There is no respite to global economic slump and falling commodity prices are evidence. Europeans are finding it hard to get out of recession. The Chinese slowdown too is signaling recession graduating into depression. The only hope for the world that there is economic pick up in the biggest economy, the US.
Amid fidgets and blank stares, many Saarc leaders looked uncomfortable in Kathmandu, portraying a bunch of bored students wanting their philosophy class over soon. Since the regional forums inauguration in 1985, territorial rivalries have soured most of the eighteen leadership summits so far. At its best, the summit is a pleasantry-exchange point; at its worst, a necessary discomfort for the big boys.
Yes, you heard it right! The world is gradually moving into digitalizing the pharmaceutical industry. HealthKit, HealthTap, Doctor on Demand in the US is one of the classic examples of how the traditional pharma industry is gradually transforming into an electronic brain.
Kudos to Finance Minister Ishaq Dar for another feather in his cap! Pakistans re-entry into the Sukuk market after a hiatus of many, many years has been completed successfully, despite all the political dharnas, which, in Dars own words, have been hampering the economy and shooing away foreign investments.
People fond of narratives would love this: each of the last four decades has witnessed a generational shift in mobile communication technology. The first-generation (1G) analog mobile technology was introduced in the 1980s. It was replaced in the 1990s by 2G, a digital standard, which added texting and basic internet to voice offering. 3G came along in the 2000s with high-speed mobile broadband. 2010s belong to 4G, which is offering tremendous video streaming capability on top of voice, data and messaging.
Even the temporary bailout by the government last year and the subsequent measures like rise in power tariffs didn stop inter-corporate circular debt from brimming. But now the market is hailing the decline in international crude oil prices to bring respite to the circular debt challenge.
The winters are upon us. So are the usual dilly-dallying tactics when it comes to providing natural gas to different sectors. The government, it appears, is yet to make up its mind on how to prioritise natural gas across sectors these winters. From the fertiliser perspective, it is imperative the SNGPL network ensures timely and adequate supply of the raw material feedstock gas, failing which could create trouble.