Monthly Archives: January 2016

Market volatility has its origin in two distinct sources, one is the change in Beijing’s exchange rate regime, another is the Federal Reserves unwinding.  This will be messy. Chinese leadership will not demonstrate the requisite fortitude so as to liberalize … Continue reading →

Husain Haqqani and other South west Asian notables refer to Pakistan as ‘The Citadel’, because fiscally, the entire nation state devotes its monies to the maintenance of a security establishment whose interests cannot align to any meaningful geopolitical relation.  Historically, Pakistan has enjoyed favorable status with … Continue reading →