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The two reviews

Published on November 24, 2014Pakistan's economic team led by Ishaq Dar and the International Monetary Fund (IMF) mission led by Jeffrey Franks concluded the fourth and fifth mandated review under the 6.64 billion dollar Extended Fund Facility (EFF) paving the way for the release of fourth and fifth tranches amounting to 1.1 billion dollars next month. The IMF Board approval, a requirement for a tranche release, is scheduled for 17th December.Read full story

Countdown to missed opportunity for EU economy

Published on November 24, 2014The countdown has begun to what threatens to be a missed opportunity to revive Europe's stalled economy. When European Union leaders meet on December 18-19 under new management, they have a chance to launch a joint assault on the economic stagnation and high unemployment that are fuelling disenchantment and anti-EU protest among voters.Read full story

After nuclear phase - out, Germany debates scrapping coal

Published on November 24, 2014After deciding to scrap nuclear power, Germany is pondering saying goodbye to coal, its biggest energy source but also its top polluter and main threat to ambitious climate goals.Read full story