Role of KGB and CIA in the 1971 India-Pakistan War

During the 1971 India-Pakistan war, the Soviet Union’s KGB and the United States’ CIA played significant roles by supporting their respective allies. The KGB facilitated military assistance and intelligence sharing with India, while the CIA provided military aid and intelligence to Pakistan. These actions reflected the broader Cold War dynamics, influencing the conflict and contributing to the eventual creation of Bangladesh. The involvement of these intelligence agencies underscored the global stakes of the regional conflict.

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Pakistan Launches Operation Azm-e-Istehkam Against Terrorism

Pakistan has initiated Operation Azm-e-Istehkam, a comprehensive and coordinated effort to eradicate terrorism and extremism. Spearheaded by Prime Minister Shehbaz Sharif, this operation underscores the nation’s unwavering resolve to restore stability and security, emphasizing both kinetic and non-kinetic measures. This move is crucial for Pakistan’s survival and prosperity, marking a renewed commitment to combating internal threats and ensuring a safer future for its citizens.

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António Costa: New Chairman of the European Council

### António Costa: New Chairman of the European Council

António Costa, born in Lisbon in 1961, has had a distinguished political career. Starting in the Socialist Party (PS), he rose through the ranks, serving as Minister of Parliamentary Affairs and Mayor of Lisbon before becoming Prime Minister of Portugal in 2015. Costa’s leadership saw significant economic recovery and social reforms in Portugal. On June 27, 2024, he was elected Chairman of the European Council, where he is expected to focus on fostering EU unity and addressing economic challenges. Costa is known for his pragmatic and inclusive approach to politics.

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Navigating the Future: Capitalism, Socialism, and the Evolution of Economic Systems

The future of economic systems hinges on the debate between capitalism and socialism. Capitalism’s focus on private ownership and market competition has driven global growth but faces criticism for widening inequality and environmental impact. Meanwhile, socialism advocates for redistribution and social safety nets to address disparities. The path forward may blend these ideologies, balancing economic efficiency with social equity and environmental sustainability.

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Islamic Economic Principles and Their Intersection with Capitalism: Perspectives and Practices

This article explores the intersection of Islamic economic principles with capitalism, highlighting their distinct perspectives and practices. While both systems recognize private ownership and trade, Islam emphasizes ethical guidelines, wealth redistribution through zakat, and the prohibition of usury. These principles influence economic activities in Muslim-majority societies, shaping practices such as Islamic banking, sukuk bonds, and takaful insurance. Understanding these intersections provides insights into how cultural and religious values impact economic systems globally.

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Is Capitalism Dying Out? Understanding Its Evolution, Current Stage, and Future Prospects

Capitalism, defined by private ownership and market competition, has evolved through stages like mercantilism, industrial capitalism, and neoliberalism. Currently, we see techno-capitalism and financialization dominating the landscape, marked by tech giants and financial markets. However, capitalism faces significant challenges, including economic inequality, environmental degradation, and technological disruptions. The future may involve reforms, sustainable practices, alternative economic systems, or continued tech dominance, depending on how societies address these issues. Balancing growth with social equity and sustainability is crucial for the future of capitalism.

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