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Just when signs of improving economic conditions put a dent on global gold prices, the World Gold Council comes up with a report that highlights the importance of the precious metal even more.
Legislators in Khyber-Pakhtunkhwa (KP) reached consensus over the appointment of a caretaker Chief Minister for the province on Friday, thus taking the lead over other provinces and the Federal Government in transitioning towards the General Elections 2013.
From the highest to the lowest and with the economy tumbling after, the Jack-and-Jill journey of foreign direct investment has been one ferocious reality of the government’s failure to boost investment.
The rejection of PIB auction bids by the cash-strapped government, which was once seen as a rare happening, now appears to be frequent tale. For the third time in a row, the government has rejected the whole lot of bids put forth by the dealers.
The National Assembly is completing its constitutional five-year term tomorrow. Holding the elections on time would mark a successful political, democratic transition-a first for Pakistan! The historic nature of these anticipated events must, however, force a change of expectations the electorates attach to their representatives and a shift in thinking about what the latter are actually supposed to do for the former.
As the 100 billion Baht rice pledging scheme monster bears down on Thailands budget, news has been hitting media outlets this week about the Thai Governments plans to finally trim the pledged price.
Theres a reason why water is one of the four essential elements on this planet. And the Asian Development Banks report Asian Water Development Outlook 2013 (AWDO 2013) highlights this reason even more. Two problems are highlighted in particular by the report: first, that there is inequitable distribution of water amongst rich and poor households in urban and rural areas; and secondly, that 80 percent rivers in Asia are in poor health, thanks to ineffective resource management.


Index Closing Chg%
Arrow DJIA 18,096.90 0.58
Arrow Nasdaq 4,967.14 0.26
Arrow S&P 2,098.53 0.44
Arrow FTSE 6,919.24 0.44
Arrow DAX 11,390.38 0.98
Arrow CAC-40 4,917.35 0.99
Arrow Nikkei 18,703.60 0.59
Arrow H.Seng 24,465.38 0.96
Arrow Sensex 29,380.73 0.72

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln