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Pakistan’s Impending Economic Crisis

One of the biggest achievements of Musharraf’s rule, according to him, was that he turned around a tottering economy. Rescuing it from the verge of default, he brought it to a state where it was declared a success story by the International Financial Institutions. GDP was growing at a healthy rate of 6.5 to 7.5 per cent and even touched nine per cent in 2005. ADB projected a 6.5 per cent GDP growth for 2008 in its report released in December 2007.

Ma, KMT and the new Cross-strait Policy

In a development that is expected to ease tensions across the Taiwan Strait, Taiwanese voted in favour of the Kuomintang (KMT, Nationalist Party) candidate Ma Ying-jeou in the March 22 presidential election. Ma’s victory was unprecedented, as he captured 58 per cent of the total votes cast – a full 16 percentage points more than Frank Hsieh of the Democratic Progressive Party (DPP).

Sanctions Against Iran are Futile

The United Nations Security Council imposed the third set of economic and trade sanctions against Iran on March 3, 2008 for refusing to halt its nuclear programme. Resolution 1803, sponsored by Britain, France and Germany, was backed by 14 of the Council’s 15 members; Indonesia abstained. The sanctions were targeted against 13 individuals and 12 companies with links to Iran’s nuclear and missile programmes. One of the 13 individuals targeted is Brig. Gen.

India and Africa Partnership: Opportunities and Challenges

The India-Africa Forum Summit is an indication of the coming of age of India’s relations with African countries. While India’s relations with African countries are time tested and historical, nevertheless in recent years this affiliation has been revitalised. Booming trade is an indication of this change. Trade has grown from US$967 million in 1990-91 to $25 billion in 2006-07 (inclusive of oil imports). This transformed relationship is driven by a number of factors.

India Should Revisit its Tibet Policy

The Indian government’s response to the ongoing protests in Tibet has been to merely state its “distress” about the situation and reaffirm its position that Tibet is an “internal” affair of China. New Delhi has assured Beijing that its position on the Tibet issue is “clear and consistent” and that this “would not change in the future.” The Indian position is based on its traditional opposition to separatist movements and to foreign intervention in support of such movements.

Yousuf Raza Gilani: A Tall Man with a Task of Tall Order

Yousuf Raza Gilani was nominated by Asif Ali Zardari as the PPP candidate for prime ministership on March 22, 2008. On that occasion, Zardari called upon Gilani “to accept the heavy responsibility and lead the coalition government and the nation to greater heights and a glorious future.” Pakistan’s National Assembly elected Gilani as Prime Minister (264 votes to 42 over Pervez Elahi of PML-Q) two days later.