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Breaking News Fri, 3 Sep 2010
Pakistanis displaced by flooding plead for handouts during an aid  distribution by the Pakistani Air Force at a temporary camp set up for residents who had to flee their homes in Sukkar, Sindh Province, southern Pakistan, Thursday, Aug. 19, 2010.
(photo: AP / Kevin Frayer)
Pakistan gets IMF relief, tightens security
The Star
| LAHORE, Pakistan (Reuters) - The International Monetary Fund will give Pakistan $450 million in emergency flood aid, providing some relief for a government overwhelmed by the disaster and facing renewed militant violence. Flood victims left without receiving aid for three days reach for food hando...
Indian middle class assumed as engine of economic growth
(photo: WN / Aruna Mirasdar)
Most of India’s 'middle class' earns between 1K and 2K
The Times Of India
NEW DELHI: Despite its shaky empirical foundations, the myth of the Great Indian Middle Class persists. A new Asian Development Bank report lauds the rise of the Indian Middle Class and projects it as the engine of global growth. However, according to the definition used in the report itself, the va...
Pakistan gets IMF relief, tightens security
The Star
| LAHORE, Pakistan (Reuters) - The International Monetary Fund will give Pakistan $450 million in emergency flood aid, providing some relief for a government overwhelmed by the disaster and facing renewed militant violence. Flood victims left without...
Afghan central bank insists Kabul Bank is solvent
Business Report
| By DEB RIECHMANN and RAHIM FAIEZ | Kabul - Trying to reassure nervous account holders, Afghanistan's central bank said it will stand behind the nation's largest bank after its two top executives resigned amid allegations of mismanagement and unorth...
Afghan central bank says Kabul Bank is sound after officials leave amid corruption allegations
Hartford Courant
, Afghanistan (AP) — central bank tried to shore up confidence in the country's biggest financial institution Wednesday after its top executives resigned amid allegations of mismanagement and corruption. | "The bank is solvent," Abdul Qadir Fit...
The US Exit Strategy From Afghanistan: Credible Afghan Security Forces
The Street
The credibility of any US exit strategy for Afghanistan relies on the development of Afghan security forces able to take on the fight against the Taliban, and preserve order in the country. | This month, the US Department of Defense launched what cri...
Russia to double gas imports from Azerbaijan in a fresh blow to EU-touted pipeline project
Hartford Courant
(AP) — Gazprom on Friday clinched a deal to double supplies from in a bid to expand its control over gas produced by former Soviet republics. | Gazprom and the State Oil and Gas Company of Azerbaijan signed an agreement to boost Azerbaijan's ga...
U.S. Dollar Mixed in Quiet Trading
The Street
The general consolidative tone that emerged near midweek remains intact. The U.S. employment data is seen by many as the likely signal of the near-term direction, but over the last three months the market's disappointment has not been consistently be...
Banking
Iranian President Mahmoud Ahmadinejad waves to the media, at the presidency, in Tehran, Iran, Wednesday, Jan. 20, 2010.
(photo: AP / Vahid Salemi)
Timing key as US stir-fries sanctions
Asia Times
|      Aug 11, 2010 Page 1 of 2 | Timing key as US stir-fries sanctions | By Peter Lee | The targets, the tactics, even the dramatis persona of the Barack Obama administration's 2010 sanctions strategy largely repeat the George W Bush administration's fruitless campaign against Iran and North Korea from 2005 to 2007. | Once...
Economy
People sit before graffiti that read "Long live Taliban leader Mullah Mohammad Omar," in Pakistan's border town of Chaman at the Afghan border on Wednesday, Dec. 26, 2007. These fresh graffiti are seen in border towns supporting religious candidates take part in the coming general elections.
(photo: AP Photo / Shah Khalid)
The degree zero of culture
Asia Times
|      Sep 3, 2010 LIFE IN TALIBANISTAN, Part 2 | The degree zero of culture | By Pepe Escobar | This is the second article in a three-part report. | PART 1: | Ten years ago, Taliban Afghanistan - Talibanistan - was under a social, cultural, political and economic nightmare. Ten years ago, New York-based photographer Jason Flori...



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