Published Letters

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Pakistan, a land of lost opportunities

mhzakariaComment
By MOHAMED H. ZAKARIA, published in Arab News - Aug 1st, 2011 We are fighting a war on terror; this has been the slogan of successive Pakistani leaders since Gen. Zia-ul-Haq dragged Pakistan into the Afghan war against the Russians. The present Pakistani government is using the same slogan despite the fact that the world knows the reality of the war on terror. If fighting a few thugs warrants such massive preparations and operations that have taken a h...

Global financial system needs a major shake-up

mhzakariaComment
By MOHAMED H. ZAKARIA Published in Arab News: Aug 14, 2011 23:37 The sinking US dollar and the euro crisis are threatening the world financial system. The US Federal Reserve’s recent decision to keep dollar interest rates near to zero at least for two more years was an unprecedented step, according to some economists. It is also being suggested that the US might be starting to look eerily like Japan — entering into long-term recession. The Japanese ...