On May 26, Federal Minister for Finance Ishaq Dar unveiled the last budget of the current PML-N government. The budget depicts PML-N’s approach of promoting the development agenda, which includes short- and long-term measures for macro-economic stability, curbing energy crisis, infrastructure development, expanding communications network and improving tax collection. However, poor strata of society have also been given notable relief …
Read More »Budget & the Common Man, Assessing the short- and long run-effects
A question that rises in every sane mind is: ‘How a budget affects the life of a common man in short as well as in the long run?’ Let us find the answer by shedding some light on the dynamics of a budget in this regard. Budget is the name of annual plans of expenditure and revenue for a country. …
Read More »Hekmatyar’s Re-entry into Afghan Politics, A ray of hope or a sign of dismay?
After being out of practical politics and absent from the national scene for more than twenty years, the leader of Hezb-i-Islami Afghanistan and a former Prime Minister of the war-torn country, Engineer Gulbuddin Hekmatyar, has once again entered the Afghan political arena. This move is going to have certain implications for Afghan politics. Although he is militarily weak, yet he …
Read More »US, Hezbollah & Assad, The ‘love affair’ gets more entangled than ever
The mayhem continues. Ceasefire appears to be a forlorn dream. Russia and Turkey might have done their part, but thanks to Mr Trump, the situation in Syria seems set for a topsy-turvy ride, again. The grandeur effect of the Tomahawks didn’t subside yet, and the US decided to strike again. On May 18, Trump launched strikes against the pro-Assad forces. …
Read More »CPEC and the Future of the Multipolar World
The world order is going through profound changes in transitioning from the Western-controlled unipolar system to the non-Western model of multipolarity, and the ongoing multifaceted friction between the opposing forces sums up the nature of the New Cold War. The US and its allies are struggling to retain their erstwhile dominance over global affairs, while Russia, China and their respective …
Read More »KULBHUSHAN JADHAV CASE IN THE LIGHT OF INTERNATIONAL LAW
On 9th May 2017, the International Court of Justice (ICJ) issued a press release according to which India instituted legal proceedings before it against Pakistan with reference to its national Kulbhushan Sudhir Jadhav. With this official press release, the hitherto political and military discourse of India-Pakistan relationship was subjected to legal analysis, encompassing both international law and national law. This …
Read More »The New Silk Road to Empire, The world is no longer America’s oyster
China is working to revive the ancient Silk Road trade routes from Asia to Europe under its transnational megaproject called the Belt and Road initiative. With a monumental US$900bn worth of planned investments to build railways, ports and other infrastructure in 65 countries along the routes, the OBOR is historically the biggest foreign investment strategy by any single country in …
Read More »China’s Belt & Road Forum, What We Learned About China’s Intentions
President Xi Jinping’s “Belt & Road Forum”, the highest profile Chinese diplomatic event of 2017, concluded on May 15 in Beijing. It attracted 29 foreign heads of state and government and representatives from more than 130 countries and 70 international organizations. What did we learn? Firstly, though Xi is taking personal credit for the initiative, it is, in fact, a …
Read More »MODERATE IRAN TRIUMPHS
After a difficult campaign, President Hassan Rouhani won a crucial second term in Iran’s presidential elections held on May 19. A high turnout of 73% helped him score a convincing victory over his principal challenger Ebrahim Raisi, a conservative cleric, in the first round itself, winning 57% of the votes compared to Raisi’s 38.5%. In resounding victory of the moderate …
Read More »Political System of Iran
The Islamic Republic of Iran is a constitutional, theocratic republic in which Shia Muslim clergy and political leaders vetted by the clergy dominate the key power structures. Government legitimacy is based on the twin pillars of popular sovereignty and the rule of the supreme leader of the Islamic Revolution. The Iranian constitution outlines and defines the political, economic, and social …
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