Teeth Maestro

Tag: Economy

  • How we got into the IMF Trap

    I was shocked to read a status message of a fellow bloggers on facebook. “IMF approves another $3.2Billion for #Pakistan bringing the total to $11.3Billion > with all the relief we are still no better > I think we are Royally Screwed for life“, it reads. Another fellow claims it as Zardair’s fault! This was…

  • Shumaila Rana Resigns but what about the Bigger Crooks

    Shumaila Rana has resigned from her Parliamentary seat amidst a short bit of drama after she was caught using a stolen Credit Card for approximately Rs. 60,000. To be honest its great to see her cough up her seat, but one wonders that in comparison to her colleagues which are bigger looters and plunders she…

  • Bhagwandas Report – Oil companies given free-hand to fix Oil Prices

    Many in Pakistan may have already glanced through this front page story in Dawn, I feel this is a very valuable piece of information to keep in mind when we try to understand the oil-scam in Pakistan. In 2001 an Oil Companies Advisory Commission comprising of all oil companies in Pakistan under the watchful eye…

  • The Myth of Independence – Economic Imperialism

    “The notion that Pakistan controls the reigns to the economic resources of the country is incorrect—she doesn’t. The G-7 does. They are the ones who make all the economic decisions for us, for our country, through their institutions like IMF, World Bank, and WTO through the policies of SAP, TRIPS, and TRIMS. The idea is…

  • The Carbon Tax Fiasco

    Cyril Almeida a columnist in Dawn has penned an excellent article on the recent controversy regarding the petroleum carbon tax. It is a fact that in March 2009 the government had imposed a Petroleum Developmental Levy which resulted in an increase in the price of petroleum goods by a few rupees. The then, newly restored…

  • People’s Republic of United States

    The United States comprises approximately 4.5% of the world’s population and consumes 25% of the world resources. According to the US department of Commerce, the 2008 deficit on international trade in goods and services was $677.1 billion. This is down from $700.3 billion in 2007 but still 4.7 percent of GDP. In order to cover…

  • Redefining Democracy

    By Omar Javaid, Sr. Editor, Critic Magazine The crippling economy, hostile neighbors, devastated judiciary, shamelessly stubborn and confused government, and a shattering socio-cultural fabric is fueling an outcry that ‘enough is enough’. The Question of “how to bring the change”, how to steer away from the pitfall very much visible ahead? Was never before so…

  • Judiciary is restored! What’s next?

    Guest Blog by Naeem ur Rehman Lawyers have achieved their historic objective after the restoration of the Judiciary on March 16, 2009 and now they can get on with their lives and profession. The question is what lies ahead of PML-N, PPP and us as a nation. As we are quite aware that this is…

  • Pakistan, Forex and Musharraf

    Guest post by A.H.Kalwar of Pakistion Blog With the current account deficit widening, inflation boiling at over 24% and foreign reserves dieing out at the rate of $1 billion a month. Pakistan’s economic indicators seem to have taken a nose dive. Where did it start and when will it end? The dollar today stands at…

  • Come Tuesday a Victory of Hope Over Rovesque Fear

    Will the US be ever the same again? Since life is all about flux, we continuously change, therefore any questions of change can be rhetorical in nature. Yes, caution is advised and one must never underestimate the shenanigans of the neconzix, but the looming victory of Barack Hussein Obama (according to these pundits and this…

  • [MiniLinks] Sony recalls PS3 game Little Big Planet because of ‘Arabic’ words

    Sony Entertainment has announced that it is recalling the Playstation 3 video game, LittleBigPlanet, from retailers after it learned that the soundtrack featured some Arabic-language lines which were also in the Quran and backed with music Sony said that “one of the background music tracks licensed from a record label for use in the game…

  • [MiniLinks] Humvees being built in Taxila

    Saleem Shahzad of Asia Times Online reports that an order has been placed by the US Army for about 1000 military grade high mobility multipurpose wheeled vehicles Humvees at Heavy Industries Unit in Taxilla, Pakistan. The report does voice a concern to say that this new influx of military business is a worrisome understanding between…

  • The debt we owe Pakistan

    Guest Post by Faisal K Its very very hard to live in Pakistan these days. Not because everyone who has any resources is threatening to leave or at least thinking about it. Not because of the violence and the chaos that surrounds this country. When one lives here one gets immune to these things even…

  • [MiniLinks] Bristol-Myers Squibb shutting down Pakistan operations

    According to the latest Economist Intelligence Unit report Bristol-Myers Squibb is planning to shut down its subsidiary in Pakistan due to inflationary effects. The news comes just a few months after Merck Sharp & Dohme (MSD), a subsidiary of Merck & Co, shut up shop in Pakistan. The decision is likely to have been driven…

  • Kashmiri Freedom Fighters are “Terrorists” – Zardari

    In what appears to be yet another blooper on the international stage our President Asif Ali Zardari has yet again dropped a bombshell on our nation. If the security threat in the North West arena was not enough to handle he has just awoken a sleeping giant when he labeled Kashmiri freedom fighters as terrorist…