Will the IMF Facility Be a Turning Point in the Economy?

The IMF Extended Fund Facility (EFF) of US$ 1.5 billion with an agreement on an economic program supported by the IMF is now imminent. This could be a turning point in the economic fortunes of the country. The IMF facility would replenish the reserves, add confidence in the economy and have a salutary effect on capital inflows.

Panorama of Perfidy in the Panama Papers

Ever since the Panama Papers hit the fan, the leak has been working like a series of introductions at a high-profile gathering. It's putting a bunch of names to a bunch of faces, men and women leading a double life because of their money. It also shows that these folks have something in common with the squirrels. The rodents hide their nuts, and they hide their assets.

South-South Cooperation Needed to Tackle Climate Change

As countries came together at the United Nations this week to sign the Paris Climate Change Agreement, partnerships were forged between countries of the global South to support the implementation of the global treaty.

Developing Countries Take Lead at Climate Change Agreement Signing

An unprecedented 175 countries signed the Paris Climate Change Agreement here Friday, with 15 developing countries taking the lead by also ratifying the treaty.

Poverty Puzzles

Whichever way you parse the data we have it shows that poverty headcount in Pakistan over the last decade and a half to two decades has decreased substantially. Initially, it was thought the data was not good enough, that it had been manipulated and so on, but even after multiple rounds of national surveys, the same trends are evident. And though the actual percentage of the poor may vary with the method one uses, the trend of falling poverty remains invariant. There must be something to this trend.

No Turning Back in the Global Fight Against Climate Change

As people around the globe observe Earth Day today, world leaders are making history at the United Nations in New York. Over 100 countries will sign the Paris Agreement on climate change, representing their commitment to join it formally. This marks a turning point in the story of our planet and may set a record for the largest number of signers to an international agreement in a single day. Moreover, last month, President Obama announced with President Xi Jinping that our two countries will sign the Paris Agreement today and formally join this year. We are confident other countries will do so too, with the intention of bringing this historic and ambitious agreement into force as quickly as possible.

Small Island States Urge Rapid Implementation of Climate Agreement

The Paris Climate Change Treaty represents an historic step forward in the international effort to address the crisis. The Alliance of Small Island States (AOSIS) played a key role in its adoption and were instrumental in winning the inclusion of the 1.5-degree temperature goal.

Coat Linings

Is nothing sacred anymore? Has privacy lost its sanctity? Why cannot our prime minister go to London for an urgent medical check-up, drop in on his tailors Scabal in Savile Row for a fitting, and then treat himself and his acolyte ministers to a lunch at Churchill Hotel, without also being photographed by amateur paparazzi on their ubiguitous mobiles? Now that Swiss bank counters and Panamanian desktops have been converted into unscreened confessionals, is nothing secret or sacrosanct? One`s sympathies reach out to our nouveau-riche rulers. They thought they had buried their money long enough for it to acquire the patina of `old money`. (`Old money` is what a ruler makes in his/her first administration.) As aspiring arrivistas, they felt that they had finally `arrived`. However, our elected Noriegas have found themselves sharing the predicament of the wife of the general-industrialist whose automotive companies were nationalised by Mr Zulfikar Ali Bhutto in January 1972. `Life is so unfair, she moaned. `Just when we thought we had made it into the 22 families, Bhutto goes and does this to us.

Healthcare solutions that are smart

Every hour, tuberculosis kills nine Bangladeshis. Another seven die each hour from arsenic in drinking water. Simple and cheap solutions are available to avoid almost all these deaths.

HIV Time Bomb Ticks On

Radhika Banarjee, a 24 year-old CSW, listened carefully at an advocacy gathering in the heart of Dhaka, Bangladesh’s capital.

Fighting the Chotoo Gang

A group of notorious gangsters has apparently brought the Punjab police toitsknees.A2,200-strong police force has retreated after losing several men since the operation against the Chotoo gang in the southern Punjab district of Rajanpur began earlier this month. The army is now being dragged into yet another law and order issue that the civilian agencies should have been able to deal with.

OPINION: Breaking the Grip of Rimbunan Hijau over Papua New Guinea

James Sze Yuan Lau and Ivan Su Chiu Lu must be extremely busy men. Together, they are listed as directors of some 30 companies involved in various activities and services related to logging or agribusiness in Papua New Guinea (PNG). The former is the managing director of Rimbunan Hijau (RH) PNG and son-in-law of RH’s founder Tiong Hiew King; the latter is executive director of RH PNG Ltd.. All but two of these 30 companies have the same registered address at 479 Kennedy Road, in the national capital, Port Moresby–the headquarter of the RH group in the country.

When Only Men Make the News

On the onset, it seems women are everywhere in the media. You switch on the TV, there is inevitably an attractive woman luring you into buying a product. On the radio, there is the 'young new thing' vivaciously flirting with her male co-host while shuffling through songs; and in print, the entertainment pages would simply not sell without a titillating image of a female celebrity and a scoop on her latest rendezvous. But take a closer look, beyond the objectified and stereotypical images of women, being manufactured and mass consumed ad nauseam, and where are the women, really? Take a look at the news media, for instance. Where are the women in the newsrooms, in the bylines on the front and back pages, in the column spaces of our opinion pages, in the talk shows, not simply as hosts, but as commentators on so-called hard issues such as politics and foreign affairs? Where are the women in our news (discounting the PM and her alter-ego), except as wailing victims of violence, natural disasters and such and as muses of our male photographers during cultural festivals?

Arsenic Threat Looms Large in India: Well Switching Provides the Way Forward

An Indian Govt. Parliamentary Committee on Estimates on “Occurrence of High Arsenic (As) content in Groundwater” in December, 2014 stated that more than 70 million people in 96 districts in India is under threat due to As occurrence in groundwater.

A Cash-Strapped Nation on a Splurging Spree

In our student days there was a commonly used Sinhala phrase – “clean suit empty pocket”. That succinctly conveyed the image of a well-clad individual without a cent on his person.

Matrix of Biometrics

Biometrics is the science of using physical (and behavioural) features for identification purposes. The most ubiquitous biometrics we encounter is 'the face'. Every individual has a distinct face, which is used by others to identify/ recognise him or her. Human beings also start recognising voices from the age of three months. Handwriting recognition is part of behavioural biometrics. The most versatile and reliable biometric data possibly comes from human genes.

No Free Chinese Takeaway but Chinese Takeover on the Menu

There is no such thing as a free Chinese takeaway; and, if the visiting Lankan high powered delegation led by Prime Minister Ranil Wickremesinghe fancied otherwise, the Chinese hosts made pretty certain the guests got the message crystal clear when the fortune cookie, opened after the diplomatic feast of niceties was over, revealed the thumping bill of fare.

Historic Victory for Investigative Journalism

The world was shaken up this week with the leaks of the ‘Panama Papers’ exposing the financial shenanigans of world leaders, past and present. They showed how such leaders of men, women and nations and their business side-kicks hid their embezzled wealth in tax havens around the world and thereby avoided paying taxes in their respective countries. They enjoyed the good life with their monies stacked in offshore banks, some using shell companies with front-men as the account holders, while their fellow countrymen and women were asked to pay their taxes.

Home is School

The paradox of education in Pakistan is that the children of the poor are not getting enough of it, while the offspring of the rich get a surfeit. Neither is good for the child.

Plugging Asia’s Infrastructure Gap

Investors have an appetite for Southeast Asia's infrastructure projects, but poor structuring of deals keep them at bay.

Money and Politics

On Oct 4, 1988, then acting president Ghulam Ishaq Khan promulgated a little known ordinance to amend the Representation of the People Act of 1976.