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2025-01-24
An evil that must be ended In Pakistan, the deep entrenchment of unethical practices within both social and political spheres has led to a situation where such behaviour is no longer seen as an anomaly but as the norm. Bribery, favouritism, and the manipulation of systems are often considered not moral failings but rather pragmatic tools for navigating the complexities of bureaucracy or overcoming the barriers of political hurdles. This normalization of corruption is the result of a long history marked by political instability, weak governance, and the absence of strong institutional frameworks. In such an environment, those who strive to uphold integrity are often seen as naive or unrealistic, while those who engage in these morally questionable practices are regarded as smart or resourceful. This mindset fuels a cycle in which dishonesty becomes the currency of success, reinforcing a system that rewards short-term gains over long-term justice and perpetuating a culture of corruption across all levels of society. The feeling of impunity among the wealthy and powerful elites only strengthens this cycle. Politicians, generals, judges, bureaucrats, and businessmen who hold significant influence in Pakistan often feel immune to prosecution, and many believe that their wealth and social connections protect them from accountability. This sense of powerlessness within the public leads to a lack of trust in institutions, reinforcing the idea that corruption is an unavoidable part of Pakistan’s political and social structure. As a result, many citizens view corruption not as a personal moral failing but as a necessary survival tactic in an unjust system where the ruling elites often remain unscathed. This systemic acceptance of corruption has contributed to Pakistan’s steady decline on Transparency International’s Corruption Perceptions Index (CPI). The failure of political and administrative leadership to implement meaningful reforms is a major reason for this persistent decline. Structural factors, such as a politicized legal system and weak institutions, have made it difficult to address corruption at its roots. Political patronage and cronyism complicate efforts to break the chains of corruption, as powerful elites often control state institutions and manipulate the system to their advantage. Moreover, political instability and changes in leadership frequently result in anti-corruption measures being viewed not as reforms but as political campaigns aimed at discrediting rivals. To effectively combat corruption, Pakistan needs to undertake comprehensive reforms across multiple sectors. A robust and transparent judicial system is essential for holding corrupt individuals accountable. Furthermore, political financing must be more strictly regulated, as corruption often stems from the unregulated flow of money in politics. Comprehensive reforms in political financing can help reduce the influence of money in elections and governance, ensuring that public office is not a tool for private gain. Another important step is to ensure the protection of whistleblowers, who often face retaliation for exposing corrupt practices. Establishing a legal framework that safeguards whistleblowers would encourage more citizens to come forward and report corruption without fear of reprisal. Despite the formation of institutions like NAB, which is tasked with investigating corruption and recovering misappropriated funds, the anti-corruption efforts in Pakistan have largely been ineffective. NAB has frequently been criticized for selective accountability, with those aligned with the ruling party often avoiding scrutiny, while political opponents are targeted. The lack of independence and slow progress in investigations has also tarnished its credibility. The pace at which cases are handled is often too slow, and in many instances, corrupt individuals settle for relatively minor penalties, which further erodes public trust in the system. Other anti-corruption bodies, such as the Federal Investigation Agency (FIA) and provincial offices, also face similar challenges due to political interference, lack of resources, and ineffective enforcement. The consequences of corruption in Pakistan ripple through vital sectors like healthcare, education, and law enforcement, causing profound harm to society. In healthcare, corruption diverts resources, fuels the theft of funds, and leads to the distribution of substandard medicines, leaving the poor to suffer in an inefficient system. Bribes for basic medical services erode trust, worsening public health. In education, misappropriated funds and bribery for promotions or grades create a broken system where ghost schools exist only on paper, perpetuating inequality and hindering progress. This corruption fosters a cycle of ignorance that stunts both individual potential and national growth. In law enforcement, bribery and political interference compromise the rule of law, enabling criminals to flourish and eroding justice. Such systemic corruption not only weakens institutions but also poisons the moral fabric of society. To break free from this cycle, Pakistan must strive for integrity and accountability, embracing justice as the foundation for true progress and equality. Corruption, with its deep and lasting impact, continues to hinder Pakistan’s development, eroding trust in institutions and deepening social and economic divides. It obstructs the potential for growth by diverting critical resources that could otherwise be used to foster prosperity, improve public services, and reduce inequality. As corruption becomes entrenched in the political system, citizens lose faith in the democratic process, leading to political apathy, disillusionment, and a sense of powerlessness. The resulting inefficiency and inequality trap the most vulnerable in a cycle of poverty, denying them access to essential services such as education, healthcare, and justice. Without substantial reforms and a genuine commitment to transparency, the cycle of corruption will persist, keeping Pakistan from realizing its full potential. Engaging civil society, strengthening media oversight, and ensuring public access to government records are key steps towards increasing accountability and fostering a culture of openness. Ultimately, only by confronting corruption head-on can Pakistan break free from its current constraints and begin building a future founded on justice, integrity, and progress, one where the ideals of democracy and fairness are not just aspirations, but attainable realities for all. Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );'It's not the same' as first practices take on different feel for defending champ Kernel boys basketballgenie scissor lift

Texas vs. Arizona State: How to watch, picks, odds for College Football Playoff quarterfinal Peach Bowl

NEW YORK (AP) — The founder and former CEO of the failed cryptocurrency lending platform Celsius Network could face decades in prison after pleading guilty Tuesday to federal fraud charges, admitting that he misled customers about the business. Alexander Mashinsky , 58, of Manhattan, entered the plea in New York federal court to commodities and securities fraud. He admitted illegally manipulating the price of Celsius’s proprietary crypto token while secretly selling his own tokens at inflated prices to pocket about $48 million before Celsius collapsed into bankruptcy in 2022. In court, he admitted that in 2021 he publicly suggested there was regulatory consent for the company's moves because he knew that customers “would find false comfort” with that. And he said that in 2019, he was selling the crypto tokens even though he told the public that he was not. He said he knew customers would draw false comfort from that too. “I accept full responsibility for my actions,” Mashinsky said of crimes that stretched from 2018 to 2022 as the company pitched itself to customers as a modern-day bank where they could safely deposit crypto assets and earn interest. U.S. Attorney Damian Williams said in a release that Mashinsky “orchestrated one of the biggest frauds in the crypto industry” as his company's assets purportedly grew to about $25 billion at its peak, making it one of the largest crypto platforms in the world. He said Mashinsky used catchy slogans like “Unbank Yourself” to entice prospective customers with a pledge that their money would be as safe in crypto accounts as money would be in a bank. Meanwhile, prosecutors said, Mashinsky and co-conspirators used customer deposits to fund market purchases of the Celsius token to prop up its value. Machinsky made tens of millions of dollars selling his own CEL tokens at artificially high prices, leaving his customers “holding the bag when the company went bankrupt,” Williams said. An indictment alleged that Mashinsky promoted Celsius through media interviews, his social media accounts and Celsius’ website, along with a weekly “Ask Mashinsky Anything” session broadcast that was posted to Celsius’ website and a YouTube channel. Celsius employees from multiple departments who noticed false and misleading statements in the sessions warned Mashinsky, but they were ignored, the indictment said. A plea agreement Mashinsky made with prosecutors calls for him to be sentenced to up to 30 years in prison and to forfeit over $48 million, which is the amount of money he allegedly made by selling his company's token. Sentencing was scheduled for April 8.Why This Macbook Air Can be the Perfect Laptop for Cost-Conscious Business Owners

Morgan State hopes for end to recent skid with visit to MinnesotaTexas vs. Arizona State: How to watch, picks, odds for College Football Playoff quarterfinal Peach Bowl

Minnesota is focused on one final task before it sets its sights on the Big Ten Conference season. The Golden Gophers (7-5) will look to finish 2024 on a high note when they host Morgan State on Sunday afternoon in Minneapolis. It will be the final nonconference game for Minnesota before it begins conference play in earnest with a home date against No. 21 Purdue on Thursday. Meanwhile, Morgan State (6-9) is hoping to break out of a skid that has included seven losses in its past 10 games. The Bears are coming off a 99-72 loss against No. 3 Iowa State on Dec. 22. The highest scorer on either team is Minnesota's Dawson Garcia, who is averaging 19.2 points to go along with a team-high 7.3 rebounds this season. Garcia is shooting 49.7 percent from the field, 85 percent from the free-throw line and 31.8 percent from 3-point range. Mike Mitchell Jr. ranks second on the Golden Gophers with 11.6 points per game. Lu'Cye Patterson is next with 10 points per contest, and Parker Fox is fourth with 6.8 points per game. "At the end of the day, we're all here for a reason," Mitchell said. "We have to produce when we're out there, but once (Garcia) gets going, it helps us all figure it out together." Minnesota coach Ben Johnson has seen opponents focus on slowing down Garcia as the season has progressed. That strategy could create opportunities for other teammates, he said. "Teams are always going to guard Dawson differently," Johnson said. "Are they not switching ball screens? Can you play through him in the post? ... When you get two on the ball, you can (kick) it out. Now you've got an advantage on the backside." For Morgan State, Wynston Tabbs leads the way with 16.1 points per game on 45.9 percent shooting from the field. Three other players are scoring in double figures: Amahrie Simpkins (12.7 points per game), Will Thomas (12.1) and Kameron Hobbs (10.7). Morgan State coach Kevin Broadus wants his players to be more disciplined on defense. "That's one of the things that we have to change," Broadus said. "We're fouling too much." This is the second meeting between the schools. Minnesota pulled away for a 94-64 win on its home court in the inaugural matchup on Dec. 8, 2009. --Field Level Media

Boys basketball photos: No. 18 Arts vs. Weequahic, Saturday, Dec. 28

When it comes to buying top Canadian stocks while they’re undervalued, a 10% discount may not seem that significant. After all, there are plenty of stocks, whether they are value stocks, growth stocks or dividend stocks, that trade at much larger discounts, enticing investors to buy now. However, although a significant discount may seem more attractive, often, the stocks that are most undervalued are also the stocks that are struggling the most. Furthermore, just because a stock has traded higher before, it doesn’t mean it will reach that level again, especially for lower-quality businesses facing significant headwinds. That’s why investors are much better off buying the highest-quality stocks on the market, ones with significant long-term potential. You may not get the same discount when buying the stock, but these businesses have far more potential five and 10 years down the road. Conversely, a stock that appears cheap but lacks significant growth potential might only rebound to its fair value, offering little opportunity for further gains or sustained increases in shareholder value over the long term. So, with that in mind, if you’re looking for top Canadian stocks to buy right now while they are off their highs, here are two of the very best. One of the best growth stocks in Canada to buy right now As I mentioned before a 10% discount may not seem like much, but for a stock like ( ) having the opportunity to buy while its off its high is a significant opportunity. Dollarama has been growing rapidly for years now, both from a share price standpoint and a business operations standpoint. It’s one of the best and most unique businesses because it can take advantage of cheap capital and grow its operations when the economy is strong. However, it also sees a massive boost in sales when the economy faces significant headwinds and consumers are looking to stretch their budgets. Therefore, it’s no surprise that in just the past five years, its sales have increased at a (CAGR) of 10.6%. Furthermore, its normalized (EPS) have increased at a CAGR of 16.3% over those five years. Plus, as Dollarama continues to grow its Canadian business, it’s also now looking for new ways to find growth, such as its investment in the Latin American discount retailer Dollarcity. So, with Dollarama stock now trading at a forward (P/E) ratio of just 31.6 times, down from the high of 35.3 times it just reached back in early November, it’s easily one of the best Canadian growth stocks to buy now. An impressive financial stock trading off its highs In addition to Dollarama, another top-notch Canadian growth stock to buy now is ( ), a stock that’s down more than 20% from its highs. For years goeasy has grown its business rapidly both by finding new avenues of growth, but also by managing its risk. As a financial stock that primarily offers consumer loans to borrowers with below-prime credit ratings, goeasy certainly has a tonne of potential as long as it can manage its risk, which is precisely what it’s done. With charge-off rates almost always within its target range, goeasy earns huge returns on its equity each quarter, increasing shareholder value rapidly. In fact, Dollarama is one of the best and most impressive stocks to buy in Canada, and goeasy’s growth over the last five years has significantly outpaced it. For example, in the last five years, goeasy has increased its revenue at a CAGR of 19.8% compared to Dollarama’s still impressive growth rate of 10.6%. In addition, goeasy’s normalized EPS has increased at an incredible CAGR of 31.9% compared to Dollarama’s growth rate of 16.3%. Therefore, with goeasy offering an even more significant discount, as well as a dividend of just under 2.9%, it’s easily one of the best growth stocks to buy now. Not only does it trade at a forward P/E ratio of just 8.5 times, which is actually below its five-year average of 10.5 times, but you can also earn passive income while you hold goeasy and wait for it to rally back to fair value and beyond.South Korea lifts president's martial law decree after lawmakers reject military rule

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