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ImageThe nuclear sector (PAEC) has been in news recently for its NPP K2 siting proposal/decision within the city limits of Karachi. A lot of criticism has been made (including by this scribe) by the residents and community representatives of Karachi and other knowledgeable circles. PAEC response has been rather cryptic and wanting in appropriate detail. A deeper examination of this and some sober thinking reveals that Pakistan's nuclear power and strategic sector require some vitally-needed reforms. The issues and problems are deeper than one would tend to dub as a mere siting issue, although a large part of controversy has emanated from it. Those who ask questions should be able to point out possible solutions as well. It is in this spirit that I am writing this piece. Before proposing a package of reforms, we would like to outline the history of Pakistan's nuclear programme in order to get a perspective.

The backbreaking life of a roughneck, the iconic worker bees of oilfield drilling rigs, is getting a little easier. Schramm Inc, which built the drilling rig that four years ago helped rescue 33 trapped Chilean copper miners, has designed a 500,000-pound rig for the oil and natural gas industry that can walk, rotate 360 degrees, be operated with a remote control, and load pipe automatically.
When fighting erupted in Iraq's Anbar province in December, Abu Mohammed fled with his family to a virtually empty summer resort far to the north to take advantage of its off-season rates and wait out the conflict. But high season is about to begin in Shaqlawa, nestled beneath the Safin Mountains nearly 1,000 metres (3,280 feet) up, a place where Iraqis seek to escape scorching summer temperatures.
"So the rules of business were changed and now the Prime Minister would have to attend the Senate at least once a week." "I would like to highlight two prevalent elements: first, how many politicians or shall we say decision makers of political parties actually attend parliament and secondly...."
While we remain entangled in political conflicts like the hitherto unclear origin of the $1.5 billion that flowed in last month, the controversial LNG deal with Qatar, negotiating 'peace' with the TTP, deciding the fate of General Musharraf (Retd) and the implications it might have, some critical security issues are being sidelined with a high cost to be borne by the future generations.
Wi-Fi in the sky is taking off, promising much better connections for travellers and a bonanza for the companies that sell the systems. With satellite-based Wi-Fi, Internet speeds on jetliners are getting lightning fast. And airlines are finding that travellers expect connections in the air to rival those on the ground - and at lower cost. But the fast evolution of rival systems and standards, such as Ku band and Ka band, pose a big question for airlines: which one to choose?
When Goldman Sachs Group Inc filed its shareholder proxy earlier this month, it was free of a proposal that has become increasingly popular among corporate governance activists: a demand for more disclosure about lobbying. Goldman's big Wall Street rivals can't say the same. J.P. Morgan Chase & Co, Bank of America Corp, Citigroup Inc and Morgan Stanley all face lobbying-disclosure proposals this year. Some activist shareholders want the banks to be more transparent about their lobbying objectives, disclose more about the trade groups they belong to and say how much money they spend to influence policy.

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
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MonthlyFebruary
Trade Balance $-1.433 bln
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