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During the first quarter of the current financial year, the foreign direct investment (FDI) witnessed a sharp decline of 24% hitting the lowest FDI level in a decade. What is worrisome is that the FDI is on a steep decline since a couple of years and the trend shows further decline.

Diplomats have quietly launched a new push to induct India into a club of nuclear trading nations, but rather than increasing stability in South Asia, the move could escalate strains with rival Pakistan. The chairman of the Nuclear Suppliers Group (NSG) visited New Delhi recently to meet Foreign Minister Sushma Swaraj as part of a diplomatic "outreach" that seeks to build a consensus to admit India at its annual meeting next June.
Pedalling a bicycle through a freezing blizzard, Rehman finally crosses the border between Russia and Norway where he hopes to be given asylum, half a world away from his home in Pakistan. "It's snowing. It's slippery and very cold, and very hard because some people don't know how to bike," says the strapping and affable 34-year-old, exhausted but relieved to have reached the end of his long odyssey.
"Why is Mian sahib politicking so much these days? Yes the last phase of the local bodies is scheduled for 5th December but surely..."
After the comments of the CoAS about 'governance' became common knowledge, for the past fortnight official spokesmen have been busy pointing out how "good" has been the governance of the state under the PML-N regime. They may go on denying governance failures in the context of containing corruption that finances terrorism but what about the other gruesome failures?
The British used to be past masters in the art of trading favours to secure their interests in the European Union. But since 2010, Prime Minister David Cameron's government has largely neglected the practice to avoid upsetting sceptics in his ruling Conservative party who resent Britain's loss of sovereignty to the EU. Partly as a result, London's influence in the corridors of Brussels has diminished.
By the end of President-elect Mauricio Macri's first four-year term, Argentina will have doubled wheat shipments and surpassed Russia and Brazil as a corn exporter, by some estimates, as the abandonment of years-long trade restraints unleashes the full potential of the country's vast Pampas farm belt. Opposition leader Macri beat ruling party candidate Daniel Scioli in Sunday's election, effectively ending the eight-year, production-sapping feud between farmers and outgoing President Cristina Fernandez, who clamped down on shipments of food-related grains in a bid to damp double-digit inflation.


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Foreign Debt $62.649bn
Per Cap Income $1,512
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WeeklyNovember 23, 2015
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