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Interesting times await the eurozone and it would be even more interesting to see how its fate affects global oil prices. Germany is bracing itself to vote on the European bailout fund in which it is expected to pool in the lions share of over ?200 billion.
Take it as a compelling substitute for a laptop or view it as a fancy toy or a cool gadget; the reality is that tablet personal computers have rocked the technology world, and are predicted to storm the fort of modern PCs and other handheld devices soon.
The Federal Bureau of Statistics (FBS) has validated fears that the governments restricted fiscal space has severely hampered its ability to provide basic services such as education, healthcare and sanitation. The Pakistan Social and Living Standard Measurement Survey, 2010-11, published by FBS reveals just how far behind Pakistan lags in the race to achieve the Millennium Development Goals, mutually agreed by members of SAARC.
The National Fertilizer Development Centre (NFDC) has revealed fertiliser statistics for August 2011 and it was not much of a surprise. The urea off-take for August 2011 nearly doubled on year-on-year basis, but this was an expected revival. The devastating floods last year casted a disaster spell on urea demand which tapered the input demand.
Caught unprepared, the authorities are still busy fire fighting, much like last year. It is feared that the per capita losses resulting from recent floods are beyond those of the great floods of 2010.
When it comes to policy making, the Pakistani government has proved to be consistently inconsistent. It is clear from recent happenings that people are well aware of the fact that governments decision can fly-by-night. This shifty behavior of government has shaped the thinking patterns of the nation which consequently is affecting businesses.
In the local banking industry, challengers, or so called smaller players, are furiously proving their mettle. To trespass the comfort zone enjoyed by a handful of the countrys largest banks, mid-sized banks have been raising their game.


Index Closing Chg%
Arrow DJIA 17,031.14 0.26
Arrow Nasdaq 4,518.90 1.07
Arrow S&P 1,984.13 0.07
Arrow FTSE 6,804.21 0.04
Arrow DAX 9,659.63 0.09
Arrow CAC-40 4,428.63 0.29
Arrow Nikkei 15,948.29 0.25
Arrow H.Seng 24,356.99 0.97
Arrow Sensex 26,816.56 0.90

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 15, 2014
Reserves $13.414 bln