Civil War
UNION Home Minister Prakash Chand Sethi has elevated the art of governance to a fine degree of pettifoggery. Political interference in the bureaucracy is not…
LETTER FROM THE EDITOR
THERE are, said the poet Wallace Stevens, 13 ways of looking at a blackbird. The essence of that particular truth came home forcefully last fortnight…
Privatisation Proves to be Gordian Knot for Manila Trust
10 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 10, Reuter – A sword poised over a Gordian knot is the official…
W. GERMAN MINISTER EXPECTED TO BOOST EUROPEAN TIES TO MANILA
16 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 16, Reuter – West German Minister of Economics Martin Bangemann is expected to…
CHINA DISCUSSING SIX LOANS WITH ASIAN DEVELOPMENT BANK
18 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 18, Reuter – China is negotiating with the Manila-based Asian Development Bank for…
PHILIPPINE AIR LOSS SAID TO THREATEN PRIVATISATION
27 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 27, Reuter – Philippine Airlines Inc’s loss in the 1987/88 fiscal year may…
Hello, Tomorrow
I had my epiphany on a Seoul subway in 2004. All around me, young men and women rode to work silently, mesmerised by television programmes…
HOLLOWING OUT
Privatisation will work only when the government sells more than 50 per cent of a state-owned company’s capital to the public and relinquishes management control.…
SELL SELL SELL
Two numbers speak eloquently about our schizophrenia over privatisation: the Rs 2.11 trillion ($32.5 billion) package announced on October 24 to recapitalise public-sector banks (PSBs);…
VULTURE CULTURE
PSYCHOPATHY. VOYEURISM. SADISM. Schadenfreude. Vicarious pleasure. Blood lust. You will find several terms to describe the human tendency to find a strange satisfaction, indeed fulfilment,…