Thursday, July 9, 2020

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Analyses

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carnage in Delhi

Carnage in Delhi

North East Delhi burnt as crazed Hindu mobs rampaged and any delusions based on government denials were dispelled by actual videos of the ongoing violence. A judge of the Delhi High Court ruled to save some injured Muslims and he has since been transferred. And all this during President Trumps’ visit to India
Modi vs India

Right and Wrong

India dolls itself up to welcome President Trump it will ingratiate itself deeper into the US-Israel nexus and no doubt move further into the US embrace. China’s economic downturn in the wake of the virus attack will spark discussion on future containment policies. Nothing can, however, hide the fact that India is getting increasingly isolated and facing an economic decline. The present Indian obsession with Pakistan and its refusal to have bilateral talks belittles it.

Something has to Give

The lack of resolve exhibited by the Government is also evident from the fact that the Supreme Court of Pakistan has been forced into taking Executive level decisions that should have been within the ambit of the Government. This again demonstrates that the Government has accepted its inability to enforce its writ and as a result a vacuum has been created that is being filled by another State Institution

Afghan Peace Deal—At Last?

The fact is that there are other groups in Afghanistan that may try to disrupt talks through targeted attacks or may sow discord in Taliban ranks and wean away fighters from the Taliban side.

ECONOMIC RESTRUCTURING

The mistakes of the past are being repeated according to Dr. Mian. The reliance has continued to be on external borrowings, with IMF support and maintenance of an over-valued Rupee which severely hampered exports. Today Pakistan’s debt has the lowest maturity among peer countries. As a result, inflows continue to be short-term with maturities in the 3 -12 month range. Of the foreign investment of US$2.25 Billion only US$24 Million went towards the longer term Pakistan Investment Bonds (PIBs)

INDIA TODAY

What has been done to Kashmir and the atrocities and repression being committed there is being seen by the world. The brutality with which protests are being put down by Indian police is also being condemned widely. The long term repercussions for India is something that Indians need to judge for themselves. They should also see what impact this is having on their police and security forces--though this is not something new.

It’s Lonely at the Top

The real reason for the wasted tax money was because of the size of the delegations that accompanied them and the demands that these people made on the embassy staff. Rather than extolling sponsors and depending on them, the Prime Minister would do well to dwell on the Spartan and austere style of his visits

The Road to be Taken

there is no doubt that Pakistan is doing well with foreign policy the same cannot be said for governance, economic and political stability. The Prime Minister seems to understand the plight of the people as they face inflation and food insecurity but the problem is that the road to fiscal stabilization is studded with economic hardship at least through 2020

The Drivers Behind Trends

2020 is going to be a difficult and complex year because dangers lurk. India is reeling internally from Modi’s actions to change citizenship rules. Kashmir is in lockdown for over six months with unspeakable atrocities being committed by India’s security forces.

What’s New in Naya Pakistan?

The unprecedented hikes in interest rates, devaluation and ongoing additional surcharges have unleashed a spike in inflation that has severely eroded the purchasing power of the people, and led to the loss of employment opportunities. The dream of generating millions of jobs transitioned into a reality of rampant job losses.