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 Articles & Letters[1-4 of 4 stories]  
 Articles   |   Letters  

Viewpoint: Are we heading towards a bloody revolution?
ARTICLE (September 02, 2010): It is difficult to determine who said it first. But the line "the country is heading towards a bloody revolution" seems to have struck a chord with all kinds of people: politicians, journalists, business leaders, and television commentators of different hues. Repeated day and night in the media, this alarmist assessment is now almost a national refrain.



Judicial decision making: Certainty as an element of logical expectation
ARTICLE (September 02, 2010): Our financial expert friend Lakhani looked worried. His way of entrance into my office showed anxiety written large on his face. I asked him, "Lakhani be in peace, Don't worry, problems do have their solutions."



Long wait for rescue in Chilean mine
ARTICLE (September 02, 2010): "Please get us out of here," one of 33 miners trapped for close to four weeks at a gold and copper mine in northern Chile asked in the first video from the depths. The miners have been entombed 700 metres under the Atacama Desert since August 5, when the shaft they were working in collapsed, and they have to deal with constant temperatures above 30 degrees Celsius.



Partly Facetious: It's not cricket
ARTICLE (September 02, 2010): "They are well connected so nothing will happen."



The days ahead
ARTICLE (September 01, 2010): After having wrought unprecedented havoc, the Indus is finally discharging its flood crest into the Arabian Sea. There are no more stormy rains in the cachement areas upstream. The initial concerns about the flooding of rivers Ravi and Sutlej have turned out to be unfounded. The outflow at Gudu and Sukkur barrages is gradually coming down.



Good Morning: Ramazan and Eid amid flood misery
ARTICLE (September 01, 2010): To begin with, neither the devastating floods, nor the shameful revelations about the Pakistan cricket team, nor the Sialkot lynching case, nor the judicial crisis that has been "averted" by the Supreme Court on Monday, nor the overall morale and crises of the country.



Soweto's haunted hospital during the strike
ARTICLE (September 01, 2010): The admissions ward at the sprawling brown-brick hospital in South Africa's Soweto township usually has the air of a disaster zone, with around 120 patients on any given day waiting on stretchers. But a second week into a crippling public sector strike that has seen nurses desert their stations en masse, the number of patients in an eerily calm Ward 20 at the Chris Hani Baragwanath Hospital had fallen to around 30.



Partly Facetious: Scotland Yard hasn't asked for FIA's assistance
ARTICLE (September 01, 2010): "The general public's outrage against spot fixing by our cricket team has not yet abated."



'This is Pakistan's Katrina'
ARTICLE (August 31, 2010): This is Pakistan's Katrina. I just returned from that country, where the devastation created by the recent floods was gut-wrenching. Five years after floods washed over the southern United States, Pakistan is suffering from an epic disaster. And we turn away from Pakistan in its hour of need at our own peril.



The Republic need of the hour
ARTICLE (August 31, 2010): Mankind has yet to devise a way of governing the state whose fairness, workability and transparency is sustainable; of the systems invented so far, the one that allows curbing weaknesses in these areas before they turn lethal is democracy that envisages a peaceful change of state administrators; ironically, this much relied on plus of democracy is being used by self-seekers to achieve their ends while in office, and go scot-free thereafter.


  

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The Rupee
Interbank closing rates for dollar on Wednesday.
BuyingRs 85.62
SellingRs 85.65
Dollar marginally up
7567.16  9.72
Sectoral Indices 
Market at Close
BRIndex-30 7,554.27
KSE-30 Index 9,636.05
KSE-100 Index 9,762.89
LSE-25 Index 3,090.62
ISE-10 Index 2,516.63
Gold Per 10gm 33,942.00
KCA Spot Rate 6,500.00
Libor Rate 0.49669
World Indices
Index Closing Chg%
DJIA 10,269.47 2.54
Nasdaq 2,176.84 2.97
S&P 1,080.29 2.95
FTSE 5,366.41 2.70
DAX 6,083.90 2.68
CAC-40 3,623.84 3.81
Nikkei 9,062.84 1.52
H.Seng 20,868.92 1.19
Sensex 18,238.3 0.18
NY Closing
Euro 1.2807
Sterling 1.5450
Swiss Franc 1.0154
Yen 84.3900
Gold 1246.20
Cotton 87.410
Oil 73.89
Economic Indicators
Annual2009/10
Foreign Debt $53.01bn
Per Cap Income $1046
GDP Growth 4.1%
Average CPI 11.73%
MonthlyJuly
Trade Balance $-1.45 bln
Exports $1.78 bln
Imports $3.24 bln
WeeklyAugust 26, 2010
Reserves $16.1087 bln
 









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