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The MDGs' fiasco in Pakistan presents an interesting comparative case study of performance of political regimes during the period 1990-2013. In a stylistic sense, political regimes reflect political will, political ownership and/or country ownership for wide ranging economic reforms and to attain targets in case of MDGs. Multilaterals' use of 'country ownership' incorporates a wider range of stakeholders, ie, politicians, bureaucrats, academia, grass root organizations and local level government, while in a narrow and strict sense 'political ownership' may only be inferred from the manifesto of the political party running the government.

A breakthrough in the way energy is stored could lead to smaller electronics, more trunk space in a hybrid car and eventually clothing that can recharge a cellphone, according to researchers at the University of Central Florida. Nanotechnology scientist Jayan Thomas said in an interview he believes he has discovered a way to store energy in a thin sheath around an ordinary lightweight copper electrical wire. As a result, the same wire that transmits electricity can also store extra energy.
The North American monarch butterfly uses the Sun as well as Earth's magnetic field as navigational tools for its famous long-distance migration, scientists said Tuesday. The insects with their characteristic orange-and-black wings flutter thousands of kilometres each year from the United States and southern Canada to the Michoacan mountains in central Mexico, where they overwinter.
Japanese scientists on Tuesday unveiled what they said was the world's first news-reading android, eerily lifelike and possessing a sense of humour to match her perfect language skills. The adolescent-looking "Kodomoroid" - an amalgamation of the Japanese word "kodomo" (child) and "android" - delivered news of an earthquake and an FBI raid to amazed reporters in Tokyo.
Construction on the world's largest optical telescope began with a bang last Thursday, as workers demolished a hilltop in Chile's Atacama desert. The European Extremely Large Telescope (E-ELT) telescope, being built by the European Southern Observatory, aims to give astronomers new insight into the origins of the universe and help search for potentially habitable planets elsewhere in the galaxy.
Michael Jackson fans will place flowers on his grave in Los Angeles this week to mark the fifth anniversary of his death, but half a decade on, the pop icon's financial fortunes are positively blooming. The self-proclaimed King of Pop was struggling to avoid bankruptcy when he died on June 25, 2009.
The signature ride of the new "Harry Potter" attraction at Universal Studios in Orlando, a roller coaster with passenger cars that pitch, heave and spin 360 degrees through a 3-D film adventure, was shut during a media preview last Thursday after minor glitches the previous night.

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln