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South Asia

Pakistan Headlines - 8 June 2014

Pakistan Headlines - 8 June 2014

Budget to Prevent Pakistan Escaping the IMF Debt Trap Bunya

In a long-winded budget speech of 3 June 2014, Pakistan's Finance Minister did not deviate by even one word from the agreement with the IMF on 10 May 2014. In future rather than boring the people with unwarranted self-praise, the regime should simply photocopy the agreement and distribute it. The regime's 2014-15 budget ensures that Pakistan never escapes the usury based colonialist debt trap, preventing Pakistan ever standing on its own feet, let alone rising to its full immense potential. The IMF approved budget further eases the privatization of immensely valuable national assets by which Pakistan could fund its own needs without needing loans, drowns Pakistan in interest-based debt so that future generations face worse than we face now and strangles the life out of the local economy by ever-increasing taxes. Indeed, patting itself on the back for such a crippling budget is the regime rubbing salt in the deep wounds of the people.

 

Myanmar Buddhists launch boycott of Muslim-owned telecoms firm

نَّمَا يَنْهَاكُمُ اللَّهُ عَنِ الَّذِينَ قَاتَلُوكُمْ فِي الدِّينِ وَأَخْرَجُوكُمْ مِنْ د...

India arrests after Muslim man beaten to death by hardline Hindus

BBC Mohsin Sadiq Shaikh worked in the IT department of a textile firm. Officials say he did nothing to provoke the attack. Bal Thackeray's political career Police in I...

Pakistan court orders police to charge ex-CIA station chief

Al-Arabiya AFP, Islamabad Islamabad's High Court on Thursday ordered police to press charges against the CIA's former station chief for murder, conspiracy and waging wa...

Pakistan's MQM party leader Altaf Hussain 'held in London'

Al-Arabiya AFP, London The leader of Pakistan's MQM party, Altaf Hussain, has been arrested in London on suspicion of money laundering, reports said Tuesday. Police sa...
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