Wrong solution
Wasting money on waste is always inadvisable, but this has never been more the case than now, when business is trying to invest across the board in long-term value.

Debt is more lethal than weapons
Islamabad is teetering on the brink of defaulting in its debt repayments due to 1998, but less than $1 billion in its foreign exchange kitty unless the IMF comes to its rescue with a generous loan.

Pessimistic outlook
Claude Smadja is overly pessimistic in saying that after seven years of economic reform India is almost back to where it stood in 1991 with respect to the budget problem.

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