On May 28, 1998, Amidst a turbulent domestic political environment and against the international community’s advice, Pakistan responded to five nuclear arm tests conducted by India with nuclear arms tests of its own – this exacerbated Pakistan’s already precarious situation and pushed it over the edge into crisis mode. As suggested in the Middle East Economic Digest, “Pakistan has put national pride ahead of economic prudence by testing its nuclear devices.”
Economics
Economic Stimulus Package 2008 Details
Public Policy
Stimulate Me. Taxpaying individuals will receive at least $600 in the form of a rebate check this May thanks to the U.S. government’s Economic Stimulus Package of 2008. This is going to cost the government $145 Billion (msnbc.com, Jan 08) . The rebate check will be delivered to about 160 million American families (cnn.com, Apr 08).