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Keyword: Bankruptsy

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Civil war and bankruptcy stare Pakistan

Waseem Shehzad

Dhu al-Qa'dah 02, 14292008-11-01

Pakistan is faced with the most serious threat to its existence comparable to what it faced in 1971 when it resulted in the breakup of the country. It is on the verge of bankruptcy; the skyrocketing food and fuel prices have led to extreme uncertainty among the masses who are unsure where their next meal would come from. This is compounded by intense US pressure to attack militants in the tribal area.

Special Reports

Bankruptcy of superpowers and paths the US empire may follow in decline

Perwez Shafi

Dhu al-Qa'dah 02, 14292008-11-01

The days of the American empire are over; even US elites are writing its obituaries. The world Capitalist System was established on such factors as greed, living beyond means, using other people’s wealth, compound interest and a rigid focus on short-term profit.

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