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The crashing of a passenger aircraft carrying hundreds of human beings is a tragedy that impacts the lives of thousands of the victims' survivors. Malaysian Airlines' flight MH17 tragedy was one such tragedies but for this airline it was overly damaging because it occurred less than five months after its flight MH370 crashed (or did it disappear?) killing hundreds of innocent passengers.

Dear simpleton, at the outset, there are two handbooks on how the global economy works, one is for the ruled, oops, poor developing nations and the other is for the rich developed nations; and both are poles apart. The latter, is hardly a few pages and basically lays down rules and pointers on how to invest surplus capital in the poor developing nations, by any means possible, and squeeze every ounce of profit available therein, to feed the need for continued capital accumulation. The consequent pain and waste is to be simply ignored and categorised as collateral damage.
The deadly Israeli offensive in Gaza has let loose an unprecedented wave of hate on media websites and social networks in France that moderators say they are struggling to contain. The bombardment by land, sea and air that has killed at least 425 Palestinians has enflamed tensions far afield from the Middle East, especially in France with its large Muslim and Jewish communities.
"The tiger has left the country for ten days."
As expected, there is no change in the policy rate. All 25 research houses contacted by BR Research were anticipating a status quo. Surprisingly, however, the State Bank of Pakistan''s language seems soft in the detailed monetary policy statement. The central bank has only talked about positive economic happenings, whereas the associated risks were largely missing. The usual severity in tone is missing. Apparently, someone high up in the SBP''s central board hasn''t paid heed to the warnings from the document presented by the monetary policy team.
A twelve-year-old boy named Asif on March 27, was brought into The Indus Hospital by his parents who at this point were grief-stricken and in shock. When he was admitted he was comatose as had been suffering from fever-induced fits. The father of the patient tearfully said, "He lost consciousness suddenly and we were so worried."
ImageThis is the first of a two part series analyzing the IMF third staff report as well as the Letter of Intent submitted by the government. Next week's article would focus on provincial surplus as a means to meet the budget deficit target and new structural benchmarks agreed by the government and their likely impact on sectors and the general public.

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln