Wednesday, August 20, 2008

A narrow window of opportunity in Pakistan

KARACHI (August 21, 2008):

Stocks shined for two days on hopes for political and economic stability in the country. However, the situation was quite troublesome two days after Musharraf's resignation, mainly on reports that the coalition partners are squabbling over the restoration of judiciary, resulting in a sort of cracks in an already fragile coalition.

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