UBL2010年6月全球经济研究简报.pdf

U N I T E D B A N K L I M I T E D Economy Review Contents Politics – The Next War 1 Inflation Down but Not Out 2 Current Account Stays Firm but Risks Persist 3 Economic Recovery to Continue 4 UBL Research June 24, 2010 .pk All rights reserved. UBL Research 2010 SEE LAST PAGE FOR IMPORTANT DISCLOSURES U N I T E D B A N K L I M I T E D Economy Review – June 2010 The Next War? Reports have emerged that the Pakistani-based militant group, Lashkar- e-Taiba (LeT), has expanded its operations in Afghanistan, targeting both Afghans and Indians. LeT has allegedly set-up training camps, which has led to volatility in relations between Pakistan and India. Although, Pakistan no longer supports the militant group, escalation in such activities, particularly against Indian targets, could be a glimpse of what may unfold as the July 2011 deadline for withdrawal of American forces in Afghanistan approaches. W