Loud Thinking

Posts Tagged ‘My Views’

Believe is to follow a credo; have a faith; be a believer.

“Keep your dreams alive. Understand to achieve anything requires faith and belief in yourself, vision, hard work, determination, and dedication. Remember all things are possible for those who believe.”

Gail Devers (born 1966);
Three-time Olympic 100 Meter Champion

Is IMF ringing the death knell for the economy?

An alarming news article published by the daily “Pakistan Today”.

Pak caught into currency devaluation trap: PEW

ISLAMABAD – The Pakistan Economy Watch (PEW) on Thursday said that the local currency was being destroyed deliberately on the command of IMF. The negotiating team of the international lender trapped Pakistani officials during face-to-face negotiations which pushed country into a severe currency crisis. The IMF team that carefully laid this trap knew that Pakistanis were highly unlikely to walk out of the talks even if the vital national interests were to be compromised, said Dr Murtaza Mughal, President of the PEW. Rupee has shed over nine per cent value against major currencies, especially USD since PML-N formed government which speaks of the competence of their economic managers, he said. Dr Murtaza Mughal said the situation had dented the confidence of masses and business community while it was hurting the popularity of the party which claimed to be promoting pro-business policies. He said the situation had not only exposed the claims of SBP governor and the finance minister but it had been pushing up cost of living and cost of production which was leaving masses in a lurch and ensuring retreat of locally manufactured products from the international markets. The situation will hurt forex reserves, augment loans, trigger unemployment and deteriorate law and order situation which will push millions of unemployed to indulge in terrorism, crimes or suicides. The failure of economic managers and the SBP will also hit remittances and give a new life to the illegal business of hawala and hundi, he observed. Dr Murtaza Mughal said that Pakistan imported fossil fuel and edible oil worth 18 billion dollars which will be enough to make life of dejected masses more miserable. In a situation when economy was leading on path of destruction, the SBP governor and the finance ministers were enjoying foreign trips while finance ministry officials had embarked upon an unending round of useless meetings, he noted. He said the IMF released only 540 million dollars as first tranche pushing our managers to take 625 million dollar loan from commercial banks which worsened the situation. On the other hand, the IMF is so happy with their success that they are not leaving any opportunity to praise the ‘reforms’ of incumbent government, he added.

Help Your Company Cut Back on Email

You can’t control how many emails you receive, but you can control how many you send. In a recent study, one firm’s workers followed suit when their executives reduced overall email output. You can spark a similar reduction and improve efficiency across your organization by doing the following:
Choose the right medium. Consider whether your communication merits a phone call or in-person meeting, where vocal tone and body language provide real-time feedback on how clearly a message is being understood.
Be deliberate. Don’t forward messages unless strictly necessary, and limit the number of recipients on each outgoing note.
Make it real. Set a target for reducing the number of messages you send. Include it in your performance goals to keep yourself honest.

Adapted by HBR from “To Reduce E-mail, Start at the Top,” by Chris Brown, Andrew Killick, and Karen Renaud.

Sikh rights violation case: US court issues summons to Manmohan Singh (A TOI report)

This is a very interesting news because, now courts of Iraq can also summon George W Bush, for attacking Iraq on a wrong premise of WMD’s as admitted by America itself and wrongfully killing about a million Muslims.

And then Pakistani courts can also issue summons for Barack Hussain Obama, for ordering illegal (also confirmed by the SG of the UNO) drone attacks even on the funeral processions, in Pakistani areas.

Confidence is the feeling that one can rely on themselves.

“Confidence, like art, never comes from having all the answers; it comes from being open to all the questions.”

Earl Gray Stevens –

24 K golden words..!

“Be so strong that nothing can disturb your peace of mind. Talk health, happiness, and prosperity to every person you meet. Make all your friends feel there is something special in them. Look at the sunny side of everything. Think only of the best, work only for the best, and expect only the best. Be as enthusiastic about the success of others as you are about your own. Forget the mistakes of the past and press on to the greater achievements of the future. Give everyone a smile. Spend so much time improving yourself that you have no time left to criticize others. Be too big for worry and too noble for anger.”

— Christian Larsen

Stop Talking About Yourself When You Apologize

Admitting a mistake can fall flat if you apologize the wrong way. The victim of your screw-up does not want to hear about you. Instead ask yourself: Who am I talking to, and what is he or she looking for in my apology?
A stranger or mere acquaintance wants you to offer compensation or some redeeming action. Compensation can be tangible, like paying to repair your neighbor’s fence when you accidentally back your car into it, or emotional, like being extra thoughtful.
Your colleague or friend wants empathy. When you recognize and express concern over the suffering you caused, the victim feels understood and valued, and trust is restored.
Your team wants an acknowledgement of the rules and norms you violated. Basically, you need to admit that you broke the code of behavior of your social group or organization, and that you recognize you let them down.

Adapted by HBR from “The Most Effective Ways to Make It Right When You Screw Up,” by Heidi Grant Halvorson.

“Find a place inside where there’s joy, and the joy will burn out the pain.”

— Joseph Campbell