Last update: Sat, 06 Feb 2016 08pm

Articles and Letters: Articles


The following are excerpts from SBP's quarterly report 2015-16 - The State of Economy:
Republican candidate Marco Rubio netted a strong third place in the Iowa caucuses. Can he capitalise on the momentum to emerge as the party's choice for president? Marco Rubio has a target on his back. The Republican senator from Florida finished only third in the Iowa caucuses, but his rivals in the crowded field of US presidential candidates now see him as their chief threat and have stepped up their attacks accordingly ahead of Tuesday's vote in New Hampshire.
"One must congratulate Dar for convincing the Fund team to release the next tranche within the stipulated schedule of talks."
On February 1, 2016, Pakistanis were expecting a reduction of at least Rs 15 per litre in petrol's price as Arab Light Crude Oil reached a new low in the last 13 years. A source in Ministry of petroleum said on January 30, 2016 that the price of petrol was "likely to go down by Rs 10.37 per liter, while high speed diesel would by Rs 15, high octane by Rs 9, kerosene oil by Rs 8, while price of light diesel would be slashed by Rs 11 per liter." To everybody's utter dismay, the government provided just Rs 5 relief for all petroleum products, which was totally unjust. In its summary, the Oil and Gas Regulatory Authority (Ogra) proposed a cut of Rs 7.56 per litre (9.9 percent) in price of petrol. Petrol is a fuel widely used in cars and motorcycles owned by middle class commuters. The price of high-speed diesel (HSD) oil, a fuel used by transportation businesses and farmers, was proposed to be reduced by Rs 11 per litre (13.6 percent).
Pathankot was a cold-blooded effort by vested and motivated interest to derail the start of the comprehensive "dialogue" between India and Pakistan, and in that they have succeeded, at least temporarily. The moot point is, was it contrived by "state" actors and/or "non-state" actors, or a mix and match from either side?
After a supposedly docile Year of the Sheep, astrologists expect 12 months of greater uncertainty with the arrival of the Monkey on February 8. Common lore in China predicts the Year of the Monkey 2016 will bring some disharmony, especially at sea. With Beijing on a collision course with its neighbours over its assertive territorial claims in the South China Sea, some astrologers predict a difficult year for the region.
"So what did you think of the narrative from the Prime Minister?"