As Greece edges closer to accepting a 45 billion Euros EU/IMF aid package to restructure its external debts totaling 300 billion Euros[i], the role of Germany in exacerbating the crisis has not gone unnoticed. Speaking to the Italian newspaper Corriere della Sera, the billionaire financier George Soros said,"The Germans have always made the concessions needed to advance the European Union, when people were looking for a deal. Not anymore. That's…

The debt crisis in Greece is ample proof that the world is still reeling from the global financial crisis that occurred in the aftermath of Lehman Brothers' collapse in September 2008. Initially only a handful of governments like Pakistan, Ukraine, Iceland and some Eastern European were affected by the credit crunch. These countries had to borrow money to meet their debt obligations and ensure fiscal stability. But now, the crisis…

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After returning from Brussels, General Kayani met Urdu columnist of Pakistani papers and informed them of the "sacrifices" rendered by the Pakistan army in "war on terror". Later these details were released to the media by the public relation wing of the Pakistan armed forces, ISPR According to these details 30,452 people have been killed and injured from 9/11 to date in Pakistan. Out of these 8,785 are military personal…