Many societies today face the economic problem of an “outsized” banking system, too powerful in its influence and too distortionary in its impact for the rest of the economy to function properly. In the United States, this problem is often framed as “Main Street vs. Wall Street,” and I have discussed the repercussions of the matter during
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Cyber warfare has revolutionised contemporary warfare beyond traditional direct military engagements by using non-kinetic means to achieve defined military objectives. It plays a critical role, from intercepting enemy communications to degrading critical infrastructures. Moreover, cyberwarfare provides cost-effective, covert,
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‘Now I am become Death, the destroyer of worlds,’ said J. Robert Oppenheimer after realising that his pivotal role in the making of atomic bomb could be ruination for humanity. In contemporary times, technologically driven Revolutions in Military Affairs (RMA) are increasingly displacing human roles in the military,
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In the escalating theatre of great power competition, semiconductors have emerged as indispensable actors. These tiny components, often smaller than a fingernail, are the backbone of a wide array of applications, from communications and aerospace to automobiles and advanced weapon systems.
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Cyberspace is commonly defined as ‘the online world of computer networks, particularly the Internet.’ Its utilisation spans both personal and professional domains, encompassing activities from entertainment and communication to business and the arts, thereby accommodating the full spectrum of contemporary human endeavours
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Like the other facets of life, the news media industry has not remained stagnant to rapid digitalisation and internet penetration. The mainstream news media has traditionally been seen as the watchdog in any democratic set-up. However, the advent of the internet revolutionised the media industry landscape.
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On 12th June, Pakistan’s coalition government unveiled the proposed budget for the fiscal year starting 1st July with a total outlay of PKR 18.9 trillion, representing an almost 25% jump from the outgoing year’s revised expenditure estimates. As always, the upcoming fiscal year’s budget had different meanings for different stakeholders
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In the modern digital age, cyberspace has become an integral part of our daily lives, shaping how we communicate, conduct business, and interact with the world. However, as cyberspace transcends physical borders, it poses unique challenges to traditional
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Over the past four decades, innovations in wireless telecommunication technologies have driven progress globally with 5G being their latest iteration. South Korea spearheaded the deployment of 5G in 2019, recognising its transformative
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Contemporary air warfare has significantly evolved across various levels of engagement. Recent combat trends in the Russia-Ukraine conflict highlight the changing nature of air warfare in this domain. During this conflict, the use
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