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News for Sunday, 3 Jun 2012

World growth at risk as US employment stumbles

In a shock that sent global equity markets into a dive, the U.S. economy added just 69,000 jobs in May, less than half what analysts expected and well below what...

ICCI’s sage advice

Government should have allocated sufficient funds for the development of water and power sector in the announced budget 2012-13 to cope with energy crisis. There is dire need to initiate various...

Textile industry in low cotton

Depression prevailed in the cotton market while Textile Sector would be benefited by receiving Rs 13 billion in the budget 2012-13. The Karachi Cotton Association kept the spot rate...

Minding the store

How much slack does one reasonably cut the government? Granted the incumbent government inherited a serious set of problems when it came to power in 2008. Galloping inflation and extremely...

The last pharaoh

The Egyptians are getting quite into the habit of making history. From conducting the peaceful revolution that ousted a strongman firmly glued to his seat for 30 years, to conducting...

Noble intentions, but…

Constitutions and legal systems are often shaped the way they are perceived. Most written constitutions, including our own, carry a “state-action” requirement; constitutional claims can only be asserted against...

From Chicago to Beijing

The 12th meeting of the Council of Heads of Member States of the Shanghai Cooperation Organisation (SCO) will be held from June 6 to 7 in Beijing. The gathering...

The reverse truth

I’ve had it up to here with men who insist on directing female drivers. Today’s column is therefore dedicated to a prime specimen of the aforementioned, a parking attendant...

The worsening economy

The economic crisis is getting from bad to worse with the passage of time. The day-to-day increase in the prices of daily-use items has made the lives of the poor...

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