Word: lankan
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...attacks by fighters ready to die is nearly impossible - the militants' ability to penetrate such high-profile targets in major cities will inspire little confidence. The latest attack was the fourth major one in Lahore in the past seven months, including the March 3 attack on the visiting Sri Lankan cricket team and the May 27 bombing of the Inter-Services Intelligence agency's regional headquarters...
...followed. At 9 a.m., in an apparent attempt to commit suicide, he set off the explosives, injuring himself and five commandos. His injuries were severe but he was captured alive. The hope is that Aqeel, who was earlier suspected of being behind the March attack on the visiting Sri Lankan cricket team in the heart of Lahore, may prove crucial in unearthing the elaborate network of terror cells that are suspected to be seeded throughout Punjab. (See pictures of the deadly attack on Sri Lanka's cricket team in Pakistan...
...Before the attack on the Sri Lankan team, Aqeel's group had already won a fearsome reputation as al-Qaeda's foot soldiers in Pakistan and pioneered the terrorist attacks that have now become depressingly common. An offshoot of the Pakistani anti-Shi'ite Sipah-e-Sahaba militant group, LeJ gained notoriety in 1998 after attempting to assassinate then Prime Minister Nawaz Sharif. After al-Qaeda leadership arrived along the Afghan border, LeJ underwent a transformation, says militancy expert Rana. "They developed a nexus with foreign militants there. In many major attacks, LeJ was involved, including the killing...
...chilling effect on March 30, when Taliban attackers wearing police uniforms stormed a police academy just outside the eastern city of Lahore, leading to an eight-hour firefight before paramilitary troops and police commandos eventually overwhelmed the militants. That attack came just weeks after gunmen attacked the visiting Sri Lankan cricket team in the heart of Lahore. In both instances, while the operation was surely orchestrated from South Waziristan, the attackers were traced to southern Punjab, where Taliban-linked militants are burgeoning. (See TIME's photo-essay "Pakistan Beneath the Surface...
...wide enough, you'll comfortably take the currency risk," says Johanna Chua, chief economist with Citigroup in Asia. In fact, Chua says, the dollar carry trade has become so widespread among traders in Asia it has even triggered buying of more exotic and illiquid currencies like the Sri Lankan rupee. "That's the ultimate carry trade," Chua says...