Monday, January 18, 2010

Withdrawing troops from Afghanistan can help US economy

Obama Announced bravely that at the end of 2010, we shall hand over the government to Afghans completely and US army will leave Afghanistan....

Its a very pleasing news as an Afghan, As a Pakistani and also as a US citizen.

Can Obama do that? in the circumstances when he is sending 6000 more troops to Afghanistan.
I don't think so he can do that. Because according to him he will ruin the terrorist camps from Afghanistan, before the end of 2010.

Its seems a very funny news because US cannot get rid of terrorist in 8 years then what will they do now? Afghanistan is going to be a dead hole for US, A new Vietnam.

In these circumstances Obama should take a brave decision and should leave Afghanistan this will save the face of US and also for the US economy.

Because billions of dollars are just wasted in the name of fight against terrorism but we are getting nothing except hopes.

US army withdraw will help US economy as we will at least save our precious money.

Sunday, January 17, 2010

Forex Market & Political Conditions

Internal, regional, and international political conditions and events can have a profound effect on currency markets.

All exchange rates are susceptible to political instability and anticipations about the new ruling party. Political upheaval and instability can have a negative impact on a nation's economy. For example, destabilization of coalition governments in Pakistan and Thailand can negatively affect the value of their currencies. Similarly, in a country experiencing financial difficulties, the rise of a political faction that is perceived to be fiscally responsible can have the opposite effect. Also, events in one country in a region may spur positive/negative interest in a neighboring country and, in the process, affect its currency.
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