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By Dr Akhtar Hasan Khan THE hefty increase in gas prices will lead to serious consequences for the middle class and trade and industry sectors. It will aggravate inflation and depress GDP growth and employment. The universally acclaimed principle of economic policy-making is that changes should be gradual and phased. A shocking jump of 31 per cent in the price of a vital commodity like gas, which supplies 50 per cent of national energy, is bound to make a profound impact |
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By PAUL KRUGMAN By huge margins, Americans think the economy is in lousy shape — and they blame President Bush. This fact, more than anything else, makes it hard to see how the Democrats can lose this election. But is the public right to be so disgusted with Mr. Bush's economic leadership? Not exactly. We really do have a lousy economy, a fact of which Mr. Bush seems spectacularly unaware. But that's not the same thing as saying that the bad economy is Mr. Bush's fault. |
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By ROGER COHEN BERLIN Senator Barack Obama is expected here on July 24 to meet with Chancellor Angela Merkel. The Democratic presidential candidate is scheduled to make a speech at the Brandenburg Gate that aides describe as the major address of a European tour also taking him to London and Paris. Here's what he should say: I am honored to be in this great city as a guest of your distinguished chancellor, a true friend of the United States. No place evokes the strength of the transatlantic alliance like Berlin. As candidate for the presidency, I feel humbled to be in this city where visionary American and German leaders fought pivotal battles for freedom. |
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By Asha'ar Rehman EXPATRIATE Pakistanis are a force to reckon with in the politics of the country. If a proof of their presence in absentia was ever needed, reports of recent meetings in the United States indicate just how desperate the Pakistani community is about the situation in the country of its origin. There is no denying the importance of expatriates in the history of Pakistan, which by some accounts, has in recent years been run by local and foreign outsiders. Reports have been continuously warning us against putting our faith in a set of people who are destined to pack their bags and depart at the first sign of danger a la Shaukat Aziz. |
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By NICHOLAS D. KRISTOF When a distinguished American military commander accuses the United States of committing war crimes in its handling of detainees, you know that we need a new way forward. "There is no longer any doubt as to whether the current administration has committed war crimes," Antonio Taguba, the retired major general who investigated abuses in Iraq, declares in a powerful new report on American torture from Physicians for Human Rights. "The only question that remains to be answered is whether those who ordered the use of torture will be held to account." |
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By Maria Golovnina ASTANA: If there is one thing Kazakh President Nursultan Nazarbayev cherishes as part of his legacy, it is the gold-plated extravagance of his new capital, Astana. Tucked away in the empty heartland of Eurasia, Astana was little more than a windswept provincial town a decade ago when Mr Nazarbayev declared it the capital of his vast oil-rich state. |
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By Rustam Shah Mohmand The military operation,currently underway in Bara area of Khyber Agency was preceded by a deliberately orchestrated campaign of raising the spectre of an imminent attack on Peshawar. Who will attack Peshawar with what weapons and, more importantly, with what objectives and goals was not spelt out in the doomsday scenario painted by the protagonists of such a potent threat. A hype was created as if a force of pro taliban elements, by the thousands, was ready to invade Peshawar. |
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Croton-on-Hudson, N.Y. THE latest license plate controversy erupted last month when the South Carolina Legislature passed America's first-ever religious specialty license plate, with the slogan "I believe" and the image of a cross over a stained-glass window. The plate is being challenged in court by a group that promotes the separation of church and state. The challengers have a point. Specialty plates are approved by state legislators, so a message or slogan can easily be construed as an official endorsement. States shouldn't get out of the specialty plate business altogether. They are a huge source of state income. (For instance, in Nevada they brought in $3.8 million last year.) But I don't think states should issue specialty plates with religious or political messages. |
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Given the huge increase in inequality in most countries, higher taxes for those who have done well — to help those who have lost ground from globalisation and technological change — are in order, and could also ameliorate the strains imposed by soaring food and energy prices Joseph E Stiglitz Around the world, protests against soaring food and fuel prices are mounting. The poor — and even the middle classes — are seeing their incomes squeezed as the global economy enters a slowdown. Politicians want to respond to their constituents' legitimate concerns, but do not know what to do. |
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Despite the toning down of the war of words between Beijing and the followers of the Dalai Lama, Chinese concerns over the possibility of violent attacks by Tibetan youth to embarrass the Chinese have not subsided. B. Raman While the Falun Gong has kept up its public campaign against the Beijing Olympics due in August, the Tibetan supporters of the Dalai Lama have toned down their campaign. There has been pressure on His Holiness from the Western governments not to create difficulties for the Chinese before and during the Olympics. |
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By Mary Dejevsky FOR complicated reasons, I have been doing quite a bit of long-distance driving recently. Yes, I know it is not green; it's an extravagant use of time, and now that a full tank of petrol costs upwards of (pounds sterling) 50, it makes a big hole in the bank balance. Sometimes, though, you have little choice but to take to the road. As if to underline this point, my writing today is punctuated by the bellowing, all too close, of angry lorry horns. The haulage drivers have come to Westminster, with their clumsy steeds, to lobby MPs about fuel prices. |
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By DAVID BROOKS Barack Obama sells the Democratic Party short. He talks about his fund-raising success as if his donors were part of a spontaneous movement of small-money enthusiasts who cohered around himself. In fact, Democrats have spent years building their donor network. Obama’s fund-raising base is bigger than John Kerry’s, Howard Dean’s and Al Gore’s, but it’s not different. As in other recent campaigns, lawyers account for the biggest chunk of Democratic donations. They have donated about $18 million to Obama, compared with about $5 million to John McCain, according to data released on June 2 and available at OpenSecrets.org. |
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By THOMAS F. SCHALLER THE interim between the primaries and the parties’ nominating conventions is, according to ancient writ, a fertile period for presidential campaigns to talk about how they plan to expand the political map in the fall. This year is no different. Barack Obama’s strategists are suggesting that the first African-American presidential nominee of a major political party can parlay increased turnout among black voters into a string of victories in the South. |
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By Tim Webb MINING giant Anglo American and Impala Platinum are in talks with Robert Mugabe’s regime about handing over large stakes in their Zimbabwean subsidiaries to ‘indigenous investors’. The opposition party, the Movement for Democratic Change, and London-based analysts said it was likely that these deals, worth hundreds of millions of dollars, would be used to raise money for the regime. MDC spokesman Nelson Chamisa told this reporter: ‘The indigenisation bill is another dimension of the kleptocracy. It’s not intended to legitimately promote indigenous investment.’ |
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By John Lichfield The explosive clash of personalities, and policies, between the French President, Nicolas Sarkozy, and the European Union’s trade commissioner, Peter Mandelson, is threatening to detonate another European crisis. France, which takes over the EU presidency for six months on Tuesday, announced on Friday that it has convened an unscheduled meeting of the 27 governments to — in effect — call into question Mr Mandelson’s negotiating position in the stalled world trade talks. Although M. Sarkozy will not be present at the meeting in Paris, it will inevitably be overshadowed by his outburst at the Brussels summit last week when he accused Mr Mandelson of provoking the Irish “no” vote in the referendum on the Lisbon Treaty on EU reform because his proposals for freeing world trade were so unpopular. |
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By PAUL KRUGMAN It’s feeling a lot like 1992 right now. It’s also feeling a lot like 1980. But which parallel is closer? Is Barack Obama going to be a Ronald Reagan of the left, a president who fundamentally changes the country’s direction? Or will he be just another Bill Clinton? Current polls — not horse-race polls, which are notoriously uninformative until later in the campaign, but polls gauging the public mood — are strikingly similar to those in both 1980 and 1992, years in which an overwhelming majority of Americans were dissatisfied with the country’s direction. |
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By Shadaba Islam SO much for European unity. Hopes that the European Union (EU) would be able to forge a joint front following the stunning defeat of the bloc’s much-touted reform treaty by Irish voters on June 12 were summarily dashed at the EU summit in Brussels last week as leaders quarrelled openly over the reasons for the latest crisis and its domestic and international implications. |
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By GAIL COLLINS Unity, N.H. Barack Obama and Hillary Clinton held their political bonding ceremony in the middle of a field since the tiny town where they did the deed had no buildings big enough to host such a momentous occasion. The symbolism was obviously supposed to stretch way, way beyond mere unity. Think the signing of the Magna Carta. Or that baseball movie with Kevin Costner. If you concede it, they will come. |
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By PAUL KRUGMAN Congress has always had a soft spot for “experts” who tell members what they want to hear, whether it’s supply-side economists declaring that tax cuts increase revenue or climate-change skeptics insisting that global warming is a myth. Right now, the welcome mat is out for analysts who claim that out-of-control speculators are responsible for $4-a-gallon gas. |
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By SAM WANG and SANDRA AAMODT FALSE beliefs are everywhere. Eighteen percent of Americans think the sun revolves around the earth, one poll has found. Thus it seems slightly less egregious that, according to another poll, 10 percent of us think that Senator Barack Obama, a Christian, is instead a Muslim. The Obama campaign has created a Web site to dispel misinformation. But this effort may be more difficult than it seems, thanks to the quirky way in which our brains store memories — and mislead us along the way. The brain does not simply gather and stockpile information as a computer’s hard drive does. |
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