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US Missile Strike on Haqqani Compound; New President Faces Economic Mess in Pakistan

Juan Cole 09/08/2008

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New Pakistani president Asaf Ali Zardari will face the challenge of a struggling economy. The stock market has lost 40% of its value since last March, currency reserves are deplete, and high energy and food costs are hitting ordinary folk hard.

Aljazeera English examines the remarkable victory of Asaf Ali Zardari in Saturday’s presidential election in Pakistan.

Pakistan has unblocked the Khyber Pass for NATO to resupply troops in Afghanistan. It was apparently briefly closed to put pressure on the US to cease cross-border strikes on the Pakistani side of the border. There appears to have been another US missile strike on a Pakistani target on Sunday. It killed 3 militants and wounded 17 other persons. The strike seems to have been aimed at the house of Jalaluddin Haqqani.

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About the Author

Juan Cole is the founder and chief editor of Informed Comment. He is Richard P. Mitchell Professor of History at the University of Michigan He is author of, among many other books, Muhammad: Prophet of Peace amid the Clash of Empires and The Rubaiyat of Omar Khayyam. Follow him on Twitter at @jricole or the Informed Comment Facebook Page

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