The assassination of Benazir Bhutto on December 27, 2007 at an election rally in Rawalpindi raises serious doubts about Pakistan’s peaceful political transition to an era of democratic politics. Eight years of Musharraf’s rule has seen growing fundamentalism, political instability and ethnic disaffection. It was thought that reverting to a troika system would bring about the right balance between a democratically elected leader and the Army, which would help arrest disenchantment and address instability.

The imposition of emergency in Pakistan on November 3, 2007 highlights two significant points: the crisis of political legitimacy for Musharraf and the raging war in the tribal areas which has affected the morale of the Pakistan army. Musharraf highlighted the reason for emergency to save Pakistan from greater crises. He did not hesitate to name the judiciary as one of the problems that triggered the present action.

The recently concluded Foreign Secretary level talks in Dhaka between India and Bangladesh saw agreement on three broad issues. The first of these related to sharing of intelligence pertaining to security. Secondly, India agreed to provide greater access to Bangladeshi goods to the Indian market, as earlier announced by Prime Minister Manmohan Singh during the SAARC summit held in New Delhi. And thirdly, the two countries agreed to take steps to implement the 1974 Indira-Mujib land boundary agreement, which has been a long-standing demand of Bangladesh.

The Bangladesh National Party (BNP), which came to power in 2001, completed its term on October 28, 2006 amidst violent protests that saw 24 people losing their lives. Rejecting the BNP's nominee for the post of Chief Adviser of the caretaker government, the 14 party opposition alliance led by the Awami League (AL) called for a strike to press for an alternate Chief Advisor as well as for electoral reforms. A political crisis has, however, been averted by the country's President, who assumed the additional responsibility of the Chief Advisor.

The meeting between Prime Minister Manmohan Singh and President Musharraf on the sidelines of the Havana non-aligned summit is being projected as an important breakthrough on the issue of terrorism as well as with regard to the broad contours of Indo-Pak relations. The meeting was significant as it was held in the aftermath of the Mumbai blasts, which had led to some tough talk by India. This Indian outburst underlined the frustration and limits of its tolerance to Pakistan's continued support to terrorism.

Anxiety and uncertainty are perceptible even as Bangladesh prepares itself for the next elections scheduled for January 2007. As the incumbent BNP government prepares to transfer power to a caretaker government by the end of October 2006, there is a sense of visible unease about Bangladesh's political future, as many issues pertaining to these elections remain unresolved. It appears that a few issues need an amicable settlement before the ruling party hands over power to the caretaker government.