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At a distance of 410-km from Karachi in the Tharparkar District of Sindh and in the wilderness of Thar desert is located the Thar coalfield, the coal deposits of which are reported to be the 6th largest coal reserves in the world and one of the world's largest lignite deposits spread over 9000 sq km and contain around 175 billion tonnes - sufficient to meet the country's fuel requirement for centuries. This is estimated to be equivalent to 50 billion tons of oil equivalent to the total oil reserves of Saudi Arabia and Iran combined.

A raft of new cancer drugs promise better, longer-lasting treatments with fewer adverse side effects - but their high cost is a growing concern. Drugs that help the body's own immune cells fight tumours are expected to be used in multi-drug cocktails, pushing the price of therapies costing more than $100,000 a year even higher. At the same time, other expensive medicines are being combined to produce impressive results fighting diseases including breast and skin cancer.
Nigeria's ruling party has given President Goodluck Jonathan a free run for a second term of office at next year's elections but he faces a potential sticking point: is he even eligible? At least two cases to stop Jonathan from standing are currently before the courts, citing a clause in the constitution that prevents anyone from swearing the oath of office more than twice.
"Mian sahib says he is willing to listen to suggestions to improve his government's performance and..."
Last week, in an article in the Financial Times, columnist Victor Mallet concluded that Pakistan's phenomenal population growth rate (3.8 children per women), not politics, threatens Pakistan. At this growth rate, by 2050 population could exceed 395 million or nearly double its current level, and could be much more frustrated and hence ungovernable.
Europe's growth locomotive is on strike. With the eurozone economy stuck in a rut despite European Central Bank efforts to pump money into the system, pressure is mounting for Germany to use its healthy budget position to boost public investment, stimulate demand and spur growth. The answer from Chancellor Angela Merkel so far is an adamant "nein", spelled out firmly to visiting French Prime Minister Manuel Valls last week.
The prospect of the EU accusing Apple of getting illegal tax breaks in Ireland has reopened a debate on how European countries attract multinational businesses and puts Dublin back in the spotlight. The US tech giant, which has had its European base in Ireland since 1980, may have to repay billions of dollars if Brussels rules that its sweetheart tax arrangements with the Irish government are a form of illegal state aid.


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Foreign Debt $61.805bn
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WeeklySeptember 25, 2014
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