Word: grare
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...Mehsud had been party to an agreement with the Pakistani government to cease his protection of al-Qaeda in his region. The Pakistani government has since then considered the agreement to have been broken. Says Frederic Grare, a former French diplomat in Pakistan and a scholar at the Carnegie Endowment for International Peace, "Mehsud is a very convenient [person to blame]. He?s the bad guy in the trouble areas." He asks, "Why would Mehsud be willing to kill Benazir? Beyond the stated fact that she?s against extremism. How do [Mehsud's people] benefit from Benazir?s assassination...
...probable there are links between Lashkar-i-Jhangvi and al-Qaeda," says Grare, "but it is certain they do have links to the government." He adds, "If the government itself says Lashkar-i-Jhangvi is involved, it is suicidal because it opens the door to speculation about their own role." Indeed, while Pakistani authorities have had a hand in encouraging groups like Lashkar-i-Jhangvi and Lashkar-i-Tayyba, Islamabad has done little to systematically dismantle these jihadist "armies" now that their original purposes - fighting the Soviets and supporting the Taliban in Afghanistan or fighting the Indians in Kashmir...
...dollar against the Swiss franc in a single day? It's out of this world!" Money traders worry quite as much as any finance minister about what the drop in the world's central trading currency is doing to the global structure of finance. Says Michel Grare, trader for Credit Lyonnais, a major French bank: "It's very worrying if one can't believe in the U.S. What, after all, is Switzerland? It could be fragile." Not a few money traders openly pine for the pre-1973 days of fixed exchange rates, when their business...
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