...

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