Kathay Kalame Here are a few facts relating to central bank anchored fractional reserve banking system prevailing in Pakistan. It ( Central bank + private banks ) has a monopoly over the issuance of money, i.e. money supply. Even though money supply is measured as currency and deposits in the banking system, new money is […]

Adil Najam Taliban murderers are at it again. An increased rampage of suicide bombings and blasts in Peshawar, in Lahore, in Nowshera, in Hangu, and all over Pakistan. As the operation against them intensifies in the Swat region, they are bringing more terror to the rest of Pakistan. From their statements, they take responsibility for […]

Owais Mughal When I was a student in Michigan, our University conducted this activity on on how to cope with cultural shocks. Student groups belonging to different countries were asked to come up with activities which were considered a norm in their countries but could be a cultural shock to foreigners. International students then went […]