"Pakistan facing bankruptcy as world financial crisis deepens"
"By Vilani Peiris"
20 October 2008
"Wracked by political instability and hard hit by the global economic crisis, Pakistan is teetering on the brink of default. The country’s foreign reserves have dwindled to around $4.5 billion, equivalent to about six weeks of imports, foreign investors have fled the country in droves and the rupee has fallen sharply. The international credit rating agency, Standard & Poor’s, has downgraded Pakistan to a position superior only to the Seychelles, which has already defaulted."...
http://www.wsws.org/articles/2008/oct20 ... -o20.shtml
"Frustrated US threatens to spread its war from Afghanistan into Pakistan"
"How has the US managed to recruit so many Pakistani tribal leaders? The answer lies in General Pervez Musharraf’s subservient policy, which is still pursued by his successors, of allowing the Americans a free hand in Pakistan’s Federally Administered Tribal Agency (FATA). In the immediate aftermath of 9/11, hundreds of Pakistanis living illegally in the US were also rounded up. They were given a stark choice: work for the CIA or FBI or rot in jail. The majority willingly collaborated. Today the CIA has hundreds, perhaps thousands, of Pakistanis on its payroll, earning $10,000 per month or more and operating in Pakistan. The same is true of tribal leaders bought for sacks full of dollars."
"The US has also deliberately sabotaged any peace deals between the Pakistan army and tribal leaders. One such deal with Nek Muhammad of South Waziristan in July 2005 was thwarted by the US when it killed him with a precision-guided missile fired from a US drone. There have been many other American attacks on tribal leaders who had agreed to work for peace in the region. There have also been attacks on madrassas; the one in Bajaur in October 2006 where 82 children were killed stands out particularly for the scale of its brutality."...
http://www.muslimedia.com/pak-usfrustwar.htm
"Democracy’s revenge: Zardari confirmed as president of Pakistan"
"Pakistan’s constitution is clear about the requirements a person must meet to be eligible to run for the post of president. Under Article 41(2), the president is required to be “qualified to be elected as a member of the National Assembly”. Article 62 elaborates that in order to qualify as a member of the National Assembly, and contest the presidential election, a person must be “of good character and is not commonly known as one who violates Islamic injunctions”; he must be “sagacious, righteous and non-profligate and honest and ameen.” Zardari’s Surrey Palace in England, the penthouse suite in Manhattan, the vast estates he controls in Pakistan, and the wealth he flaunts so openly, all testify to his profligacy and extravagant lifestyle."...
http://www.muslimedia.com/pak-zardaripres.htm
