Our liveblog on Pakistan and what’s next for the country after Osama bin Laden’s death starts at 10a.m. EST/3 p.m. BST tomorrow (Tuesday, May 10). We’ve already received some comments and queries for Myra MacDonald. Here is one: Myra, In Pakistan there is a lot of resentment in the relationship with USA and a sense of betrayal. Also, the troubled relations with India, means that Pakistan is besieged by many problems at different fronts at the same time. My concern and also the question to you is, is Pakistan heading towards isolation? given the strategic implications of the OBL raid and killing, will Pakistan manage to control the damage to its credibility and emerge as a normal country?
Please keep sending in your questions by posting them below in the comments section.
On Tuesday, May 10 at 3 p.m. BST/10 a.m. EST, Reuters is hosting a liveblog about Pakistan and what’s next for it after Osama bin Laden’s death. Reuters journalist Myra MacDonald, who runs the “Pakistan: Now or Never?” blog on Reuters.com, will answer your queries and respond to your comments so please leave them below in the “comments” section at the bottom of this post.
More specifically, Myra will discuss the role of the military in Pakistan, and its relations with both the United States and India. Her latest piece, “Pakistan’s mixed messages on bin Laden sow confusion”, tries to get to the bottom of whether Pakistan was involved with the raid on Osama bin Laden’s compound in Abbottabad, Pakistan. For more of her pieces, click here.
Keynes and Hayek are back. As rappers. For those who don’t know about these two economists, or can’t keep their philosophies straight, there’s a great rap video just out that clearly explains the warring ideologies of those two men, titled “Fight of the Century: Keynes vs Hayek Round Two.” And it is the fight of the century, or at least, right now. If Hamlet were giving a soliloquy about the economy, it would start, “to spend or not to spend. That is the question.” For John Maynard Keynes, the answer is to spend. For Friedrich August Hayek, the answer is to not.
What is interesting, and less known, about this economic rap video is that the idea for it didn’t come from an economist. Or anyone remotely close to being one. Instead, it came from a video producer named John Papola, who went to Penn State for film. And despite having worked at MTV after graduating from college, it’s also his first dive into rapping.
On Wednesday, May 25, there will be a Thomson Reuters Newsmaker in London. This is the second of the series “Is Africa Open for Business?”
Reuters Breakingviews Editor Hugo Dixon will moderate a panel with Amani Abeid Karume, who was President of Zanzibar from 2000 to 2010, Lord Paul Boateng, who was British High Commissioner to South Africa from 2005 to 2009, Arabia Monitor President Florence Eid and Nubuke Investments Managing Partner Tutu Agyare.
Reuters social media editor Stephanie Ditta has collected some excellent questions from Facebook and Twitter for World Bank President Robert Zoellick to hopefully answer during his live interview with us today at 2:15 p.m. Here they are:
Chaim Duchovny: Hello Mr. Zoellick. Do you think that the uprisings in the middle east were caused from economic gaps? If the answer is yes, what can the World Bank do in order to minimize such gaps?
As Reuters is approaching our live interview today at 2:15 p.m. with Robert Zoellick, here are some more questions we’ve received from our readers. Many thanks to our readers for writing in and tweeting @TRnewsmaker, hashtag #newsmkr. Please continue to do so and watch our live blog of the Newsmaker event.
What is your standing on the Portugal debt crisis? Will there be a bailout package done again and how does it plan to pay its debt? Isn’t there a debt ceiling?
What will be the impact of Middle East uprisings to the existence of Israel in long term?
Is this a deliberate collapse of the U.S. Dollar to move towards a global currency to unify the worlds finances?
In what way would going to an international currency benefit the United States? If the entire world moved to a world currency, would the value of a dollar fall?
Stay tuned for even more questions.
The Thomson Reuters Newsmaker with World Bank President Robert Zoellick is happening today, April 6, at 2:15 p.m. You can watch the live interview right here on Reuters. com. In the meantime, we’ve had a bunch of questions from our readers, including a high school student, whose questions are below.
This past year I represented Australia on the World Bank at the National High School Model United Nations conference, and accordingly I learned much about the World Bank and its functioning in the international stage. Here are my questions:
Right before this year’s World Economic Forum began, in a wide-ranging Newsweek interview, World Bank President Robert Zoellick gave detailed answers about his outlook for the year, the challenges that lie ahead and the struggles the world is currently facing ranging from the volatility of food prices to gold to unemployment to climate change.
Back in January, rising food prices were becoming a big concern, and when Zoellick was asked, “What is the biggest challenge facing the developing world in 2011?” he said it was “the risk of a big boost in food prices.” That issue could be addressed, according to Zoellick, by increasing food production in the developing countries and by lending more to smaller farmers. And the World Bank has a large role in that. It set up a Global Food Crisis Response Program (GFRP) in May 2008 to help the countries “hit hard by high food prices.” The Bank also manages a Global Agriculture and Food Security Program and is is increasing its investment in agriculture to around $6-8 billion a year. On their website, the Bank’s “Hunger Clock” estimates that there are over 935 million people worldwide that are undernourished. And their February 2011 Food Price Watch report says that since June 2010 there has been a net increase in extreme poverty of around 44 million people because of the spike in prices for basic food such as grains and sugar.
We already have some questions for World Bank President Robert Zoellick from our readers for his live video interview with Reuters at 2:15 p.m. today.
In response to the “Ask your questions” post, here are some queries already lined up in the queue for Zoellick:
Over a month ago the president of the World Bank, Robert Zoellick, wrote an opinion piece in the Financial Times about how the World Bank, the International Monetary Fund (IMF) and the G20 and G7 might be able to establish “a framework to manage a monetary system in transition” that would be more realistic for our modern day world.
The crux of the piece is that kings no longer make their country’s monetary policies thus these developing and emerging countries that are no longer being ruled by kings, or are overthrowing them, need to have monetary policies that work with the economically developed countries.