The assassination of Benazir Bhutto on December 27, 2007 at an election rally in Rawalpindi raises serious doubts about Pakistan’s peaceful political transition to an era of democratic politics. Eight years of Musharraf’s rule has seen growing fundamentalism, political instability and ethnic disaffection. It was thought that reverting to a troika system would bring about the right balance between a democratically elected leader and the Army, which would help arrest disenchantment and address instability.

Muslim countries and Islamic relief organisations along with the rest of the world have shown unprecedented solidarity with the people of Bangladesh after the devastating impact of cyclone Sidr in mid-November. Ironically, many of these Islamic charitable organizations have been involved in fuelling fundamentalism in Bangladesh. The extremist forces, and not surprisingly, are once again trying to capitalize on the miseries of the people and the inadequacies of the state machinery.

General Asfaq Pervez Kayani’s elevation as the 14th Pakistan Army Chief of Staff in November has been treated in the Indian media as a relatively low key affair. The General has been projected as a Musharraf ‘loyalist’ positioned primarily to retain Musharraf’s influence and hold on the Army. But transitions, particularly in Pakistan’s military etablishment, have rarely followed any given pattern and it can be expected of Gen Kiyani to initiate some new policy direction.

The annual “Heroes’ Day” speech delivered by LTTE chief Velupillai Prabhakaran on November 27, amid continuing attacks by the government forces, brought out in no uncertain terms his dissatisfaction with the international community’s approach towards the Tamils of Sri Lanka. The LTTE supremo came down heavily on the international community for displaying, what he called, “partisan and unjust conduct”, which “severely undermined the confidence” of Tamil people on them.

After dilly-dallying for a long period Bangladesh finally signed the Trans-Asian Railway (TAR) network agreement on November 9, 2007 at the UN headquarters in New York. With this 20 of the 28 countries under the network have joined the agreement. India signed the agreement on June 29, 2007. The remaining eight countries have yet to sign citing "procedural" and "technical" reasons, rather than disagreement about the project. Bangladesh failed to sign the agreement earlier as the previous BNP-Jamaat alliance government was undecided on the issue.

The imposition of emergency in Pakistan on November 3, 2007 highlights two significant points: the crisis of political legitimacy for Musharraf and the raging war in the tribal areas which has affected the morale of the Pakistan army. Musharraf highlighted the reason for emergency to save Pakistan from greater crises. He did not hesitate to name the judiciary as one of the problems that triggered the present action.