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Monday, March 20, 2023

PakistanWeek

Why SVB and Signature Bank Failed So Fast

All banks face interest rate risk today on some of their holdings because of the Fed’s rate-hiking campaign. This has resulted in $620 billion in unrealized losses on bank balance sheets as of December 2022. But most banks are unlikely to have significant liquidity risk.

Texas House of Representatives Celebrates ‘Muslim Capitol Day’

The Texas House of Representatives approved a resolution on Tuesday recognizing March 7, 2023, as “Texas Muslim Capitol Day.” the resolution coincided with the...

Pakistan’s Default Imminent as $22B Debt Repayments are Due & Inflation at 50 Year High

[youtube https://www.youtube.com/watch?v=ZFv1vIESLzY] Pakistan is on the verge of default and is facing an economic meltdown as the country runs out of Cash and energy &...

This is How February 21 Turned into Struggle for Bangladesh’s Independence

I have the honor of accompanying Sheikh Kamal (Son of Banga Bondhu Shaikh Mujibur Rahman), perhaps in the 21st February procession of 1969 when...

China’s Message Amid Renewed American Interest in Pakistan

[youtube https://www.youtube.com/watch?v=2uQlrc7skxc] China is sending a reminder to the Pakistani leadership that the interests of the people of Pakistan are more important to it than...

Revisiting Legacy of General Pervez Musharraf and Pakistani Community’s Reaction

Pakistan's former military ruler General (retd) Pervez Musharraf passed away in Dubai on Sunday (February 5). Musharraf had been living in the Emirates since...

Ambassador Munir Akram Apologizes over Remarks about Pashtuns

Pakistan's permanent representative at the United Nations Ambassador Munir Akram has tendered a public apology over his racist and xenophobic remarks against Pashtuns at...

Eggs: America’s New Contraband – But Why?

The U.S. Customs and Border Protection agents across the United States-Mexico border are reporting a record number of encounters with people attempting to smuggle a...

Afghan Who Escaped War in Afghanistan Shot Dead in North Carolina

An Afghan national who once helped the American forces in Afghanistan and fled his country fearing Taliban repression was shot dead in Durham, North...

Unemployment Bridge Program to Provide Protection to 750,000 New Yorkers

One of the significant issues in this year’s New York State budget negotiations will be a precedent-setting Unemployment Bridge Program which, if passed, will...

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