The Neighbourhood/World
Pity the nation - Riaz Ali Toori, Pak Tea House
Our history is replete with judicial transgressions and military interventions, the implications of which can be very unnerving. A quick glimpse at Pakistan’s history would reveal that when the dictator, General Ayub Khan deposed Iskandar Mirza, the change was welcomed but what did we ultimately reap?
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Syria: Outside patronage and a new offensive for the regime - Stratfor
China ready to talk FTA with India - FinancialExpress
US immigration bill may force jobs to be shipped overseas: Silicon Valley executives - Economic Times
The fear of China's economic downfall - Daily Beast
Will Nawaz Sharif be different the third time? - Rajiv Dogra, DNA
US becoming energy kingpin - Sunil Kewalramani, Business Line
‘The economy, the economy, the economy’ - Rasheeda Bhagat, Business Line
Chinese hackers resume attacks on US targets - David E Sanger & Nicole Perlroth, New York Times
'Sophisticated' Indian cyberattacks targeted Pak military sites - Manu Pubby, Indian Express
Fill the trade basket now - Reshma Patil, Hindustan Times
End of the electables? - Cyril Almeida, Deccan Chronicle
The third coming: Peace in the air - Neena Gopal, Deccan Chronicle
Govt mulls action against Indians fishing in Lankan waters - Subodh Ghildiyal & Indrani Bagchi, Times of India
The worst Washington scandal since Watergate - Peggy Noonan, WSJ
Pakistan: A white tiger tale - Mariana Baabar, Outlook India
Anti-India demons haven't gone away - Hiranmay Karlekar, Pioneer
A myth that can devastate Tibet - Maura Moynihan, Rangzen
Changing class in America - Deepak Lal, Business Standard
Seize the Chinese moment - Srinath Raghavan, Business Line
Let’s accept stapled visas: Arunachal leader - Hindu
Senate approves Chandigarh-born Srinivasan's nomination to a top US court - Times of India
Indian origin students dominate Intel Fair in Phoenix - R Ravikanth Reddy, Hindu
PTI and PPP: What went wrong? - Raza Habib Raja, Pak Tea House
Wanted, an Afghan statesman - Vivek Katju, Hindu
In Sri Lanka, a new divide brings back old fears - Meera Srinivasan, Hindu
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Verbatim

There was for years an old "social contract" between politicians and business. This provided for complex rules and regulations that made it impossible to do business honestly in many fields. But it was possible to do business dishonestly, through pay-offs . Some called this "efficient corruption" : politicians took money and delivered clearances. However, the anti-corruption mood of the courts, and new fears of getting caught (like Pawan Bansal) have ended "efficient corruption" . Politicians may still take money but not deliver on clearances , what some call "inefficient corruption" that freezes investment and growth. The old social contract has broken down.
Swaminathan SA Aiyar
 

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